According to the textbook, the four characteristics of successful entrepreneurs are:
A) passion for the business, is on the cutting edge of technological change, is very charismatic, and tenacity despite failure
B) is young and energetic, passion for the business, product/customer focus, and seeks recognition
C) passion for the business, tenacity despite failure, product/customer focus, and execution intelligence
D) is on the cutting edge of technological change, is forward thinking, tenacity despite failure, and product/customer focus
E) passion for the business, seeks recognition, is young and energetic, and execution intelligence

Question

Quizplus · Accepted Answer

The four characteristics of successful entrepreneurs, as stated in the textbook, are passion for the business, tenacity despite failure, product/customer focus, and execution intelligence. Option C includes all four of these characteristics, making it the best choice. Option A is incorrect because being on the cutting edge of technological change and being charismatic are not listed as characteristics in the textbook. Option B is incorrect because age and seeking recognition are not listed as key characteristics, and product/customer focus is already included in option C. Option D is incorrect because being forward-thinking is not listed as a characteristic in the textbook. Option E is incorrect because seeking recognition and being young and energetic are not listed as key characteristics.

According to the Textbook, the Four Characteristics of Successful Entrepreneurs