How Do Sustainable Entrepreneurs Differ from Conventional Entrepreneurs

question 89

Multiple Choice

How do sustainable entrepreneurs differ from conventional entrepreneurs?

• A)Sustainable entrepreneurs look for places where they can outperform existing competitors,whereas conventional entrepreneurs explore ways to improve employment opportunities for the marginalized of society.
• B)Sustainable entrepreneurs look at meeting needs that enhance a variety of forms of well-being,whereas conventional entrepreneurs focus on identifying needs that can provide financial payoffs.
• C)Sustainable entrepreneurs look for opportunities to invest resources that will yield a higher financial return than they currently get,whereas conventional entrepreneurs seek to invent new ways of taking care of the environment.
• D)Sustainable entrepreneurs often seek to create needs or demand for their products or services,whereas conventional entrepreneurs seek to eliminate needs or demand for their products or services.

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Definitions:

Leadership Style

Pertains to the manner in which a leader provides direction, implements plans, and motivates people, ranging from autocratic to democratic to laissez-faire styles.

Business Finance

The management of funds and other financial resources in a way that supports the organization's goals and operations.

SLII

Stands for Situational Leadership II, a leadership model that proposes the need to adjust the leadership style based on the maturity and competency level of the followers.

Skills

The abilities and expertise one acquires through practice and education to perform a particular task or job effectively.