The Main Point of the Entrepreneur's Learning Cycle Is

question 31

Multiple Choice

The main point of the entrepreneur's learning cycle is:

• A) that old truths always return
• B) that action must be followed by reflection in order to learn
• C) that one should always learn from "the best"
• D) that one should always focus on action - just do it!

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Definitions:

Prompt Shipment

The process of quickly and efficiently sending goods to a buyer shortly after receiving the order.

Acceptance

A term used in contract law, acceptance refers to the act of agreeing to the terms of an offer, thereby creating a binding contract.

Canceled

The act of formally terminating or voiding an agreement, contract, policy, or event.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, a treaty that governs the sale of goods between parties in different countries.