All of the Following Are Characteristics of a Typical Entrepreneurial

question 105

Multiple Choice

All of the following are characteristics of a typical entrepreneurial start-up except:

• A)the start-up focuses on new opportunities.
• B)its owners are willing to take risks.
• C)it creates innovative products and/or practices.
• D)it focus on growth rather than profits.

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Definitions:

Professionalization

The process of developing or transforming a profession by establishing standardized criteria for qualification, professionalism, and ethics.

Youth Culture

A way of life, traditions, and customs developed by young people, distinguishing them from other demographic groups.

Sorting

The process of categorizing objects or people based on specific criteria or characteristics.

Transmitting Culture

The process of passing cultural beliefs, values, and customs from one generation to another.