According to the Textbook, Two of the Most Important Factors

question 13

Multiple Choice

According to the textbook, two of the most important factors to consider regarding "management prowess" are ________.

• A) the passion the sole entrepreneur or the management team has for the business idea and the extent to which the management team or sole entrepreneur understands the markets in which the firm will participate
• B) whether the members of the management team have worked successfully together before and the passion the sole entrepreneur or the management team has for the business idea
• C) whether the members of the management team are good "networkers" and the extent to which the management team or sole entrepreneur understands the markets in which the firm will participate
• D) the educational and functional backgrounds of the management team or sole entrepreneur
• E) whether the members of the management team are good "networkers" and the passion the sole entrepreneur or the management team has for the business idea

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Definitions:

Worldview

A person's or society's comprehensive perspective on the world and their place within it, encompassing beliefs, values, and attitudes towards nature, life, and the universe.

Obligations

Duties or commitments that one is bound to by law, promise, or moral responsibility.

Nonhuman Life

Refers to all living organisms that are not humans, including animals, plants, fungi, and microorganisms.

Inherent Value

The intrinsic worth of something, recognized as valuable in and of itself, not solely for its utility to humans.