How Does Conventional Entrepreneurship Differ from Sustainable Entrepreneurship

question 28

Multiple Choice

How does conventional entrepreneurship differ from sustainable entrepreneurship?

• A)Conventional entrepreneurs eliminate needs or demand for their products or services,whereas sustainable entrepreneurs often seek to create needs or demand for their products.
• B)Conventional entrepreneurs use a business plan to convince stakeholders to support the organization,whereas sustainable entrepreneurs use stakeholders to write a convincing plan.
• C)The goal of conventional entrepreneurship is to maximize multiple forms of well-being,whereas sustainable entrepreneurship focuses on maximizing financial wealth.
• D)Conventional entrepreneurs explore ways to improve employment opportunities for the marginalized of society,whereas sustainable entrepreneurs look for opportunities where they can outperform existing competitors.

Comprehend the characteristics, currency integration, and economic comparisons of the European Union (EU) to other major economies like the United States.

Grasp the concepts of GDP components and the significance of net exports.

Recognize the role and criticisms of international institutions such as the IMF and the World Bank.

Understand the dynamics and economic implications of off-shoring and global trade balance.

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Definitions:

Phobia

A phobia is an intense, irrational fear of specific objects, scenarios, or activities, leading to avoidance behavior and significant distress.

Heights

Elevated places or positions above a reference point, often associated with a fear or phobia when extreme.

Monkeys

Primates characterized by a tail, varied levels of social interaction, and often used in scientific research.

Post-Traumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.