Week 2 Flashcards
(13 cards)
an entrepreneur finds a way to do things, better, faster, or cheaper.
DEMAND FOR EFFICIENCY AND QUALITY
an entrepreneur seizes unusual opportunities to start a new business, obtain financing, equipment, land, workplace, and assistance. and does things before asked or forced to by events.
OPPORTUNITY SEEKING AND INITIATIVE
an entrepreneur makes personal sacrifices or expends extraordinary efforts to complete a job.
COMMITMENT TO THE WORK CONTRACT
an entrepreneur takes action in the face of a significant obsacle.
PERSISTENCE
an entrepreneur places himself in situations involving challenges or moderate risks.
RISK-TAKING
an entrepreneur personally seeks information or data from clients, suppliers, or competitors.
INFORMATION SEEKING
plans by breaking large tasks down into time-constraining sub-tasks.
SYSTEMATIC PLANNING AND MONITORING
an entrepreneur sets objectives and target outcomes that are meaningful and challenging.
GOAL SETTING
an entrepreneur sticks with her own judgment in the face of opposition or early lack of success.
INDEPENDENCE AND SELF-CONFIDENCE
an entrepreneur uses deliberate strategies to influence or persuade others.
PERSUASION AND NETWORKING
the possession of control, authority, or influence of others.
power cluster
characteristics that are driven by the entrepreneur’s desire to achieve goals.
achievement cluster
characteristics that focus mainly on establishing objectives and plans of actions towards the attainment of the end goals.
planning cluster
