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Describe some of the characteristics that make a person more likely to succeed as an entrepreneur.

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No single personality type pre...

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In the context of common management challenges, leadership deteriorates into micromanagement when entrepreneurs fail to


A) train a successor.
B) monitor financial performance.
C) delegate work.
D) enjoy work.
E) adapt to an information silo.

F) None of the above
G) A) and D)

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Which of the following is the purpose of an opportunity analysis?


A) to obtain financing
B) to negotiate agreements with suppliers
C) to excite potential customers
D) to specify resources needed to translate an idea into a viable business
E) to work out the details of marketing, finance, and manufacturing

F) A) and D)
G) None of the above

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If a company is striking fast to beat competitors to the punch, tackle them head-to-head, and analyze and target competitors' weaknesses, then they are practicing


A) opportunity analysis.
B) competitive aggressiveness.
C) proactiveness.
D) innovativeness.
E) ethical patterns.

F) A) and B)
G) A) and D)

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