_____ Consists of Identifying Opportunities,planning and Devising the Venture,and Resourcing

question 9

Multiple Choice

_____ consists of identifying opportunities,planning and devising the venture,and resourcing the venture and taking action.

• A)Business plan
• B)Bias for action
• C)New-market disruption
• D)Bootstrapping
• E)Entrepreneurial process

Explain the concept of a party machine and its evolution over time.

Assess the factors reinforcing the two-party system and the challenges it faces.

Consider the potential benefits and drawbacks of proportional representation versus the two-party system.

Describe the formation, development, and transformation of political parties in the US.

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Definitions:

Reduce Costs

Strategies or actions taken by businesses to decrease expenses and improve profitability without compromising the quality of their products or services.

Allocation

The process of distributing resources, goods, or services according to a specific plan or system.

Productivity

A measure of average output or real output per unit of input. For example, the productivity of labor is determined by dividing real output by hours of work.

Land Taxes

Taxes imposed on property owners based on the value of their land, commonly used by governments as a source of revenue.