The Form of Entrepreneurship in Which a Person or Group

question 81

Multiple Choice

The form of entrepreneurship in which a person or group own their own for-profit business is referred to as:

• A) independent entrepreneurship.
• B) social entrepreneurship.
• C) public entrepreneurship.
• D) corporate entrepreneurship.

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Definitions:

Increased Revenues

A rise in the amount of money a company earns from its business activities over a certain period.

Fixed Costs

Costs that do not change with the level of production or sales activities, such as rent, salaries, and insurance premiums.

Relevant

Pertinent or closely connected to the matter at hand, often used in the context of information or data.

Operating at Capacity

The state of a business or a machine functioning at its maximum output or efficiency.