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Author Question: In the book The Theory of Economic Development, ________ argued that entrepreneurs develop new ... (Read 65 times)

vicky

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  • Posts: 586
on: Jul 6, 2018
In the book The Theory of Economic Development, ________ argued that entrepreneurs develop new products and technologies that, over time, make current products and technologies obsolete. This process is called creative destruction.
 
  A) Malcolm Gladwell
  B) Seth Godin
  C) Joseph Schumpeter
  D) Thomas Friedman
  E) Jim Collins

Question 2

The fact that companies often falter because the people who start the firms can't adjust quickly enough to their new roles and because the firm lacks a track record with outside buyers and sellers, is referred to as the ________.
 
  A) liability of preparedness
  B) liability of newness
  C) burden of novelty
  D) burden of freshness
  E) millstone of innovation


lkoler

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  • Posts: 358
Reply #1 on: Jul 6, 2018
Answer to Question 1

C

Answer to Question 2

B


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