New and Emerging Ventures Make Two Indispensable Contributions to the World

question 3

Multiple Choice

New and emerging ventures make two indispensable contributions to the world economy. They are:

• A) Not integral to renewal process of market economies
• B) Generate a majority portion of world GDP
• C) Support established market structures by benefiting major corporations through partnerships.
• D) Mechanism by which millions enter the economic and social mainstream of our global society.

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Definitions:

Preconventional

A term from Kohlberg's stages of moral development referring to the earliest level, where moral understanding is based primarily on consequences and compliance with rules.

Moral Development

The process through which individuals develop an understanding of right and wrong, evolving through stages of moral reasoning.

Conventional

Pertaining to commonly accepted norms or standards.

Growth Spurt

A rapid increase in growth rate, especially in height and weight, commonly observed during puberty.