Question

Chad and Allison Druxman launched a firm several years ago and have been particularly successful in introducing new products to the marketplace. One thing that Chad and Allison are particularly good at is translating their thoughts, creativity, and imaginations into products that reach the marketplace. The ability to make this happen is most closely related to which characteristics of successful entrepreneurs?

Answer 1

Answer:

Execution intelligence

Explanation:

Execution intelligence is an important characteristic of successful entrepreneurs and it is the ability to transform an idea into a valuable product that meets consumer needs in the marketplace.

Chad and Allison Druxman can therefore be said to have execution intelligence.

Answer 2

Answer:

The correct answer is letter "B": execution intelligence.

Explanation:

Execution intelligence refers to the ability to translate plans into businesses. Execution intelligence represents the central key to why new companies accomplish their goals or not. This process does not only involves creating a new product or service but also recruiting skilled individuals who can add value to the business, looking for funds to conduct the venture operations, looking for strategic alliances, and managing finances efficiently so the business becomes sustainable.