Match the Term with Its Definition

question 12

Multiple Choice

Match the term with its definition.
-Doing more with less in terms of resources invested in a business, and, where possible, controlling the resources without owning them

• A)bootstrap
• B)entrepreneur
• C)entrepreneurial legacy
• D)entrepreneurial team
• E)franchisee
• F)lifestyle business
• G)intrapreneurship
• H)paradigm shift
• I)small business
• J)technician personality

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Definitions:

Depreciation

The distribution of a physical asset's cost across its lifespan, mirroring its depreciation over time.

Operating Costs

Expenses associated with the day-to-day activities of a business, including costs of goods sold and administrative expenses.

Profitability Index

An investment appraisal technique that calculates the relationship between the costs and benefits of a project by dividing the present value of future cash flows by the initial investment cost.

Difficult to Quantify

This term describes items or factors that are hard to measure or express in numerical terms due to their subjective or complex nature.