In Studying Failure Around the World, the Global Entrepreneurship Monitor

question 38

Multiple Choice

In studying failure around the world, the Global Entrepreneurship Monitor report recognized three economies.Which one of the following represents an economy that is helped by more efficient processes, higher wages, and better product quality?

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

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Definitions:

Common Stock

Equity ownership in a corporation, with voting rights and eligibility to receive dividends.

Profitability

A measure of how much profit a company generates relative to its revenue or assets.

Dividends Per Share

The amount of declared dividend for the year divided by the number of outstanding shares of the company's stock.

Common Stockholders

Individuals or entities that own shares of common stock in a company, granting them the right to vote at shareholder meetings and receive dividends.