Asked by Elena Franco on May 11, 2024
Verified
Which of the following is not one of the characteristics of entrepreneurs?
A) Takes calculated risks.
B) Has a high need for power.
C) Has an internal locus of control.
D) Demonstrates self-confidence.
E) Has a high tolerance for ambiguity.
Calculated Risks
Risks that have been carefully considered and assessed for potential consequences before action is taken, often with measures in place to mitigate negative outcomes.
Need for Power
A psychological term referring to an individual's desire to control or influence others.
- Understand the unique attributes that separate entrepreneurs from others.
Verified Answer
DE
David EdwardsMay 15, 2024
Final Answer :
B
Explanation :
While entrepreneurs may have a desire to be in control, having a high need for power is not a necessary characteristic. The other options, such as taking calculated risks, having an internal locus of control, demonstrating self-confidence, and having a high tolerance for ambiguity, are commonly associated with successful entrepreneurship.
Learning Objectives
- Understand the unique attributes that separate entrepreneurs from others.