Which Is Biologically Determined and Which Is Socially Defined

question 2

Multiple Choice

Which is biologically determined and which is socially defined?

• A)Sex is biologically determined while gender is socially defined.
• B)Sex is socially determined while gender is biologically defined.
• C)Both are socially and biologically determined.
• D)Neither are socially or biologically determined.

Explain the role of entrepreneurs as residual claimants in a business context.

Discuss the implications of a focus on profit for business efficiency and decision-making.

Describe non-routine decisions in entrepreneurship that involve significant financial risks.

Identify and understand the various sources of uninsurable risk.

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Definitions:

Dedicated Infrastructure

Infrastructure exclusively allocated to a single organization or project, focusing on specific operational requirements.

Communication Structure

The framework within a project or organization that outlines the methods and protocols for information exchange among stakeholders.

Existing

Something that currently exists or is present in the current state or condition.

Trust

A firm belief in the reliability, truth, ability, or strength of someone or something.