A. oligopolistic capitalism
B. resource management
C. innovation
D. land and labor
Correct Answer: innovation ✔
Last Updated: June 11, 2019
Related MCQs
- Which of the following is TRUE about gender and business world ?
- According to Weber’s thesis ?
- The Protestant Ethic and the Spirit of Capitalism was written by ?
- The entrepreneur can be viewed as the ?
- Which of the following is an example of a Schumpeterian innovation ?
- Which of the following was a socialist country ?
- Monopoly advantage is usually the result of greater opportunities such as ?
- Capitalism is an economies system ?
- According to William Baumol under oligopolistic competition among large, high tech business firms. innovation has ?
- Technical advance involves ?
- Which of the following is not an assumption of Schumpeter’s stationary state ?