Examlex
Donohue and Kolt's 1999 "Four R Method" refers to
Labor
The application of physical and cognitive labor in the manufacture of goods and provision of services.
Entrepreneur
An individual who initiates, organizes, and operates a business venture while assuming the associated risks.
Compensated
To be given something, typically money, in recognition of service, effort, or loss.
Profit
The financial gain realized when the revenue generated from business activities exceeds the expenses, taxes, and costs associated with sustaining the business operations.
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