Exam 11: Anticipating Failure

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A strong fear of failure is often rooted in one's ______,as demonstrated by the Global Entrepreneurship Monitor report.

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A

Antifailure bias inhibits us from learning from failure.

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True

Based on the description in the text,Jeff Bezos is a big believer in experimentation,especially when it comes to learning from ______.

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C

Why did the Juicero company experience failure?

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Based on her studies,psychologist Angela Lee Duckworth determined that grit ______.

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According to the text,bankruptcy or forced sale is probably the biggest failure for a startup.

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When Joelle Mertzel interviewed over 1,000 people about her prototype,she was ______.

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Deviance is an attribute of grit.

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______ is caused by crossing an ethical boundary,leading to mismanagement of the venture.

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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.

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A child has a higher fear of failure if ______.

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Instead of "failure," a process of prototyping,testing,analyzing,and refinement is best thought of as ______.

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Angela Lee Duckworth's research has proven a link between talent and achievement.

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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?

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Explain how an entrepreneur might fail from lack of ability.

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Describe failure and its effect on entrepreneurs.

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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?

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Explain the different ways entrepreneurs can learn from failure and why it is important that they do so.

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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 ______.

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The quality that enables people to work hard and sustain interest in their long-term goals is ______.

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