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Julli [10]
2 years ago
13

Explain the role of an entrepreneur in the economy

Business
1 answer:
Ostrovityanka [42]2 years ago
5 0
To start their own business, usually this supports their local economy however still depending on their success. 
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A benefit of job specialization is that it a. is more difficult to design equipment. b. is easier to train new employees. c. is
jeyben [28]

Answer:

Is easier to train new employees.

Explanation:

Job specialization can be described as a process in which employees of an organization possess specific skills and knowledge that is needed to carry out a given task or activity.

Job specialization involves the process of training individuals to acquire adequate education and expertise in a specific area so they would be able to perform the task excellently well thereby leading to high productivity and growth of the organisation.

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3 years ago
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One approach to organization is putting activities that are similar under one person. ________ called this ""unity of direction.
IgorLugansk [536]

Answer:

Explanation:

One approach to organization is putting activities that are similar under one person. Fayol called this ""unity of direction."" . Fayol was the first person who outlined the functions of management. He has fourteen principles of management; Unity of directions is one of the principle which narrates that  One boss, one plan for a group, of activities having the same objective. As unity of direction principle, it leads all the members of the organization towards a common goal to achieve its objective.

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3 years ago
In building a sustainable organization, management should strive to make the organization sustainable in three areas ? ________.
DochEvi [55]
The three areas are; "the economy, the environment, and society".

Sustainability organizations are composed of groups of individuals that plan to propel sustainability or potentially those activities of sorting out something economically. Dissimilar to numerous business associations, sustainability associations are not restricted to actualizing sustainability methodologies which furnish them with financial and social advantages accomplished through ecological duty. For these associations or organizations, sustainability can likewise be an end in itself without additional explanations.
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3 years ago
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Billy never lets money stay in his pockets, he thinks if it is there he has to spend it. Often he spends it on useless "stuff".
AleksandrR [38]

Answer:

let him put it where he won't see them until It is enough for buying his wants

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2 years ago
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There are two common measures of economic growth: (1) increases in real GDP over some period of time and (2) increases in real G
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'There are two common measures of economic growth: increases in real GDP over some period of time and increases in real GDP per capita over some time period.

This statement is True.

Gross domestic product is a monetary measure of the market value of all final goods and services produced and sold by a country in a given period of time. Due to its complex and subjective nature, this indicator is often revised before being considered a reliable one.

GDP = private consumption + private gross investment + government investment + government expenditure + (exports – imports). GDP is usually calculated by a country's national statistical agency according to international standards.

GDP measures the monetary value of the final goods and services produced in a country (that is, purchased by final consumers) over a specified period of time (such as a quarter or a year). Counts all electricity generated within a country's borders.

Learn more about GDP brainly.com/question/1383956

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