Which of the Following Is Not Cited as an Entrepreneurial

question 90

Multiple Choice

Which of the following is not cited as an entrepreneurial mistake?

• A) Failing to look forward to the future
• B) Failing to understand the commitment and hard work required
• C) Recognizing that the general public is always right
• D) Estimating cash flow and capital requirements inaccurately

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Definitions:

Schemes

In Piaget’s theory, actions or mental representations that organize knowledge.

Cognitions

refer to the mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.

Mental Representations

The internal images, ideas, concepts, or symbols that are used to understand the world, solve problems, and navigate one's environment.

Organizations

Structured groups of people with common goals, rules, and roles, established to coordinate their activities and efforts.