According to the textbook, two of the most important factors to consider regarding "management prowess" are ________.
A) the passion the sole entrepreneur or the management team has for the business idea and the extent to which the management team or sole entrepreneur understands the markets in which the firm will participate
B) whether the members of the management team have worked successfully together before and the passion the sole entrepreneur or the management team has for the business idea
C) whether the members of the management team are good "networkers" and the extent to which the management team or sole entrepreneur understands the markets in which the firm will participate
D) the educational and functional backgrounds of the management team or sole entrepreneur
E) whether the members of the management team are good "networkers" and the passion the sole entrepreneur or the management team has for the business idea

Question

Quizplus · Accepted Answer

The correct answer is A because it highlights the importance of passion for the business idea and understanding of the market, both of which are crucial for effective management and the success of a business.

According to the Textbook, Two of the Most Important Factors