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The Thomas Theorem States That "Even If We Define Situations

question 86

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The Thomas theorem states that "even if we define situations as real, this has no significance for their consequences."


Definitions:

Financially Based

Decisions, actions, or policies grounded primarily on financial considerations, metrics, or outcomes.

Risk Seeking Propensity

A behavioral trait of preferring or pursuing actions that have potential for higher gains despite the risks involved.

High Autonomy

A condition where individuals or entities operate independently, making their own decisions with minimal supervision or direction.

Entrepreneurial Culture

An organizational culture that fosters innovation, risk-taking, and the proactive pursuit of opportunities, typical of startups and innovative enterprises.

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