Employees work below the executive level and are paid wages or a salary by their employer, who is a person, firm, or entity that hires and pays for their services. A manager oversees a business or organization, while an entrepreneur organizes, manages and takes on the financial risks of starting a business.

1. Employers/ Employees
Managers / Entrepreneurs
Created by Mr. Lewis

2. Employee - one employed by
another usually for wages or
salary and in a position below
the executive level
Employer - A person, firm, or
other entity which pays for or
hires the services of another
person (employee).

3. Manager / Entrepreneur
Manager – One that manages
Entrepreneur - One who
organizes, manages, and
assumes the risks of a business
or enterprise