Discuss how the entrepreneurial mindset is related to the mindset for entrepreneurship.
What will be an ideal response?
The entrepreneurial mindset is the ability to quickly sense, take action, and get organized under uncertain conditions. The ability to persevere, accept, and learn from failure and get comfortable with a certain level of discomfort is essential.
Entrepreneurship demands action and practice to be successful
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The emotional/motivational source of cultural intelligence gives a person the confidence necessary to adapt to another culture
Indicate whether the statement is true or false.
Modigliani and Miller each won a Nobel prize in economics in at least in part because of their work with capital structure
Indicate whether the statement is true or false
The major difference between currency futures and forward contracts is that futures contracts are standardized for ease of trading on an exchange market whereas forward contracts are specialized and tailored to meet the needs of clients
Indicate whether the statement is true or false.
Weston, Inc., produces widgets. To manufacture a new type of widget, it took 15 iterations before the process reached a steady state of 27 hr. If Weston has a 94% learning rate, use the logarithmic approach to calculate the time it took to manufacture the first widget.
A. 36.10 hr B. 32.53 hr C. 33.51 hr D. 34.38 hr