All of These Are Entrepreneurial Characteristics Except

question 87

Multiple Choice

All of these are entrepreneurial characteristics except:

• A) self-confidence.
• B) tolerance for ambiguity.
• C) external locus of control.
• D) high energy level.
• E) awareness of passing time.

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Definitions:

Technological Change

Technological Change refers to advancements and innovations in technology, which can significantly impact productivity, economic growth, and the way society operates.

Labor Supply Curve

A graphical representation that shows the relationship between the quantity of labor supplied and the wage rate.

Technological Progress

The advancement in technology which increases production efficiency and productivity.

Wage Rate

The amount of compensation an individual receives per unit of time for their labor.