INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Socio-economic
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Relevance
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Social Change
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Organizational culture
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Detailed explanation-1: -Social change refers to any significant alteration over time in behavior patterns, cultural values, and norms. Social change can be slow or rapid; emergent (through the unfolding of daily life and small cumulative changes), transformative (through crisis) or projectable (planned).
Detailed explanation-2: -Social change refers to the transformation of culture, behavior, social institutions, and social structure over time.
Detailed explanation-3: -Biological factors or demographic factors. Social movement and social revolution. Physical or environmental factors. Psychological factors.
Detailed explanation-4: -The three traditional ideas of social change-decline, cyclic change, and progress-have unquestionably influenced modern theories. Yet because these theories are not scientifically determined, they fail to make an explicit distinction between decline and progress.
Detailed explanation-5: -Social change is generally understood as the process of occurrence of significant alterations in the organisation and/or structure and functions of social life. Social transformation is considered as a form of social change that occurs in a radical and abrupt manner.