Scenario A

question 8

Multiple Choice

Scenario A. Your roommate comes in after class to tell you, with great excitement, that she has decided to become an entrepreneur. Her reasons are these: First, she is a gambler so she believes this is a perfect match for her "personality." Second, she is an admitted "control freak". She is confident that all it takes is a good idea and that the money will surely follow. Finally, she made 650 on her SATs so her success, she feels, is a certainty.
-In lieu of high SAT or GMAT scores,which of the following is an important entrepreneurial characteristic?

• A)Creativity
• B)Motivation
• C)Self-reliance
• D)Ability to adapt
• E)All of the above

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Definitions:

Competence

refers to having the necessary ability, knowledge, or skill to perform a task effectively and efficiently.

Advanced Old Age

Advanced old age refers to a late stage in an individual's life, often characterized by increased dependency due to physical or cognitive decline.

Declarative Memory

Declarative memory is a type of long-term memory that involves the conscious recollection of factual information, experiences, and concepts, also known as explicit memory.

Episodic Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences.