Which of the Following Statements Demystifies the Myth That Entrepreneurs

question 17

Multiple Choice

Which of the following statements demystifies the myth that entrepreneurs are gamblers?

• A) Entrepreneurs consider an idea and an opportunity as the same.
• B) Successful entrepreneurs try to influence the odds,often by getting others to share the risk.
• C) Successful entrepreneurs are completely independent and their own bosses.
• D) Entrepreneurs are driven by instant gratification through high salaries and perks.

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Definitions:

Reciprocal Concessions

A negotiation strategy where each party makes compromises to reach an agreement, often strengthening the relationship through mutual sacrifice.

That's-not-all Technique

A sales strategy where additional items or discounts are offered to make a deal look more appealing without giving the buyer time to refuse the initial offer.

Disrupt-then-reframe Technique

A persuasion strategy that involves presenting an unexpected element (disruption) followed by a rational argument (reframe) to persuade someone.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.