Entrepreneurial Opportunity Alignment Assessment

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

Which factor is important for an entrepreneur to consider when evaluating an opportunity based on personal values and virtues?

  • Sales potential of the products or services
  • Reinforcement of entrepreneurial interests, talents, and skills (correct)
  • Responsiveness to customer needs and wants
  • Alignment with personal vision, mission, and objectives

What should an entrepreneur prioritize to ensure the success of a pursued opportunity?

  • Expansion through branches, distributorships, dealerships, or franchise outlets
  • Alignment with personal vision, mission, and objectives
  • Revenues from the products or services
  • Resonance to values and desire virtues (correct)

In addition to alignment with personal vision and objectives, what else is crucial for an entrepreneurial opportunity?

  • Reinforcement of entrepreneurial interests, talents, and skills (correct)
  • Revenues from the products or services
  • Responsiveness to customer needs and wants
  • Resonance to values and virtues

What factor is essential for determining the potential success of an entrepreneurial endeavor?

<p>Revenues from the products or services (C)</p> Signup and view all the answers

What aspect is crucial for an opportunity to have a better chance of succeeding?

<p>Responsiveness to customer needs and wants (C)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Entrepreneurial Opportunity Seeking - Lesson 1
32 questions
business venture
24 questions

business venture

PleasedMint avatar
PleasedMint
Entrepreneurship: Opportunity and Individuals
36 questions
Use Quizgecko on...
Browser
Browser