An event that prompts an individual to become an entrepreneur, such as losing a job, inheriting money, or accommodating a certain lifestyle, is referred to as a(n) ________.
A) prompting event
B) entrepreneurial prompt
C) initiating event
D) triggering event
E) kick-off event

Question

Quizplus · Accepted Answer

A triggering event is a specific incident that spurs an individual to become an entrepreneur. It is an event that creates a sense of urgency or need for change, such as losing a job, inheriting money, or encountering a problem that can only be solved by starting a business. Other options such as a prompting event or initiating event may be too vague or general, while kick-off event and entrepreneurial prompt are not commonly used terms in entrepreneurship literature.

An Event That Prompts an Individual to Become an Entrepreneur