Growth-oriented entrepreneurs differ from cost-focused sustainers in that growth-oriented entrepreneurs ________.
A)are more interested in maintaining the status quo at the lowest cost
B)have a lower level of formal education at the leadership level
C)are less likely to have a working financial plan
D)are confused by value-added solutions
E)are more sophisticated in their operations

Question

Quizplus · Accepted Answer

Growth-oriented entrepreneurs are more likely to be sophisticated in their operations compared to cost-focused sustainers. They are focused on expanding their business, increasing revenue and profits, and enhancing their overall operations. They invest in research and development, marketing, and talent acquisition to achieve their goals. This requires a higher level of sophistication in their approach compared to cost-focused sustainers who prioritize minimizing expenses and maintaining the status quo.

Growth-Oriented Entrepreneurs Differ from Cost-Focused Sustainers in That Growth-Oriented Entrepreneurs