Asked by Vishnu Krishnan on Feb 18, 2024
Verified
Entrepreneurs have more freedom to experiment than larger organizations,as they have less to lose.
Creativity
The capacity to produce new ideas, insights, inventions, products, or artistic objects that are considered to be unique, useful, and of value to others.
- Recognizing the potential benefits of having more freedom to experiment.
- Identifying the differences in risk between entrepreneurs and larger organizations.
- Understanding the importance of experimentation in entrepreneurship.
Verified Answer
AO
agboola olaolu
Feb 18, 2024
Final Answer :
True
Explanation :
Since entrepreneurs have smaller businesses with lesser investments, they can afford to take risks and experiment more than larger organizations that have more to lose in terms of finances, resources and reputation.
Learning Objectives
- Recognizing the potential benefits of having more freedom to experiment.
- Identifying the differences in risk between entrepreneurs and larger organizations.
- Understanding the importance of experimentation in entrepreneurship.