ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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want to make their own decisions
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do not always know what they want
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like to have someone else make decisions
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do not need to set goals
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Detailed explanation-1: -Successful entrepreneurs are driven, ambitious and willing to take risks others won’t. Being an entrepreneur takes dedication, hard work and thick skin, and it often requires being ready for anything: Expect the best, but be prepared for the worst.
Detailed explanation-2: -Entrepreneurs are considered serial decision makers because they make lots of decisions every day and are generally wired to be risk takers and aren’t afraid of learning from their mistakes. Decision-making usually comes easier to entrepreneurs and high “D” personalities versus people who tend to be more risk averse.
Detailed explanation-3: -Entrepreneurs want to make their own decisions. They set their own schedules and are able to work without supervision. Entrepreneurs believe in themselves. Entrepreneurs look for challenging opportunities.
Detailed explanation-4: -Whether to act on their idea. Whether to give up or persist in the face of failure. Which experts to consult. What the core values of their company will be. Whether to seek external investment or not. Their ideal customer. How they’ll price their products. More items •19-Jul-2021