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Rather Than Create a Fear of Failure, the Manager Acknowledges

question 72

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Rather than create a fear of failure, the manager acknowledges that mistakes are part of the learning and growth experience.

Differentiate between entrepreneurs and small business managers/owners.
Recognize the risks associated with entrepreneurship and strategies for managing them.
Understand the concept and significance of the harvest stage in a business’s lifecycle.
Analyze the importance of personality characteristics and commitment in successful entrepreneurship.

Definitions:

Evaluate

To determine the value of an expression by computing its numerical value.

Calculate

Perform mathematical operations to find a numerical answer.

Solve

Refers to finding the answer or explanation for a problem or equation.

Evaluate

The process of calculating the value of an expression.

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