According to the Process of Creative Destruction, at First the Entrepreneur

question 90

Multiple Choice

According to the process of creative destruction, at first the entrepreneur will be able to sell her product for

• A)a low price because it is not well known.
• B)a high price because there is no competition.
• C)a fair price because these are contestable markets.
• D)at a price of zero until the market is created.

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Definitions:

Behavioral Observation Scale

A systematic method for assessing job performance based on directly observing and recording an employee’s behavior in the workplace.

Critical Incidents

Specific situations or events that significantly impact operations or personnel, often used in performance assessments and training.

Distributional Error

A distributional error occurs when the rater tends to use only one part of the rating scale.

Rating Scale

A method for assigning a value to a variable or a performance level, often for the purpose of evaluation or assessment.