Answer:
b) bring the factors of production together and take the risks of producing output.
Explanation:
There are basically four factors of production which are required in order to ensure the manufacturing of output, which are land,labor,capital as well as an entrepreneur.
The role of an entrepreneur is to bring together all factors in order to serve the purpose of creating valued-added output that can be sold at a price higher than the cost price in order to make a profit.
All in all, the role of an entrepreneur is not just to provide capital or control land but bring all factors of production together
Answer:
D. Simon, who is baking a cake that will be sold in a bakery
Explanation:
Simon is the producer here because he is producing a product to sell on the market.
Answer:
A decision support system (DSS)
Explanation:
Decision support system is a system that enables managers to access huge amounts of data, and also the processing power those data to useful information. By developing a system that gives its managers access to large amounts of data and the processing power to convert the data into high-quality information quickly and efficiently, Cognizance has developed a Decision support system. The system helps managers of organizations with decision making by analyzing those large chunk of business data and bringing out high quality information that is useful.
