A Manager Who Decides to Commit More Money and Employees

question 9

True/False

A manager who decides to commit more money and employees to the development of a potentially lucrative new product is performing the managerial roles of both entrepreneur and resource allocator.

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Definitions:

Civilized Society

A society marked by the development of social, cultural, and legal institutions that reflect advanced stages of human progress.

Corporations

Legal entities separate from their owners, created under state law, capable of conducting business, owning assets, and incurring liabilities.

Tort Theory

An area of law that deals with civil wrongs and damages caused by one party to another, not arising from contracts.

Deliberate

Intentionally considering or planning something.