Contributions of Small Businesses in the United States
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Questions and Answers

What is a central characteristic of entrepreneurs according to the text?

  • Tolerance for ambiguity
  • Diversity (correct)
  • High degree of commitment
  • Flexibility
  • Which of the following best describes innovation based on the text?

  • Developing new ideas and discovering new ways of looking at problems
  • Taking time to play
  • Applying creative solutions to enhance or enrich people's lives (correct)
  • Focusing on existing resources
  • What is a skill that is learned according to the text?

  • Entrepreneurship (correct)
  • Creativity
  • Tenacity
  • Innovation
  • How can an entrepreneur spot opportunities by putting a new twist on an old idea?

    <p>Taking a different approach to an existing market</p> Signup and view all the answers

    What is the ability to develop new ideas and discover new ways of looking at problems defined as?

    <p>Creativity</p> Signup and view all the answers

    Which characteristic is NOT mentioned as being associated with entrepreneurs in the text?

    <p>National origin</p> Signup and view all the answers

    What should an entrepreneur realize when looking for creative ways to use existing resources?

    <p>'Others have the same problem that you do'</p> Signup and view all the answers

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