Entrepreneurs operate in a formal management hierarchy with well-defined authority and responsibility.

Name: Entrepreneurs operate in a formal management hierarchy with well-defined authority and responsibility.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Entrepreneurs often operate in small, often non-hierarchical organizational structures that are less formal than larger corporations. They may have clear roles and responsibilities, but the management structure may be more flexible and less formalized.

Entrepreneurs Operate in a Formal Management Hierarchy with Well-Defined Authority