0
What else can I help you with?
Why are entrepreneurs considered risk-takers?
Entrepreneurs can make either profit or loss from their venture. If the business is not going well, there will be loss, and this loss is considered as the risk.
Famous entrepreneurs who succeeded in entairtainment?
who is three well known entrepreneurs succed in agriculture
Low risk takers implement change that has a minimal impact on the organization?
There are a number of ways to look at this. Those who are high risk takers could be looking at short-term gains, where low risk takers may be more concerned about long-term goals and objectives that increase an organizations longevity, stability, and survivability. Again, high risk takers can often be looking at personal interests rather than organizational interests. In other words, at times you have individuals who are new to an organization, or new to a particular position within the organization. Therefore, they may feel compelled to take a high risk to show they are making a positive difference and to leave their mark (so to speak). However, many times what pops up from this type of thinking is the law of unintended circumstances, and negative results arise where the organization is hurt as well as the employees. I'm am not saying this always occurs, and not fostering the notion that a high risk taker is a bad risk taker. Still, this is why organizations need to consider skilled project management personnel, and those who are good critical thinkers as well as skilled in the area of risk management. There are always risks if you want to gain and keep the competitive edge. The question is, is it a reasonable risk?
If an engineer with MBA 5 years experience in construction wants to work in the business field what kind of job should he look for?
He should look in the smae area of construction field, because he knows very well about the job and can handle any kind of risk. And remember risk takers are always at the top place by the end of the inning.
Why entry options is a major concern for entrepreneurs?
Entry options are a major concern for entrepreneurs because they determine the pathways available to enter a market and compete effectively. Choosing the right entry strategy can significantly impact resource allocation, market positioning, and long-term sustainability. Additionally, entrepreneurs must consider factors such as competition, regulatory barriers, and market demand, which can influence their success. A well-thought-out entry strategy helps mitigate risks and maximizes opportunities for growth.
What makes an entrepreneur?
Risk may play an important role, but it's not the only one. Some other characteristics of entrepreneurs include:· Creative· Need to achieve· Take initiatives· Independent mindedSelf-confident and optimistic· Flexible· Able to get along well with others· Knowledgeable of markets· Resourceful and persevering· Can take calculated risk
Why does alcohol and drug abuse increase risk of suicide?
Alcohol and drugs impair one's ability to use good judgment and make competent, well thought out decisions.
What are the contribution of entrepreneurs in national development?
National development can come about through increase in employment, output, income and society's well-being. If entrepreneurs use their initiatives to venture into employment generation more output and income will be created. Through this process, entrepreneurs can actually contribute to the national development.
What is the ongoing debate between makers and takers and how does it impact society as a whole?
The ongoing debate between makers and takers revolves around the idea that some people contribute to society (makers) while others rely on government assistance (takers). This debate impacts society by shaping policies on taxation, social programs, and wealth distribution, as well as influencing attitudes towards work, welfare, and inequality.
When was Well Thought Out Twinkles created?
Well Thought Out Twinkles was created on 2007-07-16.
Who is called as social entrepreneur?
social entrepreneurs are the ones who makes a business that would help other people as well.
Who is at risk during a wildfire?
People are at risk as well as animals
