Examlex
What are the two styles of leadership at either end of the leadership continuum model?
"Destroyed" Industries
Refers to industries that have significantly declined or been rendered obsolete due to technological advancements, market shifts, or regulatory changes.
"Created" Industries
Sectors or markets that have emerged as a result of innovation, technological advances, or governmental policy.
Entrepreneurs
Individuals who take the initiative to start and manage a business, taking on financial risks with the aim of making a profit.
Purely Competitive
A market structure characterized by many buyers and sellers, free entry and exit, and a homogeneous product, leading to no single buyer or seller having control over prices.
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