You Have an Entrepreneurial Spirit and Decide to Start Your

question 38

Essay

You have an entrepreneurial spirit and decide to start your own business. You know you first have to consider the degree of digitization you are going to pursue for your new business. What does this mean? What are your options? Which option would you choose and why?

---

Definitions:

Nature and Nurture

A concept in psychology and sociology that debates whether human behavior is determined by one's environment (nurture) or genetics (nature).

Plato

Ancient Greek philosopher, student of Socrates, teacher of Aristotle, known for his contributions to philosophy, mathematics, and the theory of forms.

Aristotle

An ancient Greek philosopher and polymath during the Classical period in Ancient Greece, one of the most important founding figures in Western philosophy.

The Testing Effect

The phenomenon where long-term memory is enhanced when some of the learning period is devoted to retrieving the to-be-remembered information through testing.