An Intrepreneur Performs All of the Functions of an Entrepreneur

question 63

Multiple Choice

An intrepreneur performs all of the functions of an entrepreneur ________.

• A) in a nonprofit company
• B) within an existing organization
• C) as a strategic partner of an existing organization
• D) without any connection to an existing organization

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Definitions:

Marginal Cost

The outlay involved in producing an extra unit of a product or service.

Marginal Benefit

The increased pleasure or benefit received from consuming an additional unit of a product or service.

Stadium

A large, often outdoor structure for sports, concerts, or other events, featuring tiers of seats for spectators.

Pork-Barrel Legislation

Government spending for localized projects secured primarily to bring money to a representative's district, often criticized as wasteful and politically motivated.