ECON MICRO
5th Edition
ISBN: 9781337000536
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 13, Problem 5.10P
To determine
The ways in which an economy is affected by the actions of entrepreneurs.
Concept Introduction:
Entrepreneur creates businesses and new businesses create jobs, strengthen market competition and increase productivity. These are some brief advantages of entrepreneurship.
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Question-2) What is the name of the
ideas that can be transformed into
products and services that will provide
value to the customer, profit to the
entrepreneur, benefit to the society.
a) Creativity
b) Business idea
c) Innovation
d) Innovation
e) Entrepreneurship
Subject: ( Enterprenurship )
Define SMEs.
Also write down Financial and marketing problems of SMEs.
(Corporate values) help a company determine
A-how to behave with its employees , shareholders , and the wide •
B- what is important for the company's reputation .
C- where to sell its products or services . D- the types of products or services to offer .
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