Entrepreneurs Can Delegate Every One of the Following Tasks to Labor

question 51

Multiple Choice

Entrepreneurs can delegate every one of the following tasks to labor except:

• A) hiring and training new employees.
• B) assuming business risk and uncertainty.
• C) supervision of the production process.
• D) researching ideas for new products.
• E) marketing the goods and services produced.

---

Definitions:

Direct Democracy

A form of democracy in which people decide on policy initiatives directly, without intermediaries or representatives.

Representative Democracy

A system of government where citizens vote to elect leaders to make policy decisions on their behalf.

Federal Level

Pertains to the national or governmental authority and actions of a country, as opposed to state or local levels.

Harold Lasswell

Harold Lasswell was an influential American political scientist and communications theorist best known for his studies on the role of propaganda in society, emphasizing the importance of analyzing "who says what, to whom, why, how, and with what effect."