Question

Jenna leaves her job at a refrigerator manufacturing company and starts her own business. Her objective is to attain maximum growth and earn high profits. Jenna's friend Elle still works at the refrigerator manufacturing company, where she has started a business venture utilizing the company's resources. Nico, her colleague, states that he would make a successful entrepreneur because he is a gambler and believes that a good idea and talent lead to success within a year. He has also scored 665 in his SATs.

In Scenario A, Nico's beliefs are some examples of the ________ of entrepreneurship.
A) opportunities
B) myths
C) challenges
D) facts
E) threats

Answer 1

Myths of entrepreneurship

Step-by-step explanation:

The scenario given is a major example of the myths of entrepreneurship because, in business, a good idea and talent are not the only components in achieving a successful business year.

Important attributes such as tenacity, patience, foresight, recognizing opportunities, making frequent connections, observing market trends and many other attributes are needed to be successful in entrepreneurship.