A System Used to Identify,analyze,measure,record,summarize,and Communicate Relevant Economic Information to Interested

question 5

Multiple Choice

A system used to identify,analyze,measure,record,summarize,and communicate relevant economic information to interested parties is referred to as a(n) :

• A)business system
• B)management system
• C)human resources system
• D)accounting system

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Definitions:

Entrepreneur

An entrepreneur is a person who organizes, operates, and assumes the risk for a business venture, often bringing a new idea or innovation to the market.

Business Enterprise

An organization engaged in commercial, industrial, or professional activities.

Group Dynamics

The patterns of interaction and relationships that influence the behavior and performance of people within a group.

Human Relations

The study and management of how people interact in personal and professional settings, impacting social and organizational outcomes.