Question: Creative destruction involves radical improvements and changes that made old processes and technologies obsolete. Select one: True False A wrong choice of location for an










Creative destruction involves radical improvements and changes that made old processes and technologies obsolete. Select one: True False A wrong choice of location for an enterprise can lead to disaster for the enterprise. Select one: True False The natural resources available for production is known as labour. Select one: True False A citrus plantation is an example of a secondary sector. Select one: True False Examples of physical capital are machinery, factories and buildings. Select one: True False The internal environment comprises competitors, suppliers, physical variables and international forces . A factor that discourages intrapreneurship is the low rate of failure. Select one: True False A person who buys an existing enterprise can be described as an entrepreneur. Select one: True False Entrepreneurs can prove their commitment to the enterprise by borrowing and securing the loan against their house. Select one: True False Natural needs include food and drinks. Select one: True False
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