Which of the Following Statements About an Entrepreneur Is False

question 177

Multiple Choice

Which of the following statements about an entrepreneur is false?

• A)Organises the other factors of production into a working unit.
• B)Develops the vision for the firm and funds the producing unit.
• C)Sells his entrepreneurial services in the output market.
• D)Risks the personal funds provided.

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Definitions:

Ego Integrity

A term from Erikson's theory of psychosocial development describing a late-life stage where individuals achieve a sense of acceptance of their own life, leading to feelings of fulfillment and wisdom.

Reminiscence

The act of recalling and sharing memories from the past.

Life Review

A process often undertaken in older adulthood, where individuals reflect on their lives, interpreting and reinterpreting their experiences and decisions.

Continuity Theory

The perspective that older adults strive to maintain continuity and consistency in self across the past and into the future; successful elders retain a sense that they are the same person they have always been despite physical, cognitive, emotional, and social changes.