Which Statement BEST Describes Why a Successful Entrepreneur Needs to Be

question 42

Multiple Choice

Which statement BEST describes why a successful entrepreneur needs to be flexible?

• A) Starting a new business often leads to envy in the wider business community.
• B) People with whom entrepreneurs work are often opinionated and rigid.
• C) Entrepreneurial ventures involve risky situations and unexpected events.
• D) Initial business revenues tend to be low and may remain low for several years.
• E) Many new businesses suffer from a lack of organization.

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Definitions:

Participative

Involving or emphasizing the involvement and participation of all members of a group or organization in decision-making and problem-solving processes.

Gender Egalitarianism

The belief in and promotion of equal rights, responsibilities, and opportunities for people of all genders.

Cultural Dimension

An aspect of culture that can be measured and compared across different societies, impacting values and behavior.

Future Orientation

The extent to which an individual or organization focuses on and prepares for future events, opportunities, and potential challenges.