A person who organises factors of production and bears risk to start a business is called

1. An entrepreneur identifies an opportunity, gathers resources and accepts risk. 2. A manager runs an existing business but does not necessarily bear ownership risk. 3. A promoter is involved in floating a company; a shareholder merely invests capital. 4. Hence the answer is Entrepreneur. _Source: Maharashtra Balbharati Std XII OCM, Ch 3 "Entrepreneurship Development", §3.1 ¶§3.1_