Answer:
operational definition
Explanation:
Operational Definition: This is a term used to describe the course of action of the research variables and the study. In this experiment, laugh can be defined operationally as a smile with a sound. Because of this operational definition, the psychologists can replicate the research or the experiment. The operational definition, when used to collect data, consists of a clear, and detailed definition of a measure.
<h2>The two factors that make it challenging to start production in a market, more commonly known as barriers to entry in business term, could be as following: </h2>
<u>Product differentiation</u>
Existing firms have officials identification of the goods brand and consumer loyalties. Therefore it is difficult for a new firm to entire a market with a new brand and to gain customer loyalty.
<u>Capital Requirements</u>
The financial resources needed for the foundation, machinations, Research and Development, latest Technology and Promotion of the brand of a market. Capital Requirement is also a factor that could make it difficult for new firms to enter a market.
Answer:
People's participation is an important factor for the successful implemention of any ruler development activities.Specially in decision making, implemention,monitoring,evalution and sharing the benifits of the development programmes.
The prices for factor of production depends upon demand and supply of that particular factor of production