Which of the Following Best Describes the Characteristics Associated with a Great

question 46

Multiple Choice

Which of the following best describes the characteristics associated with a great founding team?

• A)wealth,technical skills,intelligence,ability to cope with pressure
• B)ability to cope with pressure,social and technical skills,ability to overcome complex obstacles
• C)financial backing,large social networks,business-related skillsets
• D)ability to cope with pressure,social skill,financial stability

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Definitions:

Labor Hours

A measure of the amount of work or effort in terms of hours spent by workers in producing goods or providing services.

Profitable Use

The utilization of resources or assets in a way that generates a financial gain.

Fixed Manufacturing Overhead

Costs in manufacturing that do not vary with the level of production, such as salaries of supervisors and rent of the factory.

Contribution Margin

The amount remaining from sales revenue after variable costs have been deducted; it contributes towards covering fixed costs and generating profit.