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EOPA ALowe2
Entrepreneurship Pathway
| Question | Answer |
|---|---|
| Vulnerability is? | Threats to the strengths of a company. |
| What is quality control? | The process of a business that seeks to ensure the quality of their products/services meet the customer needs by testing their products or services |
| A graphical chart that identifies tasks and deadlines in order to complete a project as a whole describes? | Gantt Chart |
| One of the by-products of this study has demonstrated that an employee’s attitude toward a job matters and that a sense of participation in the organization matters is? | Hawthorne Study |
| Define Cost Of Goods Sold (COGS) | manufacturing costs, wages of blue-collar workers, transport costs etc. |
| What does EBITDA stand for | Earnings before Interest, Taxes, Depreciation and Amortization |
| Define Operating Expenses | salaries of sales and office staff, marketing costs, rent etc.= overheads |
| Define Economics | study of how society chooses to employ resources, and distribute them for consumption among competing groups and individuals |
| Define and explain “slack resources” as a way to maintain flexibility in a plan | Extra cushion of resources |
| Define and explain ethical dilemma (as it relates to ethics). | Difference between right and wrong. |
Created by:
AsiaLowe
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