ENT204 Tma Solutions

ENT204

Question: points out that the psychology and behavior of the entrepreneur may change as the business evolves.
Answer: Michael Morris

Question: The entrepreneur must have more than a casual interest in the business because he or she must overcome many hurdles and
Answer: obstacles

Question: To Cantillon, entrepreneurship was self employment with an uncertain return by the early
Answer: 1900s

Question: Substantial disagreement concerns the concept of entrepreneurship and the individual who is called an
Answer: entrepreneur

Question: is a process activity. It generally involves the following inputs, an opportunity
Answer: Entrepreneurship

Question: Michael Moms states that early definitions of entrepreneurs were developed by
Answer: economists

Question: are confident in their abilities and the business concept.
Answer: Entrepreneurs

Question: often see things in a holistic sense; they can see the big picture when others see only the parts.
Answer: Entrepreneurs

Question: Entrepreneurs are often perfectionists, and striving for excellence, or
Answer: perfection

Question: Entrepreneurs act on their ideas because they have a high need for
Answer: achievement

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