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Questions and Answers
Entrepreneurs are mainly driven by passion rather than drive.
True
Entrepreneurs start big to small in their business ventures.
False
Entrepreneurship is primarily focused on converting unprocessed ideas into a successful business venture.
False
Entrepreneurial autonomy means that the entrepreneur leads all actions in the business organization.
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Competencies for Entrepreneurial Success should include a disregard for customer relations service as it is not a critical skill for entrepreneurs.
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The process of acquiring and retaining customers is not a focus of marketing for entrepreneurs.
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An entrepreneur's need for achievement involves having a low desire to accomplish goals.
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Developing a SWOT analysis is not part of the entrepreneurial development process.
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Integrity is not considered a core competency that sets a business apart from its competitors.
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Entrepreneurship as missionary concept views a business merely as a profit-making venture with no other purpose.
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