The Number of Units That Can Be Produced in a Given

question 56

Multiple Choice

The number of units that can be produced in a given period of time is called

• A)turnover.
• B)cycle time.
• C)velocity.
• D)efficiency.

---

Definitions:

Entrepreneurs

Individuals who start, organize, and manage their own businesses, taking on financial risks in the hope of profit.

Small Business Owners

Individuals who own and operate companies that are typically defined by their small size in terms of employees and revenue.

General Public

This term refers to the ordinary people in society at large, distinct from the members of a particular group, profession, or government.

Moderate Risk

A level of danger or potential for loss that is considered to be within a reasonable or manageable range.