Which of the Following Creates an Environment That Is Conducive

question 14

Multiple Choice

Which of the following creates an environment that is conducive to product and process innovations and to entrepreneurial activity?

• A)Communism
• B)Centrally planned economy
• C)Privatization
• D)Command economy
• E)Lack of strong property rights

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Definitions:

Crystal Ball

A software package used for risk analysis and simulation in Microsoft Excel.

Extract Data

The process of retrieving data from a database, document, or file for further use or analysis.

Analyze Group

A collective effort focusing on the examination and interpretation of data sets to identify patterns, test hypotheses, or determine relationships.

Critical Path

The longest sequence of activities in a project plan which must be completed on time for the project to complete on due date.