Which Would Tend to Result in a Greater Level of Entrepreneurship

question 2

Short Answer

Which would tend to result in a greater level of entrepreneurship?
a. Fewer numbers of incumbents.
b. Capital-intensive industries.
c. Weak bargaining power of suppliers.
d. Ability to reduce the bargaining power of buyers.
e. Lack of threat to incumbents from substitute products/ and services.

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Definitions:

Logistics Department

The division of a company responsible for the management of the movement and storage of materials, goods, and information.

Operating Divisions

Sections of a business organization that operate semi-autonomously, typically responsible for their own budgeting and profit and loss.

Variable Costs

Expenses that change in proportion to the level of production or sales volume.

Fixed Costs

Expenses that do not change regardless of the level of production, like leases and salaries.