Which of the Following Involves the Most Complexity
Which of the following involves the most complexity?
a. Direct exporting.
b. Direct importing.
c. Direct investment.
Which normally provides the most control over technology and brand?
a. Direct investment.
d. B and C above.
e. There is no difference in any of the above.
Which of the following traits would tend to prevent entrepreneurs from establishing new firms?
a. Strong desire for achievement.
b. Strong locus of control.
c. Willingness to take risks and tolerate ambiguity.
d. The tendency to be a serial entrepreneur.
e. None of the above.
Innovation is at the heart of an entrepreneurial mindset and important to success. However, what if a person does not tend to be creative? Should that person not consider forming an SME? Are there approaches that one can follow which will likely enable such a person to be more innovative than would otherwise have been the case?