ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Conger observed that entrepreneurs’ strong belief in their own ideas can result in a vision that may not always be appropriate and may, at the extreme, result in a failed vision. The following are reasons for failure except
A
that the vision reflects incorrect assumptions by the leader,
B
an inability to detect important changes in markets or technologies,
C
able to recognize environmental changes requiring redirection of the proposed vision.
D
a failure to obtain the necessary resources to deliver the vision,
Explanation: 

Detailed explanation-1: -Need for achievement. Internal locus of control (a belief by an individual that they are in control of their own destiny) Risk-taking propensity.

Detailed explanation-2: -Scalable startup entrepreneurship This kind of entrepreneurship is when entrepreneurs believe that their company can change the world. They often receive funding from venture capitalists and hire specialized employees.

Detailed explanation-3: -Risk-taking shows a team that the entrepreneur is a true business visionary and leader who believes in the potential reward on the other side. Risk-taking enables and encourages innovation, which can be an important product/service differentiator.

Detailed explanation-4: -Vision. Visionaries are people who are able to create new trends or maximize existing trends in the marketplace. Optimistic. Responsible. Risk Taker. Able to Prioritize. Motivational and Inspiring. Structured and Consistent. Values Focused. More items

There is 1 question to complete.