Show Terms in this set (24)The seven entrepreneur traits are "leadership abilities, opportunity obsession, commitment/determination, motivation to excel, courage, tolerance of risk, and creativity" (Longenecker, Petty, Palich, & Hoy, 2020). To possess all of these characteristics, one should be able to make things happen without needing others to encourage and motivate them. Understanding the market around them and knowing what the people want and need, is important too. The entrepreneur should be able to resolve issues that could stand in the way of the business moving forward and remain focused on the goal. As an entrepreneur, one must be willing to take chances in order to grow. Keeping an open mind when changing with both the market and customers as time progresses, is also key to being successful. Students also viewedRecommended textbook solutions
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Which of the following is not one of the 4 steps of the entrepreneurial process?Which of the following is not one of the four steps of the entrepreneurial process? Determining how to seize the spotlight.
What are the 4 types of entrepreneurial activity?Most often, the types of entrepreneurship are broken into four categories:. small business.. scalable startups.. large company or intrapreneurship.. social entrepreneurship.. What is the entrepreneurial process quizlet?1. Entrepreneurship is the process of planning, organizing, operating, and assuming the risk of a business venture. The word entreprendre refers to the individuals who "undertook" the risk of new enterprise. You just studied 45 terms!
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Which of the following is not one of the four steps of the entrepreneurial process quizlet?
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