What Is the Overriding Responsibility of an Entrepreneur

question 5

Multiple Choice

What is the overriding responsibility of an entrepreneur?

• A) To manage people
• B) To use the company resources to accomplish goals
• C) To make as much money as possible
• D) To be ethical and socially responsible

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Definitions:

Annuity

An investment plan that entails fixed payments to beneficiaries, mainly to serve as an income source for those who have retired.

Payment Interval

The periodicity of payments being made or received, for example, on a monthly, quarterly, or yearly basis.

Compounded Yearly

An interest calculation where the interest is added to the principal balance once a year, allowing the total amount to earn interest annually.

Economic Advantage

A benefit or gain in a financial context that gives an individual, company, or country a better position compared to others.