From a cultural perspective, national entrepreneurship culture requires: Entropy in an entrepreneurial firm could be minimized by: India’s advantage in entrepreneurship has to...
Understand the Problem
The questions are related to entrepreneurship culture and decision-making processes in entrepreneurial firms. Question 4 asks about the cultural requirements for a national entrepreneurship culture, while Question 5 focuses on how to minimize entropy in an entrepreneurial firm.
Answer
Social Collectivism, All of the above, Skill development
The final answers are Social Collectivism, All of the above, Skill development
Answer for screen readers
The final answers are Social Collectivism, All of the above, Skill development
More Information
National entrepreneurship culture requires a social collectivism to foster collaboration and support among entrepreneurs. Minimizing entropy in a firm involves organized functioning, planned decision making, and execution as per plans. India’s advantage in entrepreneurship primarily hinges on skill development within its population.
Tips
Pay attention to cultural contexts and organized strategic planning as key factors in entrepreneurship.
Sources
- Cultural Roots of Entrepreneurship: Evidence from Second ... - researchgate.net
- Entrepreneurship, National Culture & Firm Growth - scirp.org
- Doing Business in India: Advantages & Disadvantages - wolterskluwer.com
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