Schumpeter's Process of "Creative Destruction" Suggests That

Multiple Choice

Schumpeter's process of "creative destruction" suggests that:

A) Hindu ideas of rebirth can easily be applied to business strategy and economics
B) Cooperation is more common in business than competition
C) Competitors' behavior determines an industry's structure rather than structure determining the competition
D) Competition is a good thing in the mature and declining stages of a product's life