Question

Which of the following statements about entrepreneurial orientation are correct? (Check all that apply.)

a. Its dimensions are autonomy, innovativeness, proactiveness, competitive aggressiveness, and risk-taking.
b. The five factors work together to enhance a firm's entrepreneurial performance.
c. It has five dimensions that permeate the decision-making styles and practices of the firm's members.
d. Firms must be strong in each dimension in order to be successful.

Answer 1

The correct statements about entrepreneurial orientation are that it has dimensions of autonomy, innovativeness, proactiveness, competitive aggressiveness, and risk-taking, the five factors work together to enhance a firm's entrepreneurial performance, and it permeates the decision-making styles and practices of the firm's members.(option a, b and c)

Step-by-step explanation:

The correct statements about entrepreneurial orientation are:

1. Its dimensions are autonomy, innovativeness, proactiveness, competitive aggressiveness, and risk-taking. These dimensions represent the different aspects that contribute to a firm's entrepreneurial orientation.
2. The five factors work together to enhance a firm's entrepreneurial performance. By incorporating autonomy, innovativeness, proactiveness, competitive aggressiveness, and risk-taking, a firm can foster an environment that encourages entrepreneurial behavior and leads to improved performance.
3. It has five dimensions that permeate the decision-making styles and practices of the firm's members. The dimensions of entrepreneurial orientation influence how decisions are made within the firm and shape overall organizational practices and strategies.