Entrepreneurial Goals and Aspirations Quiz

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Questions and Answers

What do entrepreneurs with a high need for achievement tend to do?

  • Set specific and challenging goals (correct)
  • Set vague and easy goals
  • Have no goal-setting tendencies
  • Avoid setting specific goals

Which trait is typically demonstrated by individuals with a high need for achievement?

  • Lack of persistence in achieving goals
  • Indifference to challenges and setbacks
  • Avoidance of challenges and setbacks
  • Persistence and perseverance in the face of challenges (correct)

What do entrepreneurs with a high need for achievement value?

  • Isolation and lack of feedback
  • Feedback and recognition for their efforts and accomplishments (correct)
  • Feedback only for others' accomplishments
  • Absence of recognition for their efforts

Which trait is often associated with the need for achievement?

<p>Proactivity in seeking out and creating opportunities (A)</p> Signup and view all the answers

What is the main focus of Buttner and Moore's study of successful women entrepreneurs?

<p>Diverse goals of intentional entrepreneurs (D)</p> Signup and view all the answers

Which factor at the national level can hinder entrepreneurial activities, according to the text?

<p>Restrictive Policies (C)</p> Signup and view all the answers

What does the conclusion emphasize about the factors influencing entrepreneurial success?

<p>They require a multi-level approach for a comprehensive understanding (A)</p> Signup and view all the answers

What is essential for a comprehensive understanding of entrepreneurial success?

<p>Multi-Level Approach (C)</p> Signup and view all the answers

What is the main reason for some people to start a business, according to Hurst and Pugsley (2011)?

<p>To be their own boss and have more flexibility (A)</p> Signup and view all the answers

What did Kartashova's (2014) research focus on in the context of entrepreneurial finance?

<p>The intricacies of risk capital premiums in entrepreneurial finance (A)</p> Signup and view all the answers

Which factor was identified as a common reason for deciding to start a business?

<p>The inability to find employment elsewhere after job loss (C)</p> Signup and view all the answers

What type of opportunity was mentioned as a motivation for starting a business?

<p>High demand for products/business in the current market (C)</p> Signup and view all the answers

What did some individuals cite as their reason for starting a business?

<p>Belief in the value of work and its importance (C)</p> Signup and view all the answers

What was identified as a significant factor influencing income in entrepreneurial finance?

<p>The failure to capture option value (C)</p> Signup and view all the answers

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