An entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.
Answer:
An aspiration referral group
Explanation:
As he cannot join the group today, due to shortage of funds, he will join the group later, and accordingly, he expects it to be his aspiration to join the group.
That means it is his wish to join the group, this reflects clearly that the group is an aspirational referral group.
As all the partner's of his business are also members of the group he shall be expecting them to put a referral.
Therefore, the group will be considered as the aspiration referral group.
Answer:
Letter B is correct
Explanation:
By poorly implementing an information system, the company is at risk of failures in its process, as was the case with Hershey Foods. Lack of information availability is a risk that occurs when the system does not effectively present the information required for tasks to be performed correctly. To prevent this from happening, an information system must always be reviewed and updated periodically to align with the company's strategy.
Answer:
there are a large number of people working in the underground economy.
Explanation:
The unemployment rate is the rate of people in the labour force that is without a job but they are actively looking for employment
Types of unemployment
structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.
Frictional unemployment: the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.
Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.
Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom
If a large number of people are working underground, they would not be counted as part of the labour force and so the labour force would be smaller. This understates unemployment rate
Answer:
Check: Review the test, analyze the results, and identify what you’ve learned.
Explanation:
The four phases are:
Plan: identify and analyze the problem or opportunity, develop hypotheses about what the issues may be, and decide which one to test.
Do: test the potential solution, ideally on a small scale, and measure the results.
Check/Study: study the result, measure effectiveness, and decide whether the hypothesis is supported or not.
Act: if the solution was successful, implement it
