The Book Features a Standardized Model (M

question 6

Multiple Choice

The book features a standardized model (M. Porter) which displays how a company's economy moves through three stages - factor-driven economy, effective-driven economy and innovation-driven economy. Each stage is shown in relation to the impact entrepreneurship has on it. What does this curve reflect?

• A) that entrepreneurship impacts each stage equally
• B) that entrepreneurship has the most impact in the effective-driven economy
• C) that entrepreneurship has the most impact in the factor-driven economy
• D) that entrepreneurship has most impact in an innovation-driven economy
• E) that entrepreneurship does not have much impact

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Definitions:

Peer Influence

The effect that the attitudes, behaviors, and actions of peers have on one's own behavior, often observed during adolescence as individuals become more socially aware and sensitive to their peer groups.

Suicidal Ideation

Thinking about suicide, usually with some serious emotional and intellectual or cognitive overtones.

Identity Crisis

A period of uncertainty and confusion in which a person's sense of identity becomes insecure, typically due to a change in their expected aims or role in society.

James Marcia

A psychologist best known for developing the identity status theory, which classifies individuals' level of identity development into one of four categories.