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Questions and Answers
What is the term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources?
What is the term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources?
- Profit
- Capital (correct)
- Entrepreneurship
- Human resources
Which factor of production involves the workforce of an organization, business sector, industry, or economy?
Which factor of production involves the workforce of an organization, business sector, industry, or economy?
- Entrepreneurship
- Human resources (correct)
- Capital
- Natural resources
Who is known as the father of capitalism?
Who is known as the father of capitalism?
- Milton Friedman
- Karl Marx
- Adam Smith (correct)
- John Maynard Keynes
What is entrepreneurship viewed as, according to the text?
What is entrepreneurship viewed as, according to the text?
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Which term encompasses resources that exist without any actions of humankind?
Which term encompasses resources that exist without any actions of humankind?
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What is the key characteristic of an entrepreneur?
What is the key characteristic of an entrepreneur?
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What is the primary purpose of the 'invisible hand' economic system?
What is the primary purpose of the 'invisible hand' economic system?
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What is one of the key challenges facing organizations due to the changing demographics of the workforce?
What is one of the key challenges facing organizations due to the changing demographics of the workforce?
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What is a key characteristic of effective employee teams according to the passage?
What is a key characteristic of effective employee teams according to the passage?
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