Which of the Following Is NOT a Question for Managing

question 2

Multiple Choice

Which of the following is NOT a question for managing social entrepreneurship?

• A)How do we find opportunities which deliver social as well as economic benefits?
• B)How do we identify and engage a wide range of stakeholders - and understand and meet their very diverse expectations?
• C)How do we mobilise resources across networks, how do we build coalitions of support for socially valuable ideas?
• D)How do we patent and exploit emerging ideas?

Understand the concept of income elasticity of demand and its significance for forecasting market demand.

Recognize the implications of elasticity for government policies and interventions in the market.

Understand the concept of price elasticity of demand and its implications on total revenue.

Identify and differentiate between inferior and normal goods based on the income elasticity of demand.

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Definitions:

Confront

To face in hostility or defiance; to oppose or challenge someone or something directly.

Racist

Characterized by or showing prejudice, discrimination, or antagonism against someone of a different race based on the belief that one's own race is superior.

Sexist

Discriminating against people based on their sex, often holding stereotypes or prejudices towards a particular gender.

Cognitive Dissonance Theory

The idea that people have such distaste for perceiving inconsistencies in their beliefs, attitudes, and behavior that they will bias their own attitudes and beliefs to try to deny inconsistencies.