Schumpeter Was on an Unceasing Quest to Find Out "How

question 21

Multiple Choice

Schumpeter was on an unceasing quest to find out "how the economic system generates the force which incessantly transforms it" (growth and development force) . His answer was that the key is:

• A) the entrepreneur as creative destruction
• B) homo economicus, economic man
• C) price mechanism and competition
• D) a combination of land, work and capital
• E) a tendency towards balancing out supply and demand
• F) laws of nature in the economy

Identify factors that stimulate intrinsic motivation.

Understand the relationship between motivation and organizational objectives.

Describe the impact of seeing others being treated on an individual's motivation.

Recognize the role of motivation in determining the quality and quantity of work.

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Definitions:

Problem Solvers

Individuals or entities skilled at identifying, analyzing, and finding solutions to complex or straightforward issues.

Expert Systems

Allow computers to mimic the thinking of human experts for applied problem‐solving.

Artificial Intelligence

The simulation of human intelligence processes by machines, especially computer systems, including learning, reasoning, and self-correction.

Highly Skilled

Highly skilled describes individuals who possess a high level of expertise, competencies, and experience in a particular field or profession.