Nora Works for a Corporation and Is Using the Company's

question 24

Multiple Choice

Nora works for a corporation and is using the company's resources to build a new line of business for her employers. Nora is a(n)

• A)entrepreneur.
• B)intrapreneur.
• C)extrapreneur.
• D)interpreneur.
• E)pseudopreneur.

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Definitions:

Residual Income

Residual income is the profit remaining after deducting all required costs of capital from operating income.

Margin

Typically refers to the difference between the selling price of a product and its cost, used to measure profitability.

Turnover

The rate at which inventory or assets are sold and replaced or the rate at which employees are replaced in a business.

Residual Income

The amount of income that an investment or project generates above the minimum rate of return.