In Chapter 2, the Idea That Society, Particularly the Economic

question 14

Multiple Choice

In Chapter 2, the idea that society, particularly the economic landscape, has genuinely shifted in a number of crucial areas, and that the entrepreneurial economy is a reaction or answer to these changes is discussed. Which four of the following alternatives are some of the factors driving us towards an entrepreneurial economy?

• A) an increasingly knowledge-based economy
• B) stock markets are increasingly volatile
• C) globalization increases competition
• D) sustainability issues play more of a central role
• E) customers refuse standardized products/services
• F) wage adjustments lean towards more knowledge-based ways of working
• G) technological advancements reduce the need to produce economies of scale

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Definitions:

Self-Evaluation Form

A tool used by individuals to assess their own performance, strengths, and areas for improvement.

Team Leader

A person who leads, guides, and manages a team, ensuring that objectives are met.

Resolve Conflict

A process aimed at addressing and finding a solution to a disagreement or dispute between parties.

Diplomatic

Pertaining to the management of relations between nations through negotiation and dialogue, often characterized by tact and sensitivity.