A Potential Entrepreneur Needs to Realize That

question 14

Multiple Choice

A potential entrepreneur needs to realize that

• A)there are no principles of innovation.
• B)principles of innovation can be learned.
• C)monetary gain is the principal motivator in all innovation.
• D)profitability is the ultimate key to success.

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Definitions:

Ego

In psychoanalytic theory, the part of the psyche that mediates between desires, morals, and reality, playing a key role in decision making and identity.

Psychic Energy

A concept in psychoanalytic theory referring to the energy generated by the unconscious mind that can be directed into various psychological activities or behaviors.

Predictive Utility

The ability of a theory, model, or measurement to accurately forecast or anticipate future events or behaviors based on current data or observations.

Parsimonious

Favoring simplicity and minimalism, especially in explanations that involve the least number of assumptions.