Capital-Constrained Entrepreneurs Cannot Afford to Do Much Prior Analysis and Research

question 95

Multiple Choice

Capital-constrained entrepreneurs cannot afford to do much prior analysis and research because

• A) the affordability of properly conducted research is beyond the means at their disposal.
• B) the costs of any mistakes are lower than the risks of missing out on opportunistic actions.
• C) the limited profit potential and high uncertainty of the opportunity they usually pursue may make the benefits low compared to the costs.
• D) potential competitors could quickly discern the entrepreneurs' intentions and motives from their research.

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character, which can influence their preferences and behaviors.

Consistent Behaviors

Actions that are uniform and regular in nature, demonstrating reliability and predictability in a person or system.

Ideal Self

The perfect version of oneself that an individual aspires to be, shaped by personal aspirations, goals, and societal influences.

Meaningful Ideal Self

A person's aspirational image of themselves that aligns with their values and aspirations, often influencing consumer behavior and self-perception.