In the Context of Entrepreneurial Orientation, the Presence of ________

question 46

Multiple Choice

In the context of entrepreneurial orientation, the presence of ________ often leads young people to be pioneers in an area, as they are not limited by the restrictions of the past.

• A)family support
• B)introversion
• C)organizational slack
• D)bounded rationality

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Definitions:

Entrepreneur

An individual who starts and operates a business venture, assuming the risk for the sake of the profit.

Risk

The possibility of suffering harm or loss; uncertainties affecting the outcome of investment decisions.

Start-Up Process

The series of steps entrepreneurs follow to establish a new business, including idea generation, market research, and securing financing.

Harvest

The stage when the owner removes him or herself from the business. Harvesting a business can be thought of as picking the fruit after years of labor.