ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Educational training taught in business schools
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luck or fate
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Their own attitude, skills and abilities
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None of the above
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Detailed explanation-1: -4. Entrepreneurs believe the success or failure of a new venture depends primarily on: a) luck or fate; b) the support and approval of others; c) their own strengths and abilities. 5.
Detailed explanation-2: -Successful entrepreneurs believe in themselves. They do not believe that the success or failure or their venture will be governed by fate, luck or similar forces. They believe that their accomplishments and setbacks are within their own control and influence and that they can affect the outcome of their actions.
Detailed explanation-3: -PASSION. Entrepreneurs should be passionate about their ideas, goals and, of course, their companies. BRAVERY. Entrepreneurs, like everyone else, feel fear. FLEXIBILITY. Entrepreneurs experience setbacks. STRONG WORK ETHIC. INTEGRITY.
Detailed explanation-4: -Sacrifice – Are you willing to sacrifice short term to benefit in the long term? Experience – Do you have some business or related experience? Leadership – Do you like being the leader? Organization – Are you organized? Optimism – Are you optimistic?