Which of the Following Is the Process of Starting a Business

question 33

Multiple Choice

Which of the following is the process of starting a business venture, organizing the resources, and taking the risks?

• A) Intrapreneurship
• B) Entrepreneurship
• C) Small business administration
• D) Venture capital
• E) Equity financing

---

Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by the change in Real GDP.

Labor Productivity

A measure of economic performance that compares the amount of goods and services produced (output) with the number of labor hours used to produce them.

Natural Resources

Materials or substances occurring in nature which can be exploited for economic gain, such as minerals, forests, and water bodies.

Rate Of Population Increase

The rate at which a population grows or declines, considering factors like birth rates, death rates, immigration, and emigration.