The owner of Elixir Force Inc.received the most prestigious corporate award and was also titled as "the most outstanding new entrepreneur of the year." In the context of people-based legitimacy,this is typically an indicator of:
A) brand equity.
B) public recognition.
C) business network membership.
D) experiential supports.

Question

Quizplus · Accepted Answer

The owner receiving a prestigious award and being dubbed as "the most outstanding new entrepreneur of the year" indicates public recognition. This is a form of people-based legitimacy, as it pertains to the perception and reputation of the individual within the wider public. It does not necessarily relate to brand equity, business network membership, or experiential supports.

The Owner of Elixir Force Inc