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ownership/ entrepreneurship sae • member may own and operate their own …

Question

ownership/ entrepreneurship sae

  • member may own and operate their own business
  • includes owning, organizing and managing inputs while assuming the management of

a business or enterprise

  • basic requirements include:

○ owning the enterprise, equipment and profit
○ making decisions
○ taking financial risk with the goal of earning a

  • in agricultural production may involve owning or producing wildlife or

domesticated livestock

  • in agricultural business may involve ownership and involvement in enterprises, such as custom

machinery work, distribution, metal agribusiness
computer consulting and crop scouting

Explanation:

Brief Explanations
  • For "making [blank] decisions", in business, owners make "management" decisions.
  • For "taking financial risk with the goal of earning a [blank]", the goal is to earn "profit".
  • In agricultural production, when involving owning or producing wildlife, it can be related to "crops" (if wildlife is part of a production system where crops are also involved in a broader sense like wildlife - crop interaction in some agricultural setups).
  • In agricultural business for "distribution", "supplies" distribution is common.
  • For "metal [blank] agribusiness", "fabrication" (like metal fabrication for agricultural machinery parts etc.) makes sense.

Answer:

management, profit, crops, supplies, fabrication