Stacey Wills, Who Is at Heart a Craftsperson, Recently Started

question 33

Multiple Choice

Stacey Wills, who is at heart a craftsperson, recently started a firm to manufacturer a new innovative food blender. Stacey's desire is to sell her food blender to as many people as possible, because she firmly believes in the merits of her product. Stacey's story best illustrates which of the following characteristics, or attributes, of a successful entrepreneur?

• A) product/customer focus
• B) execution intelligence
• C) tenacity despite failure
• D) a desire to please consumers
• E) a desire to gain financial rewards

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Definitions:

Bidding Contest

A competitive process in which individuals or entities submit offers to win the rights to acquire goods, services, or assets.

Governmental Agency

An organization at the local, state, or national level that provides a specific service or performs a regulatory function on behalf of the government.

Policy Innovation

The creation or adoption of new policies which aim to address existing challenges in more effective or efficient ways.

Ambitious Changes

Significant alterations or reforms aimed at achieving substantial improvements or advancements.