Suresh Quits His Nine-To-Five Job at a Multinational Company and Starts

question 121

Multiple Choice

Suresh quits his nine-to-five job at a multinational company and starts his own event management company. In his new company, he does not practice a nine-to-five work regime. Instead, he organizes meetings with clients by making appointments that favor his schedule. Which of the following advantages of entrepreneurship is highlighted in the given scenario?

• A) Greater challenge
• B) Survival
• C) Greater financial success
• D) Flexibility

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Definitions:

Problem-Solving Competency

The ability to understand complex issues, identify their causes, and effectively develop, implement, and evaluate solutions.

Katz's Conceptual Skill

The ability to understand complex situations and conceive appropriate solutions, as defined by Katz within the context of managerial roles.

Knowledge In Mumford's Model

In Mumford's Model of leadership, knowledge refers to how leaders conceptualize and understand their environment, making informed decisions based on a broad and deep understanding of their context.

Mumford Et Al

Refers to the works of Mumford and colleagues, often in context to their contributions to the field of leadership, organizational behavior, or creativity research.