Podcast
Questions and Answers
What does the term 'proactive' mean in the context of entrepreneurship?
What does the term 'proactive' mean in the context of entrepreneurship?
- Having good problem-solving skills
- Persevering through challenges to get things done
- Being able to classify opportunities and seize them (correct)
- Being persuasive in enticing people to buy products or services
Which of the following is NOT listed as an environmental factor that entrepreneurs need to consider?
Which of the following is NOT listed as an environmental factor that entrepreneurs need to consider?
- Climate conditions
- Political conditions
- Technological advancements (correct)
- Legal system
What does it mean for an entrepreneur to be a 'risk-taker'?
What does it mean for an entrepreneur to be a 'risk-taker'?
- Being willing to gamble without any calculations
- Being willing to gamble after careful calculations (correct)
- Being willing to take risks without any planning
- Being willing to take risks only if there is a guaranteed return
Which of the following is NOT listed as a common competency for entrepreneurs?
Which of the following is NOT listed as a common competency for entrepreneurs?
What does it mean for an entrepreneur to be 'innovative' according to the text?
What does it mean for an entrepreneur to be 'innovative' according to the text?
Which of the following is NOT listed as a core competency for entrepreneurs?
Which of the following is NOT listed as a core competency for entrepreneurs?
What does it mean for an entrepreneur to be a 'planner' according to the text?
What does it mean for an entrepreneur to be a 'planner' according to the text?
Which of the following is NOT listed as an environmental factor that entrepreneurs need to consider?
Which of the following is NOT listed as an environmental factor that entrepreneurs need to consider?
What does it mean for an entrepreneur to be a 'problem solver' according to the text?
What does it mean for an entrepreneur to be a 'problem solver' according to the text?
Which of the following is listed as a common competency for entrepreneurs?
Which of the following is listed as a common competency for entrepreneurs?
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