Entrepreneurs Find It Difficult to Delegate the Simplest of Tasks

question 41

Multiple Choice

Entrepreneurs find it difficult to delegate the simplest of tasks because they _____

• A) Fear of losing control
• B) Lack the patience to explain what they need to get done
• C) Think that only they can do the task
• D) All of the above

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Definitions:

Competitive Bidding

A procurement process where multiple providers submit bids to win a contract, primarily based on price and quality.

Price Negotiations

The process of discussing and agreeing upon the prices of goods or services between sellers and buyers.

Personal Selling Process

A direct, one-on-one communication whereby a salesperson persuades a prospective buyer to purchase a product.

Prospecting

The search for potential customers or clients for a business's products or services.