Which of the following statements describes the term "risk-taking" as a dimension of entrepreneurial orientation?
A) It refers to the tendency to anticipate and act on future needs.
B) It refers to the tendency to pursue creativity and experimentation.
C) It tells whether an individual or team of individuals within an organization has the freedom to develop an entrepreneurial idea and then see it through to completion.
D) It refers to the tendency to intensely and directly challenge competitors.
E) It refers to the tendency to engage in bold rather than cautious actions.

Question

Quizplus · Accepted Answer

Risk-taking in entrepreneurial orientation refers to the tendency to engage in bold rather than cautious actions, often involving significant resource commitments and uncertainty.

Which of the Following Statements Describes the Term "Risk-Taking" as a Dimension