Nathan Owns a Bakery That Bakes Only Cakes

question 41

Multiple Choice

Nathan owns a bakery that bakes only cakes.All of his bakers work 8 hours per day.In 2011,he employed 5 bakers who produced a total of 200 cakes each day.In 2012,he employed 6 bakers who produced a total of 249 cakes each day.The bakery's productivity

• A)decreased by 2.33%.
• B)increased by 2.33%.
• C)increased by 3.75%.
• D)increased by 24.50%.

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Definitions:

Enterprising

Characterized by taking on new ventures with innovation and risk-taking, often leading to business creation and growth.

Transformational Change

A profound or radical change that fundamentally alters the culture, values, and operations of an organization leading to significant improvements.

Entrepreneurial Activity

The actions related to starting and managing new ventures, including innovation, risk-taking, and resource management.

Innovation

The act of introducing something new, such as an idea, method, or device, which is aimed to improve processes, products, or services.