Exam 11: Anticipating Failure
Exam 1: Practicing Entrepreneurship86 Questions
Exam 2: Activating an Entrepreneurial Mindset91 Questions
Exam 3: Creating and Recognizing New Opportunities89 Questions
Exam 4: Using Design Thinking87 Questions
Exam 5: Building Business Models86 Questions
Exam 6: Developing Your Customers94 Questions
Exam 7: Testing and Experimenting With New Ideas83 Questions
Exam 8: Developing Networks and Building Teams88 Questions
Exam 9: Creating Revenue Models92 Questions
Exam 10: Planning for Entrepreneurs86 Questions
Exam 11: Anticipating Failure90 Questions
Exam 12: Bootstrapping and Crowdfunding for Resources85 Questions
Exam 13: Financing for Startups90 Questions
Exam 15: Engaging Customers Through Marketing84 Questions
Exam 16: Supporting Social Entrepreneurship95 Questions
Exam 17: Financial Statements and Projections for Startups42 Questions
Exam 18: The Pitch Deck41 Questions
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A strong fear of failure is often rooted in one's ______,as demonstrated by the Global Entrepreneurship Monitor report.
Free
(Multiple Choice)
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Correct Answer:
A
Antifailure bias inhibits us from learning from failure.
Free
(True/False)
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Correct Answer:
True
Based on the description in the text,Jeff Bezos is a big believer in experimentation,especially when it comes to learning from ______.
Free
(Multiple Choice)
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Correct Answer:
C
Based on her studies,psychologist Angela Lee Duckworth determined that grit ______.
(Multiple Choice)
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According to the text,bankruptcy or forced sale is probably the biggest failure for a startup.
(True/False)
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When Joelle Mertzel interviewed over 1,000 people about her prototype,she was ______.
(Multiple Choice)
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______ is caused by crossing an ethical boundary,leading to mismanagement of the venture.
(Multiple Choice)
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Jill had to close a cupcake bakery that she had established close to home.Her total investment was just under $7,000,representing all her personal savings.She attributes her failure to a poor business model.She had assumed that customers would come from wealthy residential areas when,in fact,customers seemed to be employees of large corporations who bought the cupcakes for office celebrations.In spite of her losses,Jill is hoping to start another cupcake bakery.Explain why this might be so.
(Essay)
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Instead of "failure," a process of prototyping,testing,analyzing,and refinement is best thought of as ______.
(Multiple Choice)
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Angela Lee Duckworth's research has proven a link between talent and achievement.
(True/False)
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In efforts to cope with the emotions associated with fear,which of the following is recommended for shifting negative feelings and triggering a calm response?
(Multiple Choice)
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Lee just lost a major client.The next day,she made a list of potential new clients and started calling them to set up an introductory meeting.Which of the following characteristics is associated with this action?
(Multiple Choice)
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Explain the different ways entrepreneurs can learn from failure and why it is important that they do so.
(Essay)
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Failure as a result of the wrong procedures being set up in the organization so communication breaks down among employees and things begin to fall through the cracks is known as ______.
(Multiple Choice)
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The quality that enables people to work hard and sustain interest in their long-term goals is ______.
(Multiple Choice)
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