Mary uses the prediction element of entrepreneurism.Which of the following scenarios defines Mary?
A)Mary likes to plan and execute small actions of a project.She starts with the resources available and likes to experiment.
B)Mary is competitive and likes to optimize her expected returns in all situations.
C)Mary is a linear thinker and likes to experiment along this line and she is competitive.
D)Mary is an experimenter and likes to collaborate.She expects an acceptable loss in the projects she takes on.

Question

Quizplus · Accepted Answer

Mary is characterized as an experimenter who likes to collaborate and expects an acceptable loss in her projects. This aligns with the prediction element of entrepreneurism, where she is willing to take risks and experiment with new ideas while expecting a moderate level of success. Options A, B, and C do not accurately describe Mary's approach to entrepreneurship.

Mary Uses the Prediction Element of Entrepreneurism