INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Since it involves psychological counseling.
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Since it involves confrontation.
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Since it advocates change of lifestyle.
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Since it takes a long time to recover from grief.
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Detailed explanation-1: -Restoration orientation is a coping strategy that focuses on emotional recovery. Loss orientation is a coping strategy that focuses on event resolution.
Detailed explanation-2: -• Loss-Orientation. • Involves working through, and processing, some aspect of the loss experience and, as a result of this process, breaking emotional bonds to the object lost.
Detailed explanation-3: -An entrepreneur with loss-orientation would talk about the business-failure with a close friend or relative. An entrepreneur’s recovery from grief is detrimental to society.
Detailed explanation-4: -Having an entrepreneurial orientation towards the control of resources means. that one focuses on accessing others’ resources. 2. Entrepreneurially managed firm structure is usually flat with multiple informal networks.