The Factors That Give Birth to a New Enterprise and Influence

question 53

Multiple Choice

The factors that give birth to a new enterprise and influence its development can be categorized as

• A) Innovation, Triggering, Environmental, Growth
• B) Sociological, Environmental, Innovation, Personal
• C) Personal, Sociological Organizational, Environmental
• D) Innovation, Triggering Event, Implementation, Growth

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Definitions:

Gross Profit

The financial gain calculated by subtracting the cost of goods sold from total revenue.

Inventory

The total amount of goods and materials held in stock by a business, shop, or warehouse.

Administrative Expenses

Ongoing expenses associated with the general operation of a business, such as office supplies, salaries of non-sales personnel, and utilities.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, usually a year or a quarter, highlighting the net profit or loss.