Asked by Brianna Baldwin-Hayes on Jun 26, 2024
Verified
Which one of the following statements does not accurately describe entrepreneurs?
A) Entrepreneurs believe that they control their own destiny; they are self-directing and like autonomy.
B) Entrepreneurs are persistent, hardworking, and willing to exert extraordinary efforts to succeed.
C) Entrepreneurs are motivated to act collectively to accomplish challenging goals.
D) Entrepreneurs are risk takers; they tolerate situations with high degrees of uncertainty.
E) Entrepreneurs feel competent, believe in themselves, and are willing to make decisions.
Risk Takers
Individuals or entities that are willing to engage in actions that entail a significant chance of loss or failure in anticipation of a potential gain.
Act Collectively
refers to the process of making decisions or actions as a group, emphasizing collaboration and shared responsibility.
- Apprehend the distinguishing traits that set entrepreneurs apart from others.
Verified Answer
MK
Mahek KatariyaJun 30, 2024
Final Answer :
C
Explanation :
While entrepreneurs may be able to work well with others and build teams, they are primarily motivated by personal achievement and success. They may collaborate with others, but their primary focus is on their own goals and aspirations. Therefore, statement C, which suggests that entrepreneurs are primarily motivated to act collectively, does not accurately describe them.
Learning Objectives
- Apprehend the distinguishing traits that set entrepreneurs apart from others.