Which of the Following Scenarios Demonstrates an Entrepreneur Who Has

question 115

Multiple Choice

Which of the following scenarios demonstrates an entrepreneur who has a tolerance for ambiguity?

• A) Jean's decision to modify a pre-existing problem-tackling strategy in his private firm
• B) Roger's decision to hire an experienced manager to head his new branch in another state
• C) Karl's decision to expand his private firm overseas despite the risk of facing cultural differences
• D) Sasha's decision to quit her job to enter into a partnership with a well-recognized firm
• E) Giselle's decision to join her family's well-established business

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Definitions:

Employee Bonus Program

A compensation strategy that provides additional pay to employees based on performance, company profitability, or meeting set goals.

Transformational Leadership

A leadership style that inspires and motivates followers to exceed expectations, through the leader's vision and ability to encourage significant change.

Situational Leadership

A leadership style that proposes the best actions of a leader depend on the situation at hand.

Transformational Leadership

A style of leadership where the leader works with teams to identify needed change, creating a vision to guide the change through inspiration and executing the change in tandem with committed members of the group.