Entrepreneurship Skills Study Material

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Questions and Answers

What is a key characteristic of an entrepreneur according to the text?

  • Procrastination
  • Lack of initiative
  • Avoiding problems
  • Continued education (correct)

Which of the following is a step in the formal problem-solving model mentioned in the text?

  • Criticizing alternatives
  • Gathering information (correct)
  • Ignoring the problem
  • Taking no action

What is the purpose of brainstorming in entrepreneurship?

  • Analyzing ideas critically
  • Avoiding creativity
  • Generating fresh ideas (correct)
  • Following a strict structure

Why is goal setting important for an entrepreneur?

<p>To measure performance (B)</p> Signup and view all the answers

Which quality should an entrepreneur exhibit when faced with problems?

<p>Proactive problem-solving (A)</p> Signup and view all the answers

What role should an entrepreneur assume during brainstorming sessions?

<p>Facilitate idea sharing (C)</p> Signup and view all the answers

What does goal orientation help in achieving for an entrepreneur?

<p>Measurement of targets and objectives (A)</p> Signup and view all the answers

Which trait should entrepreneurs possess according to the text?

<p>Initiative and willingness to credit others (D)</p> Signup and view all the answers

What is the main function of a formal problem-solving model for an entrepreneur?

<p>&quot;Selecting the best option after evaluation&quot; (A)</p> Signup and view all the answers

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