Examlex

Solved

Which One of the Following Economists Is Best Known for His

question 101

Multiple Choice

Which one of the following economists is best known for his view that innovation by entrepreneurs is the major source of economic growth?


Definitions:

Frequent Replenishment

The practice of restocking inventory more often to ensure a high level of product availability and customer satisfaction.

Information Sharing

The practice of exchanging information between parties, ensuring that all stakeholders in a process or system have the data necessary to make informed decisions.

Analytics

Analytics involves the systematic computational analysis of data or statistics, used for the discovery, interpretation, and communication of meaningful patterns in data.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives.

Related Questions