Which of the following is part of the micro level of analysis when studying entrepreneurship?
A) Technological conditions in the immediate market area in which the entrepreneur wants to operate.
B) Overall market conditions.
C) The nature of the stock market; what is happening on the New York Stock Exchange, etc.
D) The entrepreneur's skills in selling a new product.
E) The laws that apply to the product developed by the entrepreneur.

Question

Quizplus · Accepted Answer

The entrepreneur's skills in selling a new product are part of the micro level of analysis because they focus on the individual and organizational factors that influence entrepreneurial behavior. This includes the entrepreneur's personal characteristics, motivation, and knowledge, as well as their ability to innovate, create value, and sell their product to customers. A is also part of the micro level, but the other choices focus on more macro-level factors such as overall market conditions or broader legal and economic trends.

Which of the Following Is Part of the Micro Level