A Label Which Represents a Class or Group of Objects

question 55

Multiple Choice

A label which represents a class or group of objects, people, or events that share common characteristics or attributes is called

• A) a positivestance.
• B) a prototype.
• C) an image.
• D) a concept

Explain intrapreneurship and how it operates within large organizations.

Recognize the opportunities the internet and international business offer to entrepreneurs.

Describe the characteristics and skills of successful entrepreneurs.

Understand the major sources of financing for entrepreneurial startups.

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Definitions:

Merchant

An individual or company engaged in the buying and selling of goods for profit.

Buyer

An individual or entity that purchases goods or services from another party.

Ownership Rights

Legal rights that confer the ability to use, control, and dispose of property or assets.

Passing of Title

The formal process of transferring ownership rights of a property from one entity to another.