Which Would Tend to Result in a Greater Level of Entrepreneurship

question 29

Multiple Choice

Which would tend to result in a greater level of entrepreneurship?

• A)Fewer numbers of incumbents.
• B)Capital-intensive industries.
• C) Weak bargaining power of suppliers.
• D) Ability to reduce the bargaining power of buyers.

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Definitions:

Vested Benefits

Benefits that an employee has earned the right to receive, even if they no longer work for the employer, typically in a pension or retirement plan.

Postretirement Health Care Benefits

Benefits provided by an employer to retired employees, covering medical and health-related expenses.

Tax Deductible

Expenses or costs that can be subtracted from gross income to reduce the taxable income.

ERISA

The Employee Retirement Income Security Act of 1974, a federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry.