Which of the following is NOT true about an entrepreneur?

A. An entrepreneur gets to act as their own boss.

B. An entrepreneur has ownership in the business.

C. An entrepreneur is responsible for the success of their business.

D. An entrepreneur's salary is evaluated based on their ability to complete the tasks assigned to them.

Answer

The statement that is NOT true about an entrepreneur is option D: 'An entrepreneur's salary is evaluated based on their ability to complete the tasks assigned to them.' Entrepreneurs are not assigned tasks and earn income based on business success rather than task completion.

Explanation

To address the question regarding entrepreneurs, let’s analyze each of the provided statements:

A. An entrepreneur gets to act as their own boss.

This statement is true. Entrepreneurs are individuals who start and manage their own businesses, thus acting as their own bosses.

B. An entrepreneur has ownership in the business.

This statement is also true. Ownership is a key characteristic of entrepreneurship, as entrepreneurs invest resources in their ventures.

C. An entrepreneur is responsible for the success of their business.

This statement is true as well. Entrepreneurs bear the risk of failure and work hard to ensure their business thrives, which includes making critical decisions.

D. An entrepreneur's salary is evaluated based on their ability to complete the tasks assigned to them.

This statement is NOT true. Entrepreneurs do not typically have assigned tasks in the same way an employee does; instead, their income often stems from the overall profitability of their business rather than being evaluated on specific tasks.

Therefore, the correct answer is D.