Mercantilism is economic theory

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True or False

1. Mercantilism is an economic theory that advocates pure socialism and is opposed to capitalism.

2. Symbols and traditions set the culture, as for example at MSU, the library tower or the school mascot of a bulldog.

3. Workplace spirituality seeks to include and inspire core values such as respect, understanding, flexibility and integrity.

4. Entrepreneurs have a strong tolerance for ambiguity or an uncertain business area.

5. Many great business leaders are entrepreneurs and began out of necessity-based entrepreneurship. An example would be Jeff Bezos of Amazon who began his business out of his garage.

Reference no: EM132202255

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