ENT203
Question: ______theory is concerned with the use of machines, equipment, and tools for production of goods and rendering services.
Answer: Technological
Question: A theory that focuses on the social links which promote or hinder entrepreneurship is referred to as ________
Answer: network theory
Question: An individual factor of production, with an elasticity larger than labour is known as _____
Answer: Energy
Question: A short-term sources of funds represent ____________________
Answer: current liabilities
Question: According to the Marxian school of thought, labour is protrayed as ________factor of production
Answer: Primary
Question: A type of capital which cannot be possessed by individuals but rather part of the common stock owned by humanity is known as _____
Answer: social capital
Question: A person who provides a business with capital and someone who buys a stock is known as ______
Answer: investor
Question: The factors of production which is subject to network effects and the contrary economic laws is called _____
Answer: Intagible
Question: A process that involves recognizing opportunities in the environment, mobilizing resources to take advantage of such opportunities, to the ultimate consumers and making profit as a reward of risk taking is ____________
Answer: entrepreneurship
Question: The amount of money an initiator has invested into a business is _______
Answer: Financial capital
Whatsapp: 08039407882 for your Project Writeup I Business Plan Writeup I Online Tutorial I To become a Tutor
Follow me on Twitter for your Free Exam Summary I Free past questions I Free Tma Past Questions
