Networking Is a Form of Influence That Tends to Increase

question 12

True/False

Networking is a form of influence that tends to increase the individual's expert and referent power.

Distinguish between different forms of value and their implications for society and business.

Grasp the criteria that differentiate inventions from innovations and their market impact.

Recognize the importance of creativity and mental flexibility in generating and refining ideas.

Identify the characteristics, process, and significance of opportunity recognition in entrepreneurship.

---

Definitions:

Escalating Commitment

The phenomenon where people increase their investment or involvement in a decision or action despite facing negative feedback or outcomes.

Confirmation Error

A cognitive bias that involves focusing on information or evidence that confirms pre-existing beliefs or hypotheses, while ignoring contradictory data.

Strategic Opportunism

The practice of seizing strategic opportunities in a timely and efficient manner, often with flexibility and readiness to adapt.

Three-component Model

A framework in psychology, specifically in attitude analysis, which consists of cognitive, affective, and behavioral components.