0
How can an entrepreneur ensure that they are operating efficiently?
Wiki User
∙ 16y ago
An entrepreneur will never know if they are working at maximum efficiency other than by comparison to others in the same situation and based on past behavior in the same situation.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What is finacial control?
Financial controls ensure that the resources of an organization are correctly and efficiently utilized.
What is the difference between entrepreneur and an entreprenuership?
An entrepreneur is the actor, or the person who has the virtue of entrepreneurship, whereas entreprenuership is the practice of being an entrepreneur.
A firm can increase its operating return on assets how?
A firm can increase its Operating Return on Assets (OROA) through: (1) Operation Management: Increasing operating profit margin by efficiently managing costs like marketing expenses, general selling and administrative expenses (2) Asset Management: Increasing total asset turnover by selling inventories and collecting accounts receivables as quickly as possible
What is the name of an person who takes risks to make money to start their own business?
an entrepreneur
What are three function of an entrepreneur?
Organize the factors of production.Set the targets to be met.Monitor what is been done to ensure that the goals of the organization are met .Will monitor the trend of the market and apply strategies to beat competion. see Sources and related links below
Are people willing to take the risk of starting owning and operating a business?
entrepreneur
What are the contributions of entrepreneur?
An entrepreneur is responsible for coming up with new ideas to answer to the needs of the people. He or she is also responsible for coming up with strategies to ensure the idea is successful.
What conditionas are used in breweries to ensure that fermentation occurrs efficiently?
Your spelling.
What conditions are used in breweries to ensure that fermentation occurs efficiently?
magic
What set of guidelines is used to ensure that programmer develop applications that are compatible with an operating?
= What set of guidelines is used to ensure that programmer develop applications that are compatible with an operating? =
What is finacial control?
Financial controls ensure that the resources of an organization are correctly and efficiently utilized.
How computing resources can be applied efficiently?
Computing resources can be applied most efficiently by applying the multiprogramming paradigm. This would ensure that the computer is not idle at any one time.
Advantages of network operating systems?
When you network operating systems you will have the benefit of both operating systems. You have to ensure both systems are compatible before networking them.
What should standard operating procedures be organized to ensure?
simplicity and completeness
What is the demands of network operating system?
The demands of a network operating system are to be able to share resources, and ensure network security.
What type of software helps a computer control itself to operate efficiently and keep track of data?
operating system
What does maintenance and evaluation mean?
Maintenance refers to the ongoing care and upkeep of something to keep it in good working condition, while evaluation involves the assessment and analysis of its performance or effectiveness. Together, maintenance and evaluation ensure that something is operating efficiently and meeting desired standards over time.
