Which of the Following Is an Important Reason Why Entrepreneurs

question 39

Multiple Choice

Which of the following is an important reason why entrepreneurs start their own firms?

• A) Entrepreneurs are lone wolves and cannot work with others.
• B) Entrepreneurs want the whole show to themselves.
• C) Entrepreneurs seek long-term security and stability.
• D) Entrepreneurs are interested in the challenge and the potential for satisfaction.
• E) Entrepreneurs seek power and control over others.

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Definitions:

Prospect

A potential customer or client who has been identified as someone who could be interested in a company's product or service.

Order Takers

Employees or systems in a business that are responsible for accepting and processing customers' orders without engaging in proactive selling or upselling techniques.

Order Getters

Salespeople whose primary responsibilities include generating and taking customer orders, often relying on their persuasive skills and product knowledge.

Personal Selling Process

A direct method of selling in which a salesperson personally approaches potential buyers to present products or services with the aim of making a sale.