Podcast
Questions and Answers
What is the term used to describe ventures that seek growth, think strategically, and use innovation?
What is the term used to describe ventures that seek growth, think strategically, and use innovation?
- Micro-enterprises
- Small businesses
- Service industry
- Entrepreneurial organizations (correct)
According to Pine and Gilmore (1998), what type of economy follows the goods-based industrial economy?
According to Pine and Gilmore (1998), what type of economy follows the goods-based industrial economy?
- Experience economy (correct)
- Information economy
- Attention economy
- Digital economy
What does Simon (1971) suggest information consumes in an information-rich world?
What does Simon (1971) suggest information consumes in an information-rich world?
- Resources
- Attention (correct)
- Time
- Money
Which term refers to the scarcity created by a wealth of information in an information-rich environment?
Which term refers to the scarcity created by a wealth of information in an information-rich environment?
What happens when organizations do not exhibit entrepreneurial attributes according to Wickham (2006)?
What happens when organizations do not exhibit entrepreneurial attributes according to Wickham (2006)?
How did Gregory (1967) define creativity?
How did Gregory (1967) define creativity?
What characterizes strong adaptors in Kirton's Adaptors and Innovators theory?
What characterizes strong adaptors in Kirton's Adaptors and Innovators theory?
In Kirton's theory, what describes strong innovators?
In Kirton's theory, what describes strong innovators?
What is a potential downside of strong adaptors according to the text?
What is a potential downside of strong adaptors according to the text?
How do strong innovators approach decision-making according to the text?
How do strong innovators approach decision-making according to the text?
Which group may appear more reliable due to their approach but might take longer to arrive at decisions?
Which group may appear more reliable due to their approach but might take longer to arrive at decisions?
What distinguishes strong innovators from strong adaptors in decision-making?
What distinguishes strong innovators from strong adaptors in decision-making?
What makes strong adaptors reluctant to take risks according to the text?
What makes strong adaptors reluctant to take risks according to the text?
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