If Institutions in an Economy Change from Being Inclusive to Extractive,then

question 91

Multiple Choice

If institutions in an economy change from being inclusive to extractive,then the ________.

• A) returns to entrepreneurship will increase in the economy
• B) number of entrepreneurs will decrease in the economy
• C) existing entrepreneurs in the economy will earn higher profits
• D) opportunity cost of entrepreneurship will decrease in the economy

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Definitions:

Marketing Implementation

The process of executing the marketing strategy by creating and performing specific actions that will ensure the achievement of the marketing goals.

Strategic Planning

The process of defining a company's direction and making decisions on allocating its resources to pursue this strategy, including its capital and people.

Marketing Implementation

The act of implementing marketing strategies and plans into actions to fulfill strategic marketing goals.

Control Mechanisms

The procedures, policies, and rules used to monitor activities and ensure that organizational goals are consistently met.