Entrepreneurship Is

question 44

Multiple Choice

Entrepreneurship is

• A) the talent for organizing the use of land,labor and capital,among other things.
• B) skill in influencing government regulators and legislators.
• C) accumulated technical knowledge in using labor and capital.
• D) knowledge of the particular natural resources to be found in a given area.

Grasp the concept of Process Metrics and their importance in monitoring and controlling business processes.

Understand the role of societal and technological pressures on business strategies and operations.

Learn about incremental and radical approaches to business process improvement.

Understand the basic concepts and components of manufacturing cycle efficiency (MCE).

---

Definitions:

Parties Agree

A mutual understanding or concurrence between two or more parties regarding the terms of a contract or agreement.

Risk Of Loss

The liability for damage, loss, or destruction of goods assumed by a party in a contract.

Sales Contract

A legal agreement between a buyer and a seller which outlines the terms and conditions of the sale of goods or services.

Breaches

Instances where laws, contracts, or agreements are violated or broken.