Economic Forces Impact the Opportunities Available to Entrepreneurs

question 53

Multiple Choice

Economic forces impact the opportunities available to entrepreneurs. Which of the following alternatives reflects a set of economic forces that would be of interest to entrepreneurs?

• A) level of disposable income, new uses of old technologies, and new laws and regulations
• B) new technologies, consumer spending patterns, and new laws
• C) level of disposable income, consumer spending patterns, and level of interest rates
• D) social and cultural trends, level of interest rates, and what people think is "in"
• E) new changes in political areas, new laws, and level of disposable income

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Definitions:

Turbulence

A state of confusion, disorder, or unrest often used metaphorically to describe instability in organizational or environmental contexts.

Transformational Leadership

Leadership approach that causes change in individuals and social systems, enhancing motivation, morale, and performance.

Inspirational Promotion

Marketing efforts designed to motivate or inspire the target audience towards a desired action by appealing to emotions or ideals.

Fundamental Aspirations

The basic goals, desires, or ambitions that drive an individual's or organization's actions and decisions.