3T 2ND

What are the key types of resources that entrepreneurs need to manage effectively and efficiently?

• Human, Political, and Ecological

• Material, Intangible, and Technological

• Financial, Natural, and Ethical

• Human, Material, Intangible, and Financial

What is the concept of effectiveness?

• Spending more resources to achieve goals

• Completing activities and achieving goals by doing the right things

• Ignoring goals and activities

• Focusing solely on material resources

What is the concept of efficiency?

• Spending more to achieve goals

• Optimizing resource use by spending less

• Ignoring resource optimization

• Focusing solely on intangible resources

What does the combination of effectiveness and efficiency lead to?

• Random outcomes

• Creativity

• Productivity

• Production

What does productivity involve?

• Procrastinating to achieve better results

• Using more resources to ensure quality

• Obtaining results in the shortest time with no concern for resources

• Obtaining results efficiently with fewer resources while maintaining quality

What are some benefits of productivity?

• Increased costs and inefficient processes

• Customer dissatisfaction and defective products

• Decreased returns and operational processes

• Increased sales and improved organizational environment

What does CSR stand for?

• Cristiano Sir Ronaldo

• Customer Service Regulation

• Corporate Social Responsibility

• Company Sustainability Report

What aspects does CSR involve?

What are fundamental elements for entrepreneurs in CSR?

What is the origin of the word "Economy"?

• Latin roots

• Greek roots: Oikos = House, Nomos = Administration

• Germanic origins

• Sanskrit derivation