Arranging Financing, Handling Credit, and Budgeting Are All Considered Skills

question 27

Multiple Choice

Arranging financing, handling credit, and budgeting are all considered skills under which broad entrepreneurial skill set?

• A) Managing people
• B) Managing inventory
• C) Managing capital
• D) Managing money

---

Definitions:

Single-Loop Learning

A teaching method where learners focus on solving specific problems without questioning underlying assumptions or modifying overall objectives.

Current Assumptions

Current assumptions are the premises or conditions that are believed to be true at the present moment and are used as a basis for planning or decision-making.

Freezing Stage

A phase in the change management process where old behaviors are stopped or stabilized to prepare for new changes.

Shared Understanding

A mutual agreement and comprehension among members of a group or organization regarding objectives, processes, and strategies.