Author Question: Describe the difference between strong-tie and weak-tie relationships. Is it more likely that an ... (Read 64 times)

Lobcity

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Describe the difference between strong-tie and weak-tie relationships. Is it more likely that an entrepreneur will get new ideas through strong-tie or weak-tie relationships?
 
  What will be an ideal response?

Question 2

To make the best impression, a business plan should follow a ________.
 
  A) conventional structure for companies with standard business models and a nonconventional structure for firms with disruptive business models
  B) conventional structure for manufacturing firms and a nonconventional structure for service firms
  C) conventional structure
  D) nonconventional structure
  E) nonconventional structure for manufacturing firms and a conventional structure for service firms



Kingjoffery

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Answer to Question 1

Strong-tie relationships are characterized by frequent interaction and form between coworkers, friends, and spouses. Weak-tie relationships are characterized by infrequent interaction and form between casual acquaintances. According to research in this area, it is more likely that an entrepreneur will get a new business idea through a weak-tie than a strong-tie relationship because strong-tie relationships, which typically form between like-minded individuals, tend to reinforce insights and ideas the individuals already have. Weak-tie relationships, on the other hand, which form between casual acquaintances, are not as apt to be between like-minded individuals, so one person may say something to another that sparks a completely new idea.

Answer to Question 2

B



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