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During the Growth Stage of a Venture, Entrepreneurs Shift into a Managerial

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During the growth stage of a venture, entrepreneurs shift into a managerial style.


Definitions:

Mild Shock

A low-intensity electrical shock, often used in psychological experiments to safely simulate stress or discomfort without causing actual harm to participants.

Group Dynamics

The study of the behavioral and psychological processes affecting the behavior and development of groups.

Milgram Experiment

A series of social psychology experiments conducted by Stanley Milgram, measuring the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Obedience

The act of following the directions, commands, or instructions from someone in authority.

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