ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ENTREPRENEURIAL GUTS FRAME
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ENTREPRENEURIAL HEART FRAME
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ENTREPRENEURIAL MIND FRAME
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None of the above
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Detailed explanation-1: -This refers to the ability of the entrepreneur to sense without using the five senses. This is also known as intuition. Somehow, the entrepreneur just knows whether something will work or not without necessitating logical, systematic, and sequential thinking.
Detailed explanation-2: -Courage can help an individual face the risk and take the leap to make the dream a reality. A courageous entrepreneur will determine the level of risk associated with the goals for the business and possible outcomes.
Detailed explanation-3: -Curiosity, Connections, Creating Value The entrepreneurial mindset consists of three key elements: Curiosity, Connections, and Creating Value-the 3C’s. This emergent understanding came from years of work with KEEN faculty, students, and industry.
Detailed explanation-4: -In any mindset, there are five dimensions: self-efficacy, locus of control, beliefs about our capabilities, motivation, and level of resilience. When we strive toward a compelling goal using entrepreneurial thinking, it shapes these five dimensions in the following ways.