Numerous researchers have found that a sound entrepreneur has and uses entrepreneurial judgement when faced with uncertain situations. This means:
A) using discretion and avoiding business with low financial returns
B) using discretion when choosing people to work with
C) subjectively assessing and making major decisions in real time based on available - and often incomplete - information
D) choosing the right market at the right time

Question

Quizplus · Accepted Answer

Entrepreneurial judgement involves subjectively assessing and making major decisions in real time based on available - and often incomplete - information when faced with uncertain situations. This is different from using discretion to avoid low financial returns (A), choosing the right people to work with (B), or choosing the right market at the right time (D).

Numerous Researchers Have Found That a Sound Entrepreneur Has and Uses