ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
To give up an idea, need or want so that the group can come to a solution.
A
goal
B
compromise
C
procedure
D
teamwork
Explanation: 

Detailed explanation-1: -For example, you offer to pay $30, 000 for a new car, but the salesman wants $32, 000. The salesman offers to throw in a premium sound system with a value of $1500 and charge you $31, 500. If you value the sound system, this might be a good deal, but if you don’t, it won’t help to seal the deal.

Detailed explanation-2: -When two people make a compromise, they essentially agree to meet in the middle. For example, Ann and David agree to go on a date. Ann wants to see a movie, but David would rather go to the beach. In the end, they agree to go out to dinner instead.

There is 1 question to complete.