Asked by Jayla Ashley on Jun 16, 2024
Verified
Which of the following scenarios demonstrates an entrepreneur who has a tolerance for ambiguity?
A) Jean's decision to modify a pre-existing problem-tackling strategy in his private firm
B) Roger's decision to hire an experienced manager to head his new branch in another state
C) Karl's decision to expand his private firm overseas despite the risk of facing cultural differences
D) Sasha's decision to quit her job to enter a partnership with a well-recognized firm
E) Giselle's decision to join her family's well-established business
Tolerance for Ambiguity
The degree to which an individual is comfortable with uncertainty, unpredictability, and unclear situations without experiencing significant stress.
Cultural Differences
The variations in the practices, customs, and behaviors of different societies or cultures.
- Identify the traits distinguishing entrepreneurs from non-entrepreneurs.
Verified Answer
SB
Sukhraj BhogalJun 22, 2024
Final Answer :
C
Explanation :
Karl's decision to expand his private firm overseas despite the risk of facing cultural differences requires a tolerance for ambiguity as he will be facing unknown cultural practices and business environments.
Learning Objectives
- Identify the traits distinguishing entrepreneurs from non-entrepreneurs.