Match the Following: -Entrepreneur

question 81

Multiple Choice

Match the following:
-entrepreneur

• A)relating to others
• B)announces new products to press
• C)sold to the consuming public
• D)transformation of inputs to outputs
• E)interrelated set of elements
• F)organizing
• G)level of outputs per input
• H)aids study of organization culture
• I)leader
• J)organizational behavior
• K)universal conclusions impossible
• L)power and decision making
• M)think in the abstract
• N)cause-and-effect relationships
• O)voluntary initiator of change
• P)people as resources
• Q)the field of medicine
• R)resource allocator
• S)seeks valuable information
• T)accomplish specific tasks

---

Definitions:

Discount Period

The Discount Period refers to a specific timeframe during which a buyer can pay less than the full invoice amount as an incentive for early payment.

Credit Terms

Conditions under which credit is extended by a seller to a buyer, including payment period, discount for early payment, and late penalty.

Accounts Payable

Liabilities or amounts owed to creditors for goods and services received but not yet paid for.

Merchandise Inventory

The goods a company holds for the purpose of sale to customers.