Which of the Following Is Not One of the Three

question 1

Multiple Choice

Which of the following is not one of the three key stages of an entrepreneurial strategy  

• A) The generation of a new entry opportunity
• B) Risk reduction strategies
• C) A feedback loop
• D) The exploitation of a new entry opportunity

---

Definitions:

Direct Labor-Hours

The total hours of work directly involved in manufacturing goods or providing a service.

Variable Overhead

The costs that fluctuate with the level of production output and may include expenses such as utilities and indirect materials.

Direct Materials

Raw materials that can be directly attributed to the manufacturing of a product.

Direct Labor-Hours

Overall hours employees spend directly involved in the fabricating process.