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Why do people fear entrepreneurship? Select one or more: O a. Family pressure O b. Too much failure O c. Peer pressure O d. Opportunity

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Why do people fear entrepreneurship? Select one or more: O a. Family pressure O b. Too much failure O c. Peer pressure O d. Opportunity cost of leaving a stable situation O e. because they believe it takes too much risk Which of the following skills are necessary for entrepreneurial success? Check all that apply. Select one or more: O a. Confidence. O b. Social Capital O c. Understanding tolerance and risk O d. Having a great personality. O e. Interpersonal relationship skills Why do most entrepreneurs fail? Select one or more: O a. Overconfidence O b. Not wanting to miss the golden opportunity O c. Believing the small sample is indicative of a big potential market O d. Lack of luck The business model Select one or more: O a. Guarantees that your business will succeed O b. Outline your value proposition O c. Describes how your organization will create, deliver and capture value O d. Helps analyze the feasibility of the business O e. Comprises nine (9) building blocks Select the two different cost models you can use: Select one or more: O a. Cost-driven model O b. Value-driven model O c. production-driven model O d. customer driven model O e. Process-driven model

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