Social since
What is the formula for calculating the area of a circle?
The formula is A = πr^2, where A is the area and r is the radius of the circle.
According to Max Weber's theory, how is organizational structure described?
Associated with a clear hierarchy.
What does an enterprise's economic aim focus on?
Economic property and stability.
What is key for an entrepreneurial mindset?
Creativity and resilience.
What is the difference between mean and median in statistics?
The mean is the average of all values, while the median is the middle value when the data is arranged in order.
What does the division of labor aim to achieve according to classical theory?
Efficiency.
How is an enterprise classified?
By its purpose or line of business.
What does entrepreneurship boost in a market?
Innovation and competition.
What is the primary goal of ergonomics in workplace design?
The primary goal is to design workspaces and equipment to fit the needs and capabilities of workers, improving efficiency and reducing injury.
What are structures based on according to classical management theory?
Titles based on a hierarchical structure.
What is considered for a company to be large or small?
Size (employee range and annual sales range).
What skills does an entrepreneurial person possess?
Risk-taking and problem-solving.
What is the accounting equation?
The accounting equation is Assets = Liabilities + Equity, which represents the relationship between a company's assets, liabilities, and equity.
What do structures based on classical management theory emphasize?
Task specialization and division of labor.
How many employees does a micro enterprise have?
0 to 10 employees.
Why is entrepreneurship important?
It drives economic growth.
What is the fundamental concept of opportunity cost in economics?
Opportunity cost refers to the value of the next best alternative that is given up when a choice is made.
Does "scientific administration" appear as a standard term related to Frederick Taylor's scientific management?
Let me know if you'd like me to help with anything else
What is an enterprise?
A business entity, often large and complex.
What does an entrepreneurial person need to do?
Create and take opportunities.