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Which of the Following Is a Universal Norm According to the Textbook

question 36

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Which of the following is a universal norm according to the textbook?

Realize the importance and methods of building long-term equity in entrepreneurial ventures.
Grasp strategies for entrepreneurship in competitive environments.
Acknowledge the relationship between entrepreneurs, private investors, and venture capitalists.
Understand the significance of a defined exit strategy and management strategies in fast-growth firms.

Definitions:

Unfreezing

The initial stage in the change process where existing behaviors, attitudes, or norms are challenged to facilitate change.

Changing

The action of making or becoming different in some particular way, without permanently losing one's or its former characteristics or essence.

Refreezing

In the context of change management, refreezing refers to stabilizing the organization after a change has been made, ensuring new behaviors are solidified.

Co-opting

The process of absorbing new elements into a leadership or decision-making structure to avert threats or dissent.

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