Tracking ________ Patterns Can Enable Entrepreneurs to Adjust Their Strategies

question 54

Multiple Choice

Tracking ________ patterns can enable entrepreneurs to adjust their strategies accordingly to better position them to take advantage of the opportunities these trends may create.

• A)population
• B)demographic
• C)weather
• D)traffic

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Definitions:

Uncertainty Avoidance

A cultural dimension that describes societies or individuals who attempt to mitigate the unpredictability of future events through established norms and procedures.

Power Distant Leader

A leader who maintains a significant gap between themselves and their followers in terms of authority and control.

Crowdsourcing

The use of collective intelligence gathered from the public for accomplishing tasks, often by the use of social media.

In-house

Pertaining to activities or operations performed within an organization rather than outsourced.