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Before the 18th Century, What Was the More Common System

question 7

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Before the 18th century, what was the more common system for entrepreneurial production?


Definitions:

Process Theories

Theories in psychology and management that focus on how people perceive and respond to different inputs and how this influences motivation and behavior.

Performance-Avoid Goal Orientation

A preference to avoid negative judgments about the outcome of one’s performance.

Performance-Prove Goal Orientation

A preference to obtain favourable judgments about the outcome of one’s performance.

Equity Theory

A theory that focuses on determining whether the distribution of resources is fair to both relational partners.

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