1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IgorC [24]
3 years ago
11

What are the good characteristics of an entrepreneur?​

Business
2 answers:
loris [4]3 years ago
4 0

<h2>\large{\underbrace{\underline{\fcolorbox{White}{pink}{\bf{ANSWER♥︎}}}}}</h2>

<h3> Characteristics of Successful Entrepreneurs</h3>

  • Curiosity. Successful entrepreneurs have a sense of curiosity that allows them to continuously seek new opportunities.
  • Structured Experimentation. ...
  • Adaptability. ...
  • Decisiveness. ...
  • Team Building. ...
  • Risk Tolerance. ...
  • Comfortable with Failure. ...
  • Persistence.
Arturiano [62]3 years ago
4 0

Answer:

Enterprises are usually regarded as the start-up of a company. Although this is true, some nuances need to be taken into account.

Entrepreneurs — either as individuals or as a team — find their own personal and professional opportunities. They make hypotheses of ways in which they can give customers value and conduct structured testing to validate their ideas.

Explanation:

Curiosity:-

Successful entrepreneurs feel curious and can constantly search for new opportunities. Curious entrepreneurs ask questions and explore different avenues rather than settling for what they think they know.

Structured Experimentation:-

The Need for structured experimentation is in conjunction with curiosity. An entrepreneur must conduct tests to determine if each new opportunity arises.

Adaptability:-

The company is changing constantly. Entrepreneurship is an iterative process that presents itself at all times with new challenges and opportunities. For every scenario, it is almost impossible to prepare.

Team Building:-

A big businessman knows their weaknesses and strengths. They build well-rounded teams that complement their ability instead of letting weaknesses hold them back.

Risk Tolerance:-

Business is often linked to risk. Although it is true that starting a business requires a contractor to take risks, they also need to do something to minimize it.

Comfortable with Failure:-

Successful entrepreneurs prepare and comfortably confront failure. The possibility of success pushes them forward rather than allow fear to hold them back.

Persistence:-

Although many successful businessmen can comfortably fail, this does not mean that they can abandon quickly. Rather, they regard failures as learning and growing opportunities.

You might be interested in
Melinda signs a three year contract for employment as a legal studies lecturer. Does this type of contract fall within the scope
abruzzese [7]

Answer: Yes, because it is a contract whose terms prevent possible performance within one year

Explanation:

The Statute of Fraud mandates that certain contracts need to be written down. These contracts include the sale of land, amounts involving more than $500 and contracts that have a timeframe of over a year.

Melinda entered into a contract with terms that have to be fulfilled in more than a year. It is therefore under the Statute of Frauds.

3 0
3 years ago
________ is/are changes in products, services, or processes that radically change an industry's rules of the game.
sashaice [31]
Disruptive innovation are changes in products, services or processes that radically change an industry's rules of the game.  By doing this, they are able to create a new market or change the value to an existing market. The disrupt the existing market and value by improving products or services. 
7 0
2 years ago
Monica, a​ doctor, owns a small health care clinic that serves underserved people in a​ lower-income neighborhood. What type of
kogti [31]

Answer:

b

pyfpyfjzifztksrizirsitstoztozotd7itsktdtixoyd

7 0
2 years ago
Kate's Diner offers one breakfast item, a breakfast special. The market price for this meal is $5. At her profit-maximizing leve
bazaltina [42]

Answer:

keep producing in the short run but exit the industry or go out of business in the long run

Explanation:

A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

A firm should shut down in the short run if price is less than average variable cost. But since the diner's price is greater than average variable cost, it should continue production.

A firm should exit the industry in the long run if price is less than average total cost. the diner's price is less than average total cost, so it should shut down in the long run

6 0
3 years ago
At one time, the US government collected taxes only through___ taxes and imports. The ____ Amendment to the Constitution allowed
maks197457 [2]
The answers are C and B
5 0
3 years ago
Read 2 more answers
Other questions:
  • Executive interview have essentially the same advantages and disadvantages as _____. mall intercept interviews clt interviews ma
    14·1 answer
  • Outline two ways in which Britax reduced resistance to change.
    13·1 answer
  • Snack food vendors and beer distributors earn some monopoly profits in their local markets but see them slowly erode from variou
    6·1 answer
  • The U.S. preference for __________ economic policies helps to explain why we have a smaller and more limited government than do
    8·1 answer
  • When a firm is experiencing economies of scale, long-run a. average total cost is minimized. b. average total cost is greater th
    15·1 answer
  • Salvia Company recently purchased a truck. The price negotiated with the dealer was $40,500. Salvia also paid sales tax of $2,10
    7·2 answers
  • A home mortgage is considered a secured loan because it is backed by __________.
    8·1 answer
  • Timothy Gates and Prada Singh decide to form a new company, TGPS LLC (a multimember LLC that will report its operations as a par
    6·1 answer
  • Assume that you are willing to postpone consumption of​ $1,000 today and buy a certificate of deposit​ (CD) at your local bank w
    12·1 answer
  • Moringa products corporation had common stock of $820,000 and retained earnings of $1,250,000 on january 1. during the year, $75
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!