Which of the Following Statements Is True of Sustainable Entrepreneurs

question 15

Multiple Choice

Which of the following statements is true of sustainable entrepreneurs with regard to resources?

• A)They do not attach significant importance to non-financial resources.
• B)They are mindful of the way they mobilize the physical resources required for their new venture.
• C)They are constantly looking for better and more financially rewarding ways to meet needs.
• D)They always look for places where they can outperform existing competitors,either by lowering costs or by providing unique benefits.

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Definitions:

Net Operating Income

A measure of a company's profitability from its regular business operations, deducting operating expenses from gross income.

Operating Leverage

A measure of how sensitive a company's operating income is to a change in its sales revenue, indicating the proportion of fixed to variable costs.

Net Operating Income

The profit a company generates from its operations, before taxes and interest, from its primary business activities.

Sales Decline

A decrease in the volume or value of sales over a specific period.