type of characteristics that the entrepreneur is not affected by competition

CHARACTERISTICS OF AN ENTREPRENEUR

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

type of characteristics that the entrepreneur is not affected by ‘competition’

A	commitment
B	risk-taking
C	persistence
D	opportunity seeking

Explanation:

Detailed explanation-1: -Which of the following is NOT considered a risk of being an entrepreneur? Providing value to others is considered a benefit of being an entrepreneur, not something you have to risk.

Detailed explanation-2: -Entrepreneurs are comfortable with uncertainty. Risk aversion is a predictor of whether an individual will become an entrepreneur (low-risk aversion) or stay an employee (high-risk aversion.) Entrepreneurs take risks because they’re necessary to start and grow a business.

Detailed explanation-3: -Financial Risk. Every entrepreneurial venture requires funds to transform an idea into reality. Strategic Risk. Technology Risk. Market Risk. Compliance Risk. Reputational Risk. Operational Risk. Competitive Risk. 11-Oct-2021

There is 1 question to complete.

ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR