The Six Techno-Economic Paradigms That Have Occurred Since the Industrial

question 58

Multiple Choice

The six techno-economic paradigms that have occurred since the Industrial Revolution in the late 18th century are:

• A) monarchy, republic, socialist, communist, market and neo-market.
• B) agrarian, mercantile, mass production, mass customisation and digital, information and communication.
• C) agrarian, mercantile, heavy engineering, mass production, digital and customization.
• D) agricultural, manufacturing, services, telecommunications, biotechnology and nanotechnology.
• E) early mechanisation, steam power and railway, electrical and heavy engineering, mass production, information and communication and information omnipresence .

Recognize commitment and consistency as a basis for certain social influence techniques, such as the labeling technique.

Identify car salespeople's usage of social influence techniques in real-world scenarios.

Understand the principles of scarcity and how they influence perceptions of value.

Describe methods to defend against social influence techniques based on scarcity and reciprocation.

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Definitions:

Best Leadership Style

A subjective concept suggesting there is an optimal way of leading that maximizes team performance and satisfaction, often dependent on situational factors.

Ethics Competency

The ability to recognize ethical dilemmas, understand various ethical perspectives, and make decisions that align with ethical principles.

Bank CEO

The chief executive officer of a banking institution, responsible for the strategic direction and management of the bank.

Creative Way

An innovative or original approach to solving problems or generating new ideas.