Which of the Following Has Increased the Need for More

question 26

Multiple Choice

Which of the following has increased the need for more effective decision making?

• A) The increased use of individual decision making.
• B) The change from flatter to more hierarchical organizational structures.
• C) The increased speed of technology and information.
• D) The scarcity of readily available information.

Understand the motivations and drivers behind entrepreneurship.

Differentiate between various types of entrepreneurs.

Recognize the roles and responsibilities of entrepreneurs in running a business.

Identify personality traits and skills critical for entrepreneurial success.

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Definitions:

Scalable Models

Business strategies or systems that can easily adapt or expand to accommodate growth without compromising performance or quality.

Social Entrepreneurship

Social entrepreneurship involves starting companies or initiatives that aim to solve social problems or address community needs through innovative solutions, prioritizing social impact alongside or above profit.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Hybrid Models

Approaches that combine elements from different methodologies, theories, or systems, often used in business strategies, computational simulations, or vehicle technology to optimize performance.