Entrepreneurship is
A. | The seemingly discontinuous process of combining resources to produce new goods or services |
B. | A project |
C. | A service |
D. | A product |
Option: A Explanation : Click on Discuss to view users comments. |
The longest lasting trade agreement with the objective of liberalizing trade by eliminating or reducing tariffs, subsidies and quotas is
A. | Free trade area - FTA |
B. | European community - EC |
C. | General agreement on tariffs and trade - GATT |
D. | The North American free trade agreement - NAFTA |
Option: C Explanation : Click on Discuss to view users comments. |
"The entrepreneur is more than a manager. He or (she) is an innovator and promoter as well." Who said it?
A. | George Gilder |
B. | Forrest H. Frantz |
C. | Joseph A. Schumpeter |
D. | Peter F. Drucker |
Option: B Explanation : Click on Discuss to view users comments. |
Which statement is true?
A. | Venture capital is outside equity that comes from professionally managed pools of investor money |
B. | Temporary working capital is the amount needed to meet seasonal or cyclical demand |
C. | Permanent working capital is the amount needed to produce goods and services at the lowest point of demand |
D. | All of the above |
Option: D Explanation : Click on Discuss to view users comments. |