Mildred isnt sure where to turn. All the plans for launching the new business are set-angel investors have provided the $30, 000 Mildred needed to purchase the computer equipment necessary to launch a new online business that matches people who refurbish antique cars with both parts suppliers and potential purchasers. The mobile site is ready to go. The bank has promised to process all transactions for a 1% fee plus $2 per transaction. But Mildred doesnt know what type of insurance the new business will need. For example, will the business be liable if a supplier takes money and fails to deliver? Mildred contacts each angel investor to see if anyone knows a lawyer or an insurance agent who might help. The angel investors respond with three recommendations. Mildred calls each one and leaves a message requesting help. The type of entrepreneurial behavior that Mildred has been exhibiting can best be described as:

TYPES OF ENTREPRENEURSHIP

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

Mildred isn’t sure where to turn. All the plans for launching the new business are set-angel investors have provided the $30, 000 Mildred needed to purchase the computer equipment necessary to launch a new online business that matches people who refurbish antique cars with both parts suppliers and potential purchasers. The mobile site is ready to go. The bank has promised to process all transactions for a 1% fee plus $2 per transaction. But Mildred doesn’t know what type of insurance the new business will need. For example, will the business be liable if a supplier takes money and fails to deliver? Mildred contacts each angel investor to see if anyone knows a lawyer or an insurance agent who might help. The angel investors respond with three recommendations. Mildred calls each one and leaves a message requesting help. The type of entrepreneurial behavior that Mildred has been exhibiting can best be described as:

A	comfort engaging with strangers
B	computer literacy
C	financial literacy
D	finding a mentor

Explanation:

Detailed explanation-1: -Why did you decide to start your own business? What advice would you give to someone just starting their own business? How do you deal with fear and doubt? What routines do you follow each day? Where do you see your business in five years? More items •04-Apr-2023

Detailed explanation-2: -Strong leadership qualities. Leaders are born, not made. Highly self-motivated. Strong sense of basic ethics and integrity. Willingness to fail. Serial innovators. Know what you don’t know. Competitive spirit. Understand the value of a strong peer network.

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INTRODUCTION TO ENTREPRENEURSHIP

TYPES OF ENTREPRENEURSHIP