Entrepreneurs Differ from Managers Because

question 44

Multiple Choice

Entrepreneurs differ from managers because

• A)they use innovation to gain advantage over their competitors.
• B)managers use established managing styles; entrepreneurs do not.
• C)entrepreneurs tend to take more risk than managers.
• D)All of the above are correct.

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Definitions:

Demographic Problem

Issues arising from the structure of populations, such as aging or uneven sex ratios, affecting society.

Relationship Marketing

A strategy designed to foster customer loyalty, interaction and long-term engagement rather than focusing solely on short-term goals or individual sales.

Building Bonds

The process of creating connections and relationships between individuals or groups.

Brands and Customers

The relationship and interaction between companies (brands) and the people who purchase and use their products or services (customers).