In the Book the Theory of Economic Development, ________ Argued

question 12

Multiple Choice

In the book The Theory of Economic Development, ________ argued that entrepreneurs develop new products and technologies that, over time, make current products and technologies obsolete. This process is called creative destruction.

• A) Malcolm Gladwell
• B) Seth Godin
• C) Joseph Schumpeter
• D) Thomas Friedman
• E) Jim Collins

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Definitions:

Client

A person or organization receiving services or advice from a professional or company.

Liability for Negligence

The legal responsibility for harm caused by failing to act as a reasonable person would under similar circumstances.

Third Party Beneficiaries

Individuals or entities who are not parties to a contract but stand to benefit from its execution or its terms.

Accountant

A professional who performs accounting functions such as audits or financial statement analysis.