Which Is Not Part of Schumpeter's Definition Regarding the Ways

question 35

Multiple Choice

Which is not part of Schumpeter's definition regarding the ways that entrepreneurs find opportunities to create new businesses?

• A) Use a new technology to produce a new product
• B) Use an existing technology to produce a new product
• C) Use an existing technology to produce an old product in a new way
• D) Find a new source of resources
• E) Find a new market for a new product

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Definitions:

Ingratiation

A psychological technique where an individual attempts to make themselves more likable to another, often by flattery or trying to please them.

Inspirational Appeal

The ability to inspire and motivate others through communication that arouses enthusiasm or incites action.

Rational Persuasion

A method of influencing others through the use of logical arguments and factual evidence.

Pressure Tactic

A strategic method used to influence or persuade others by applying stress or discomfort, often seen in negotiations or conflict situations.