An entrepreneur's concern that his values continued to be reflected in the ways in which his firm conducts business after he retires is an example of the concept of ____.
A) self-assessment
B) entrepreneurial legacy
C) activity trade-offs
D) psychological aggrandizement

Question

Quizplus · Accepted Answer

The concern about leaving behind a legacy that reflects the entrepreneur's values is an example of entrepreneurial legacy. It is a common concern among entrepreneurs who want their businesses to continue to reflect their values and maintain their vision even after they retire or leave the company. Self-assessment refers to the process of evaluating one's own skills and abilities. Activity trade-offs refer to the choices entrepreneurs make about how to allocate their time, resources, and attention. Psychological aggrandizement is the tendency of entrepreneurs to overinflate their own importance or achievements. None of these concepts are relevant to the concern about legacy.

An Entrepreneur's Concern That His Values Continued to Be Reflected