Entrepreneurs Must Quickly React to Any Business Opportunities They Identify

question 61

True/False

Entrepreneurs must quickly react to any business opportunities they identify to maximize their gains.

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Definitions:

Authoritativeness

The quality of being authoritative; having the recognized power, accuracy, or legitimacy to make decisions or direct others.

Leadership Traits

Inherent characteristics or qualities that are thought to be beneficial for effective leadership, such as integrity, confidence, and intelligence.

Initiative

The ability to assess and initiate things independently, often leading to new ideas or actions without being directed by others.

Leadership Labyrinth

A metaphor for the complex challenges and barriers that leaders, especially women, face in rising to top positions in organizations.