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Entrepreneurial Goal Setting
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Entrepreneurial Goal Setting

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@HopefulJasper4956

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Questions and Answers

What does an entrepreneur need to do in order to deal with frustrations and failures?

  • Learn from them (correct)
  • Avoid them
  • Blame others
  • Ignore them
  • Which of the following traits is important for an entrepreneur to have in order to set long-term goals and make extensive preparations?

  • Copes with Failure
  • Responds to Feedback
  • Persistence
  • Goal-Oriented (correct)
  • Which trait is important for an entrepreneur to be able to handle differences in opinion and judgment?

  • Persistence (correct)
  • Copes with Failure
  • Responds to Feedback
  • Goal-Oriented
  • What should an entrepreneur do in order to obtain useful feedback and advice?

    <p>Avoid feedback</p> Signup and view all the answers

    What should an entrepreneur be concerned about in order to track their performance?

    <p>Open to Feedback</p> Signup and view all the answers

    Which term refers to the needs for products and services in the market?

    <p>Market demand</p> Signup and view all the answers

    Who can be the potential users or buyers of products and services in the market?

    <p>People or institutions</p> Signup and view all the answers

    When is there a good business opportunity?

    <p>When there is no supply to meet market demand</p> Signup and view all the answers

    What can be a good source of ideas for a business?

    <p>All of the above</p> Signup and view all the answers

    How can a business utilize available raw materials to start a venture?

    <p>By processing and manufacturing them into finished products</p> Signup and view all the answers

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