INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
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Tangible property that is used in the operations of a business making work fast and easy.
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Machineries/Equipments
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Workers
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Skills
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Operational risk
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Explanation:
Detailed explanation-1: -For example: cars, furniture, jewelry, household goods and appliances, business equipment. In many states, tangible personal property is subject to ad valorem property taxes in addition to property taxes applied to land and structures.
Detailed explanation-2: -Tangible personal property includes equipment, supplies, and any other property (including information technology systems) other than that is defined as an intangible property. It does not include copyrights, patents, and other intellectual property that is generated or developed (rather than acquired) under an award.
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