___ is good name for the reputation of the business, which is earned by a firm through the hardwork and honesty of its owners.
None of the above
Goodwill
Fame
Reputation
Goodwill is good name or the reputaion of the business, which is earned by a firm through the hardwork and honesty of its owners.
State True or False. Doing social work and delivering competitive goods and services would certainly help in building a good reputation of the business.
Which of the following statements does not clearly distinguish between entrepreneurship and management?
(a) Entrepreneurs found the business; managers operate it
(b) Entrepreneurs are the owners of their business; managers are employees
(c) Entrepreneurs earn profits; managers earn salaries
(d) Entrepreneurship is once for all activity; management is a continuous activity