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Emphasis on producing more goods faster

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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.


Difference between information age and industrial age?

The industrial age was dominated by the manufacturing and transportation processes, carried out on a large scale by efficient machines that brought down the cost per unit. The information age is dominated by computers and their capacity to process data with greater efficiency and in more ways than we did previously.


What is the name of an person who takes risks to make money to start their own business?

an entrepreneur


What is the role of the entrepreneur in managing an enterprise?

The role of an entrepreneur is starting the organization. Entrepreneurs are business innovators who come up with ideas and set them in motion.


Why is it important to consider an entrepreneur's personal finances when conducting the short and long term financial forecasts of a firm?

An entrepreneur, especially when starting out, is likely to either operate his or her business as a sole proprietorship or partnership. As such, an entrepreneur is both legally and financially liable for the business. If an entrepreneur is showing certain spending and banking habits that do more harm than good, then it is both a good indicator of how the entrepreneur will run- is is currently running- his/her business and a strong sign that the entrepreneur is very likely to pull money out of the business in times of trouble. While even the most organized and successful entrepreneurs will pull money out, a bank has reason to worry about lending if the entrepreneur frequently runs into problems that require withdrawals from the business, which might stagnate growth or even destroy the business. If an entrepreneur messes up their personal finances, they are much more likely to hurt their business's chance to grow and succeed, which could lead to the business closing its doors and the entrepreneur in deep financial troubles...

Related Questions

What is the industrial entrepreneur age characterized by?

Advances in technology and an increasing demand for manufactered goods.


The age of the industrial entrepreneur is characterized by?

B) advances in technology and an increasing demand for manufactured goods.


Which describes an entrepreneur?

a businessperson increases production during the industrial revolution


What is the Different between male entrepreneur and female entrepreneur?

There is no difference between a male and a female entrepreneur. In fact, it doesn't matter what age, sex, race or religion anyone is.


The second stage of communism is charaterized by the dictatorship of which group?

proletariat (people)


What nationality is Richard arkwright?

Richard Arkwright was British. He was an inventor and entrepreneur in the textile industry during the Industrial Revolution in Britain.


What is meaning of entrepreneur?

One who creates a product on his own account; whoever undertakes on his own account an industrial enterprise in which workmen are employed.


What is important the industrial revolution or the information age?

information age?


What was the industrial age?

period of time


What actors and actresses appeared in Industrial Age - 1999?

The cast of Industrial Age - 1999 includes: Fred Dibnah as Himself - Presenter


Where did Martha Stewart work before she became a entrepreneur?

Martha Stewart was a fashion model before she became to work as an entrepreneur. As of June 2014, Martha Stewart is 72 years of age.


What are all the ages example dark age?

golden age, ice age, industrial age, and building age