A key characteristic of entrepreneurs is that they:
A)are willing to accept the risks involved in starting and managing a business.
B)have a high level of scientific and technical expertise.
C)possess a great deal of personal wealth.
D)have experience in running large,complex organizations.

Question

Quizplus · Accepted Answer

Entrepreneurs are willing to take risks in starting and managing a business. This is because starting a business is inherently risky and involves uncertainty about whether the venture will be successful or profitable. Having the ability to bear this risk is a key characteristic of successful entrepreneurs. The other options, B, C, and D, are not necessarily true for all entrepreneurs as not all entrepreneurs necessarily possess high levels of technical expertise or personal wealth, or have experience running large organizations.

A Key Characteristic of Entrepreneurs Is That They