Entrepreneurs Are Willing to Take Risks Because

question 27

Multiple Choice

Entrepreneurs are willing to take risks because

• A) technology provides a way to sidestep the patent and copyright system.
• B) the patent and copyright system provides an exclusive right to sell the product for a period of time.
• C) the patent and copyright system guarantees a certain level of profit.
• D) technology always increases costs and prevents competitors from entering the market.
• E) the patent and copyright system guarantees that the risks taken will be rewarded.

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Definitions:

Psychosexual Stage

A concept in Freudian psychoanalysis that describes five stages of development (oral, anal, phallic, latency, and genital) through which a child's personality and sexual behavior mature.

Fixation

An obsessive interest or feeling towards a person, idea, or object, often leading to persistent focus on the subject.

Psychosexual Stage

A concept in Freudian psychoanalysis referring to five stages of childhood development, each characterized by the erogenous zone that is the source of a child's psychosexual energy.

Client-Centered Therapy

A form of psychotherapy that emphasizes the importance of the therapist's empathy and unconditional positive regard towards the client.