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Q: What is the ability to use available resources more efficiently than the competitor?
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What is difference between entrepreneur and leader?

Entrepreneur is one who risks time and money to create a new business. A Leader is one who rises above the rest and directs in the right path. In business terms it's usually a manager's role. Leader - A person who has the ability to recognize a need/deficiency, ability to differentiate between the most important goals from those that can and should wait, ability to design a solution that can be implemented with the resources he/she has available, ability to obtain currently unavailable resources to achieve the outlined goal, use his/her drive and ambition to implement the goal using the resources and people around him, and then show others how the goal solved the predetermined problem and then clearly state what the next goal is and why. Entrepreneur - A person who has the ability to recognize a need/deficiency, ability to differentiate between a useful need and an idea that can be a successful business, design a solution, use his/her drive and ambition to implement the solution , and then profit from that solution to the desired level of the entrepreneur.


A person's ability to pay off debts based on the money that person has available to meet financial obligations is called what?

D. Capacity


What bank card services are available with the Bank of Montreal debit card?

There are many bank card services available with the Bank of Montreal debit cards. One of the biggest bank card services available with the Bank of Montreal debit card would be the ability to use ATMs.


What services are available on CapitalOne Online?

There are many different services available online on the Capital One website. In addition to the ability to apply for a Capital One Card, one can also learn more about the different plans offered.


What are the basis of credit?

Character. This refers to the personal integrity of the borrower. His determination to pay can be evaluated by his past business record. Character also includes personal habits, attitudes, or vices of the borrower.Capacity. This has something to do with the managerial ability of the borrower. Could he use wisely and efficiently his loan? Factors like responsibility, maturity and business competence of the borrower determine his capacity to pay.Capital. This refers to the resources owned by the borrower such as priorities. With such properties, the ability of the borrower to obtain credit has become greater.Collateral. Usually, the title of the land is required as a security of the loan. This is a safety measure for the payment of the loan. Buildings, machines and other valuable properties are used as collaterals.Condition. Conditions in the community, industry, or the whole economy affect the ability of borrowers to pay their loans. For example; peace and order, inflation, profitability of a project, etc.

Related questions

What is the meaning of the phrase 'from hand to mouth'?

To survive only by immediately consuming all resources as they become available, with no way or ability to store for the future .


What is the ability of your body systems to work efficiently?

Physical fitness


How did Native American culture reflect the resources available to these groups?

Native American culture developed around the resources available to them. For instance, plains culture was nomadic, as they followed the buffalo herds. Pueblo culture was stationary due to the ability to engage in agriculture.


What is the ability of the body to function successfully and efficiently during?

physical fitness


What is the ability for your boby system to work together efficiently?

Physical Fitness


Advantage Disadvantages of Internet-marketing?

Abiliity to market your services for free or at a low cost. Ability to sell anything online. Ability to collect payment online. Lot's of resources freely available online. Lot's of how-to resources. People are open to sharing their knowledge on the internet.


What is broad retrieval ability?

Broad retrieval ability refers to having the capability to access a wide range of information or resources from different sources or platforms. It involves being able to retrieve relevant data efficiently across various formats, databases, or systems. This ability enables individuals to gather comprehensive information on a particular topic or issue.


What is the ability to read quickly effortlessly efficiently with good meaningful expression?

fun


What are the major strength of computer?

Ability to carry out repetitive computations accurately and efficiently.


What is the difference between competence and intelligence?

Competence is the ability to do something successfully or efficiently. Intelligence is the ability to acquire and apply knowledge and skills.


What is Pure Technical Efficiency?

Pure technical efficiency refers to achieving maximum output using the minimum amount of inputs. In other words, it is the ability to produce goods and services at the highest possible level of productivity, given the existing technology. It implies that all available resources are being efficiently utilized without any wastage or inefficiencies.


How did the development of tools change the life of early human?

Tools allowed early humans to obtain food and shelter easier. It made more resources available to them, such as the ability to cut down trees for shelter and the ability to crack open nuts.