Essay
Identify five of the twelve characteristics of an entrepreneurial environment.
TABLE 2.3 Characteristics of an Entrepreneurial Environment
-Organization operates on frontiers of technology
-New ideas encouraged
-Trial and error encouraged
-Failures allowed
-No opportunity parameters
-Resources available and accessible
-Multidiscipline teamwork approach
-Long time horizon
-Volunteer program
-Appropriate reward system
-Sponsors and champions available
-Support of top management
Students can choose five of the twelve from table 2.3 above.
Correct Answer:

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