Which of the Following Statements About Entrepreneurs Is Most Accurate

question 76

Multiple Choice

Which of the following statements about entrepreneurs is most accurate?

• A) They will prosper if they undertake projects that increase the value of the resources.
• B) They are people who extend loans to other business decision makers.
• C) They are managers who generally work for a salary because they are unwilling to take risks.
• D) They will prosper if they charge prices higher than their rivals.

---

Definitions:

Regret

A feeling of sadness, repentance, or disappointment over something that one has done or failed to do.

False Consensus Effect

The cognitive bias to overestimate how much others share one’s beliefs, attitudes, and behaviors.

Nonconformist

An individual who does not conform to conventional or mainstream rules or practices.

Illusion Of Control

The tendency for people to overestimate their ability to control events, leading to unrealistic expectations about the impact of their actions.