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Entrepreneurs who repeatedly start businesses and grow to a sustainable size before striking out again are known as ________ entrepreneurs.a.persistentb.classicc.opportunisticd.serial

Question

Entrepreneurs who repeatedly start businesses and grow to a sustainable size before striking out again are known as ________ entrepreneurs.a.persistentb.classicc.opportunisticd.serial

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Solution

The correct answer is d. serial. Entrepreneurs who repeatedly start businesses and grow them to a sustainable size before moving on to start another business are known as serial entrepreneurs.

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An entrepreneur is one who ________.a.knows that the concept they are about to develop will result in a profitable businessb.is willing to attempt to implement a business concept and then give up if it does not meet immediate expectationsc.creates a new business concept for the purpose of achieving profit and growth by assembling the necessary resources to capitalize on identified opportunitiesd.understands the process of developing an idea and does not need to understand what it means to bring that idea to a viable business concept

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