Describe Three of the Basic Qualities of Successful Entrepreneurs

question 90

Essay

Describe three of the basic qualities of successful entrepreneurs. Give two specific examples of successful entrepreneurs who are currently making their mark.

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Definitions:

Parent-Country Culture

Entails the norms, practices, and business behaviors that are characteristic of the headquarters' country of a multinational corporation.

Relocation Costs

Expenses incurred when moving employees from one location to another for work purposes, which can include travel expenses, moving services, and temporary housing.

Union Density

The ratio of the number of union members to the number of potential members, indicating the strength of union representation.

Global Society

An interconnected society facilitated by the globalization process, where information, goods, and services move more freely across national boundaries.