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Distinguish Between a Small Business and an Entrepreneurial Venture

question 37

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Distinguish between a small business and an entrepreneurial venture.


Definitions:

Personalities

Unique sets of characteristics, traits, and behavioral patterns that define how individuals perceive, relate to, and interact with others and the environment.

Low Self-efficacy

A person's belief in their incapacity to achieve goals or perform tasks effectively, which can hinder performance.

Positive Affect

An individual’s tendency to accentuate the positive aspects of herself or himself, other people, and the world in general.

Proactivity

The action of taking initiative, anticipating potential issues, and implementing solutions before problems arise.

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