An entrepreneur is one who ________.
A)is willing to attempt to implement a business concept and then give up if it does not meet immediate expectations
B)understands the process of developing an idea and does not need to understand what it means to bring that idea to a viable business concept
C)knows that the concept they are about to develop will result in a profitable business
D)creates a new business concept for the purpose of achieving profit and growth by assembling the necessary resources to capitalize on identified opportunities

Question

Quizplus · Accepted Answer

An entrepreneur is someone who creates a new business concept with the purpose of achieving profit and growth by assembling the necessary resources to capitalize on identified opportunities. They take calculated risks and are willing to adapt and learn from their failures in order to succeed. The other options, A, B, and C, do not accurately capture the essence of what it means to be an entrepreneur.

An Entrepreneur Is One Who ________