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___________ are the type of entrepreneurs who imitate only when they are sure that failure to do so would result in a loss of the relative share in the enterprise.
Fill in the blank with a suitable Type of Entrepreneurs.
- a)Trading Entrepreneurs
- b)Fabian Entrepreneurs
- c)First generation Entrepreneurs
- d)Innovative Entrepreneurs
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
___________ are the type of entrepreneurs who imitate only when they a...
Fabian Entrepreneurs
- Fabian Entrepreneurs are the type of entrepreneurs who imitate only when they are sure that failure to do so would result in a loss of the relative share in the enterprise.
- They are cautious and adopt a conservative approach, avoiding risks and imitating successful business models.
- Fabian Entrepreneurs focus on minimizing losses rather than maximizing profits.
- They prefer to observe and learn from the experiences of other entrepreneurs before making any significant business decisions.
- Fabian Entrepreneurs are not driven by innovation or creating something new; instead, they replicate proven business models and strategies.
- They are more concerned about maintaining their market position and share rather than taking risks to expand or introduce new products/services.
- Fabian Entrepreneurs are often found in mature industries or markets where there is less potential for radical innovation or disruption.
- They rely on market research, competitor analysis, and benchmarking to imitate successful businesses and maintain their relative share in the market.
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- Fabian Entrepreneurs are the type of entrepreneurs who imitate only when they are sure that failure to do so would result in a loss of the relative share in the enterprise.
- They are cautious and adopt a conservative approach, avoiding risks and imitating successful business models.
- Fabian Entrepreneurs focus on minimizing losses rather than maximizing profits.
- They prefer to observe and learn from the experiences of other entrepreneurs before making any significant business decisions.
- Fabian Entrepreneurs are not driven by innovation or creating something new; instead, they replicate proven business models and strategies.
- They are more concerned about maintaining their market position and share rather than taking risks to expand or introduce new products/services.
- Fabian Entrepreneurs are often found in mature industries or markets where there is less potential for radical innovation or disruption.
- They rely on market research, competitor analysis, and benchmarking to imitate successful businesses and maintain their relative share in the market.
Most Upvoted Answer
___________ are the type of entrepreneurs who imitate only when they a...
Explanation:
Fabian Entrepreneurs:
- Fabian Entrepreneurs are the type of entrepreneurs who imitate only when they are sure that failure to do so would result in a loss of the relative share in the enterprise.
- They are cautious and prefer to wait and observe the market before making any moves.
- Fabian Entrepreneurs are strategic in their approach and analyze the risks involved before taking action.
- They are not quick to jump into new ventures but rather prefer to take calculated steps.
In this case, the blank should be filled with option B. Fabian Entrepreneurs as they are the type of entrepreneurs who carefully assess the situation before imitating others in order to maintain their share in the enterprise.
Fabian Entrepreneurs:
- Fabian Entrepreneurs are the type of entrepreneurs who imitate only when they are sure that failure to do so would result in a loss of the relative share in the enterprise.
- They are cautious and prefer to wait and observe the market before making any moves.
- Fabian Entrepreneurs are strategic in their approach and analyze the risks involved before taking action.
- They are not quick to jump into new ventures but rather prefer to take calculated steps.
In this case, the blank should be filled with option B. Fabian Entrepreneurs as they are the type of entrepreneurs who carefully assess the situation before imitating others in order to maintain their share in the enterprise.
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___________ are the type of entrepreneurs who imitate only when they are sure that failure to do so would result in a loss of the relative share in the enterprise.Fill in the blank with a suitable Type of Entrepreneurs.a)Trading Entrepreneursb)Fabian Entrepreneursc)First generation Entrepreneursd)Innovative EntrepreneursCorrect answer is option 'B'. Can you explain this answer?
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