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Pavlova-9 [17]
4 years ago
6

Entrepreneurship is the component of human resources that performs the functions of​ organizing, managing, and assembling the ot

her factors of production to create and operate business ventures.
True / False.
Business
2 answers:
ElenaW [278]4 years ago
8 0

Answer:

The statement is true.

Explanation:

Entrepreneurship refers to the process in which a business is set up. The process helps in the creation of businesses. The person who extends his efforts in setting these businesses is said to be entrepreneurs. They develop, manage and set up the business to earn profit out of it. Also, the risk is involved in this process because of the uncertainties involved in them.

MArishka [77]4 years ago
5 0

Answer: True

Explanation: Entrepreneurship is the ability to create and run a business venture with the aim of generating a profit. This comes in the form of starting new businesses. It takes into account planning, organising, managing an assembling the 4 factors of production, and using these factors to create a product or service that customers can buy, in exchange for money. The four factors of production are: land, labour, natural resources and capital. It is important to note that although entrepreneurs aim to make a profit, they can also bear risks that can affect their business ventures and thus the profit that they make.

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A manager who takes "ownership" of a project and provides the leadership and vision that takes a commodity from the idea stage t
ikadub [295]

Answer: Champion

Explanation:

Someone who drives a course from the initial stage to a stage where it is seen as satisfactory by him and people is known as a champion, as it's been put; the individual championed the course. This individual is responsible for the process of the project and sees that it becomes successful, despite the efforts of others, he supervises them and ensure they carry out the task as he planned it. A manager who takes "ownership" of a project and provides the leadership and vision that takes a commodity from the idea stage to the final customer is a product champion.

4 0
4 years ago
If austin can produce potato chips at a lower opportunity cost than william, then:_______
Scorpion4ik [409]

If Austin can produce potato chips at a lower opportunity cost than William, then Austin has a comparative advantage in the production of potato chips.

Comparative advantage refers to a situation in which an individual, business or country can produce a good or service at a lower opportunity cost than another producers or businesses.

In production a lower opportunity cost creates a comparative advantage. So here in this situation a comparative advantage in one good implies a comparative disadvantage in another.

Hence, comparative advantage is the ability of a producer to produce a good or service for a lower opportunity cost than its competitor.

To learn more about comparative advantage here:

brainly.com/question/28238063

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7 0
2 years ago
Assume that you are the vice president of movie production for a major Hollywood studio. You need to compose a memo to your film
ddd [48]
<span>Scientists and mathematicians would be greatly beneficial to the project due to their ability to help us calculate our cost and effect on the environment, as well as maximize our budget with their calculations. I hope you all realize how important these new additions to our team are.</span>
6 0
4 years ago
Read 2 more answers
What are the main advantages of volume-based allocation methods compared to activity-based costing?
GalinKa [24]

Answer:

A: Volume-based methods are more accurate and allowed by GAAP.

Explanation:

6 0
3 years ago
sanjay has just gotten a new customer for xeno business products.this is his third new customer this month, sanjay would be cons
nataly862011 [7]

Recently, Sanjay acquired a new client for Xeno Business Products. As his third new client this month, Sanjay would be regarded as an order generator for his business.

<h3>An order getter is what?</h3>

A sales team member tasked with generating leads and convincing consumers to buy is known as an order getter. To persuade potential customers to purchase products, these salespeople look for new clients, make contact with possible leads, and employ a variety of persuasive strategies.

A salesperson who raises the company's sales revenue by obtaining orders from both new and additional orders from current customers is known as an order getter or maker.

Order takers rely on the consumer to make their own purchasing decisions. order getter get to know their clients and have an impact on their purchasing decisions. Building trust with your potential buyer should take up the majority of your effort when you're trying to sell something.

Learn more about order getter: brainly.com/question/15707913

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6 0
1 year ago
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