What Statement Generally Sums Up the Importance of Passion in Your

question 59

Multiple Choice

What statement generally sums up the importance of passion in your founding team?

• A)Passion and skills will compensate for experience.
• B)Passion needs to play a secondary role to experience.
• C)Passion can interfere with rational judgment.
• D)Enthusiasm cannot help reduce the risk of starting a business.

Understand the importance and elements of business strategies in organizational management.

Recognize the characteristics and business implications of multinational corporations.

Identify the impacts of globalization on operations strategy.

Comprehend the relationship between operations management strategies and global environmental responses.

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Definitions:

External Attribution

The process of attributing the cause of one's own or others' behaviors to external factors or situational influences.

Self-Presentational Motivation

The drive to control the impressions others have of us; motives underlying our desire to present ourselves in a certain way to others.

Social Self-Efficacy

A person's confidence in their ability to engage in and succeed at social interactions and relationships.

Negative Outcome Expectancies

The belief or anticipation that the consequences of undertaking a certain behavior or action will be adverse.