SOCIAL ENTREPRENEURSHIP
MEASURING SOCIAL IMPACT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To assure supporters of mutually beneficial working conditions, which aspect must an entrepreneur look into?
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profit margins and competition
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division of labor and economies of scale
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quality assurance, customer protection, environmental friendliness
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labor laws, minimum wage, and inflation
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Explanation:
Detailed explanation-1: -division of labour, the separation of a work process into a number of tasks, with each task performed by a separate person or group of persons. It is most often applied to systems of mass production and is one of the basic organizing principles of the assembly line.
Detailed explanation-2: -Efficient Mastery (Specialization of labor) When workers specialize in a particular task, they are able to perfect their technique and produce a higher quality product (Boyce, 2021). Quicker Training. Productivity. Efficient Allocation of Workers. Cheaper Products. Higher Wages. Innovation. 20-Apr-2023
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