Entrepreneurs, in part because they are very busy, often fail to use
A)formal control systems.
B)benchmarking.
C)emotional intelligence.
D)cost competencies.
E)social capital.

Question

Quizplus · Accepted Answer

Entrepreneurs often have limited time and resources to devote to organizational tasks such as establishing formal control systems. These systems are designed to provide structure and order within an organization, and help to ensure that goals are achieved effectively and efficiently. Without them, entrepreneurs may find it difficult to monitor and manage their businesses effectively, which can lead to issues such as missed deadlines, cost overruns, and quality problems. It is therefore important for entrepreneurs to make time to establish formal control systems in order to maximize their chances of success.

Entrepreneurs, in Part Because They Are Very Busy, Often Fail