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Labour refers to the physical and mental effort exerted by individuals in the production of goods and services, typically in exchange for wages. Entrepreneurship, on the other hand, involves the process of designing, launching, and running a new business, often characterized by risk-taking and innovation. While labour focuses on performing tasks within established frameworks, entrepreneurship emphasizes creating new opportunities and value in the market. Essentially, labour is about execution, whereas entrepreneurship is about ideation and leadership.
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What is the difference between a paid worker and a job?
labour.
Difference between resource labor and resource entrepreneurship?
labour does actual work & entrepreneurship integrated land, labour and capital to contribute in production.
Difference between functional flexibility and numerical flexibility?
Managing the quantity of labour used
What is the difference between enterprise and labor?
labour is where someone gives birth to a baby in hospital not sure about enterprise
What is the difference between Helen Clark and john key?
Helen Clark was in the labour party and John Key is in the national party.
What is the difference between labor and child labor?
Abraham Lincoln thought the difference was only that wage labor was temporary and slavery was permanent.
What is the difference between isocost and isoquant curve?
All the combination of capital and labour that can be used to produce a given amount of output is called an isoquant.All the combinations of capital and labour that are available for a given cost is called an isocost.
What is the main difference between the labour market and goods market?
labour markets are fat and job markets are S**y
Marginal productivity of labour and the demand for labour .?
Graphically illustrate and explain the relationship between marginal productivity of labour and the demand for labour .
What is the difference between labor and labor in economics?
none - labour is the British spelling of the American word, labor, as is harbour, rumour, neighbour, honour and colour.
What is direct labor variance?
It means the difference between the budgeted or estimated direct labour cost at the start of work activity with the actual direct labour cost at the end of activity or fiscal year. If budgeted cost is more then the actuall then it is favourable variance otherwise it is unfavourable direct labour cost variance
What is the difference between a snow blower and electric snow shovel?
There is very little difference between a snow blower and an electric snow shovel. Both are effectively snow blowers which use power to move snow rather than manual labour.
