Entrepreneurial Character Traits

A person is assured of becoming a successful entrepreneur once he/she possesses all the character traits common to successful entrepreneurs.

• TRUE

• FALSE

All business opportunities are exploited by an opportunity-seeking entrepreneur.

• TRUE

• FALSE

A persistent entrepreneur immediately quits from the business venture after experiencing failure.

• TRUE

• FALSE

A risk-taking entrepreneur engages in all types of risky business enterprises.

• TRUE

• FALSE

A person who is efficient produces more products using more production input.

• TRUE

• FALSE

A quality-oriented entrepreneur produces goods that are of high quality based on his/her perception.

• TRUE

• FALSE

Planning simply refers to the review of past performances.

• TRUE

• FALSE

Goals are broad, while objectives are specific.

• TRUE

• FALSE

As an information-seeker, an entrepreneur uses verified data in making economic decisions.

• TRUE

• FALSE

When creating a business, one should put in mind to provide good quality service to the customers.

• TRUE

• FALSE