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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 are the control charts in management? Control Charts: These charts are based upon statistical sampling theory, as per that an enough sized sample drawn, at various f
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Ways to measure the success of a selection
Ask question “Naughty Rule”#Minimum 100 words accepted#
Illustrate the major and minor managerial decisions? Major and Minor Decisions: Decision regarding financial outlay can be minor or major. A decision associated to the pu
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Distinguish between business function and business process
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