According to the Institution-Based View

question 35

Multiple Choice

According to the institution-based view

• A)​It is relatively easy to establish a start-up in any country.
• B)​Both formal and informal institutional constraints affect entrepreneurship.
• C) ​Governments in less developed countries tend to impose fewer procedures, resulting in lower total cost.
• D) ​Flourishing entrepreneurship is unrelated to the level of development in a country.

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Definitions:

Sales to Total Assets Ratio

A financial metric that measures how efficiently a company is using its assets to generate sales.

Total Assets

The total value of everything a company owns, both current and non-current, as recorded on the balance sheet.

Single-step Statement

A simple form of income statement that calculates net income by subtracting total expenses from total income in one step.

Multiple-step Statement

An income statement that separately reports operating and non-operating activities, making it easier to understand the financial results.