Which of the Following Is NOT Considered to Be a Distinctive

question 48

Multiple Choice

Which of the following is NOT considered to be a distinctive competency for small business?

• A) Ability to move quickly to seize new opportunities
• B) Ability to achieve economies of scale
• C) Ability to identify new niches in established markets
• D) Ability to identify new markets
• E) Ability to exploit a first-mover advantage

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Definitions:

Strong Situations

Situations where cues for socially expected or appropriate behavior are very clear, reducing individual differences in responses.

Sociometer Theory

Sociometer theory is a psychological mechanism proposed to measure an individual's level of social acceptance or rejection, impacting self-esteem.

Reflected Appraisal

A process by which individuals form perceptions of themselves based on how they believe others view them.

Self-esteem

Refers to a person’s overall sense of self-worth or personal value.