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Questions and Answers
What is the importance of setting specific goals for entrepreneurs?
What is the importance of setting specific goals for entrepreneurs?
- To discourage entrepreneurs from setting goals
- To make goals vague and unattainable
- To decrease motivation for pursuing goals
- To increase the chances of goal achievement (correct)
Which entrepreneurial competency involves having a strong desire to accomplish goals?
Which entrepreneurial competency involves having a strong desire to accomplish goals?
- Ambition (correct)
- Self-Efficacy
- Adaptability and Flexibility
- Willingness to Learn
Why is self-efficacy crucial for entrepreneurs?
Why is self-efficacy crucial for entrepreneurs?
- To avoid taking any risks
- To believe in their own capabilities (correct)
- To set general and vague goals
- To resist learning new skills
Which competency requires entrepreneurs to be adaptable and flexible in various situations?
Which competency requires entrepreneurs to be adaptable and flexible in various situations?
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How does the need for achievement impact entrepreneurial success?
How does the need for achievement impact entrepreneurial success?
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Why should entrepreneurs be willing to learn according to the text?
Why should entrepreneurs be willing to learn according to the text?
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