ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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proactive self-reliance
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possibility perspective
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persuasive clarity
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insightful intuition
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optimistic confidence
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Detailed explanation-1: -A proactive self-reliance, the predisposition to take ownership of an opportunity without formal responsibility or explicit instructions, overcoming obstacles and independently achieving results.
Detailed explanation-2: -According to Stevenson, entrepreneurship is the pursuit of opportunity beyond resources controlled. “Pursuit” implies a singular, relentless focus. Entrepreneurs often perceive a short window of opportunity.
Detailed explanation-3: -An entrepreneur is an individual who starts and runs a business with limited resources and planning, and is responsible for all the risks and rewards of their business venture. The business idea usually encompasses a new product or service rather than an existing business model.
Detailed explanation-4: -An entrepreneur is someone who perceives an opportunity and creates an organization to pursue it.