Entrepreneurs Mostly Focus on a Single Number: Profits

question 20

Multiple Choice

Entrepreneurs mostly focus on a single number: profits. As a result, which of the following statements tends to be true about their firms?

• A)The firms tend to do well in some aspects of their operations, but other aspects are neglected.
• B)The firms cannot achieve a very high overall efficiency.
• C)The firms pay close attention to every aspect of their operations.
• D)The firms' suppliers and customers are often left behind.

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Definitions:

Buffers

Substances that help maintain a stable pH in a solution by neutralizing excess acids or bases.

Negative Nitrogen Balance

A condition where the amount of nitrogen excreted from the body is greater than the amount ingested, indicating muscle or tissue breakdown.

Triglycerides

A type of fat found in the blood, derived from the foods we eat, and an essential energy source for the body.