ESB Study Guide Questions and Answers
100% Correct | Updated 2024
courage - ANSWER the willingness to take risks despite possible losses
tenacious - ANSWER the willingness to see things through
self-reliant - ANSWER belief in entrepreneurial dream
Value Achievement - ANSWER The desire to succeed and achieve over the
desire for money.
Ambiguity is dealt with by - ANSWER patience
flexibility - ANSWER looking for other ways to finance a business
purchasing a ongoing business - ANSWER can handle startup costs
three reasons to start a franchise instead of starting a new business - ANSWER
proven business model, easier to finance, exclusive within a geographic area
starting your own business - ANSWER creates your own rules
drawback of creating your own business - ANSWER greater probability of
failure
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