When Determining How to Allocate Scarce Resources, an Entrepreneur Should

question 7

Multiple Choice

When determining how to allocate scarce resources, an entrepreneur should:

• A) Focus on the company's key success factors
• B) Spread resources around to gain experience
• C) Focus exclusively on marketing
• D) Focus exclusively on technology
• E) None of the above

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Definitions:

Messenger RNA

A type of RNA molecule that carries genetic information from DNA to the ribosome, where it directs protein synthesis.

Gene Expression

Multistep process by which the information in a gene guides assembly of an RNA or protein product. Includes transcription and translation.

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms.

RNA

Ribonucleic acid. Nucleic acid with roles in gene expression. Most are single-stranded chains of ribonucleotides (adenine, guanine, cytosine, and uracil). See messenger RNA, transfer RNA, ribosomal RNA.