In Studying Failure Around the World, the Global Entrepreneurship Monitor

question 86

Multiple Choice

In studying failure around the world, the Global Entrepreneurship Monitor report recognized three economies.Which one of the following represents an economy focused on unskilled labor and natural resources?

• A)efficiency-driven
• B)factor-driven
• C)people-driven
• D)innovation-driven

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Definitions:

Techno-Overload

Stress or overwhelm caused by an excessive use of technology or the demand to learn and utilize new technological tools.

Perception

The process by which sensory information is organized, interpreted, and consciously experienced, influencing how we understand our environment.

Sensation

The process of sensing our environment through touch, taste, sight, sound, and smell.

Encoding

The processing of information into the memory system—for example, by extracting meaning.