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Explain the risk-taking capability of an entrepreneur.
Risk-Taking Capability:
Risk is inseparable and inherent element of entrepreneurship. He supposes about the uncertainty of future. An entrepreneur assurance rent to the landlord, wages to workers and interest to the investor into the hope of earning more than the expenditures.
What should Mr. Sharma have done to avoid the misunderstanding?question #Minimum 100 words accepted#
Information system as well allows a firm to develop a strategic information base that is able to provide information to support the firm's competitive strategies. Information in a
QUESTION You are required to advise the management of UTM Ltd about the different types of information systems that it might require at the various levels of the organisation.
QUESTION 1 History is replete with cases where organizations fail as a result of poor or no communication especially in periods of crises. With what you have learnt from the lo
A firm must balance the factors used to determine the pay ranges of their employees balancing the job demands with sufficient pay levels to encourage employees to undertake the new
Question 1: Planning is one of the primary functions of management as all other functions depend on it. Thus, planning has been criticized on several grounds. Describe (i)
Which factors are the productions and manufacturing budget based? The productions and manufacturing budget based is based onto: 1. Sales budget, 2. Factory capacity (Prod
how price and output determined under monopoly in short period
What are the relatively distinct leadership styles? The three relatively distinct leadership styles are as illustrated below: 1. Authoritarian: leader makes every decision
Sid and Nancy both need to buy pens for school. The bookstore has only two types of pens: Basic blue pens (B), which cost $.60 each. Long-lasting green pens (G), which have
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