Question 1

Failures that provide valuable new knowledge that can help a startup innovate and stride ahead of its competition are best described as ______.

Accepted Answer

A) constructive failures 
B) intentional failures 
C) intelligent failures 
D) planned failures 
A) constructive failures 
B) intentional failures 
C) intelligent failures 
D) planned failures

Question 2

Which of the following is a positive step toward building a blame-free environment?

Accepted Answer

A) establishing clear lines of distinction between founders and employees 
B) treating everyone in the company as equal members 
C) not noticing mistakes when they happen 
D) allowing the same mistakes to recur several times before addressing them 
A) establishing clear lines of distinction between founders and employees 
B) treating everyone in the company as equal members 
C) not noticing mistakes when they happen 
D) allowing the same mistakes to recur several times before addressing them

Question 3

Describe the steps you can take to create a blame-free environment.

Accepted Answer

Clearly define what is and what is not a

Question 4

Two college friends started a company.While they were friends,they had never worked together.Why might their company fail?

Accepted Answer

A) process inadequacy 
B) uncertainty 
C) lack of ability 
D) inattention 
A) process inadequacy 
B) uncertainty 
C) lack of ability 
D) inattention

Question 5

Maternal irritability and paternal absence may contribute to a child's fear of failure.

Accepted Answer

A) True 
 B)False

Question 6

Because of their personalities,entrepreneurs do not experience the emotional pain of failure.

Accepted Answer

A) True 
 B)False

Question 7

Based upon Angela Lee Duckworth's research on children,what is the relationship between mindset and grit?

Accepted Answer

A) Those with a growth mindset tend to have less grit. 
B) Those with a fixed mindset tend to have more grit. 
C) Those with a growth mindset tend to have more grit. 
D) Mindset is unrelated to grit. 
A) Those with a growth mindset tend to have less grit. 
B) Those with a fixed mindset tend to have more grit. 
C) Those with a growth mindset tend to have more grit. 
D) Mindset is unrelated to grit.

Question 8

In the context of grit,working tirelessly in the face of challenges and toward the achievement of long-term goals is called ______.

Accepted Answer

A) courage 
B) excellence 
C) conscientiousness 
D) perseverance 
A) courage 
B) excellence 
C) conscientiousness 
D) perseverance

Question 9

Which of the following describes a blame-free environment?

Accepted Answer

A) an environment where entrepreneurs can never be blamed 
B) an environment where everyone in the business is comfortable admitting mistakes and learning from them 
C) an environment where mistakes are not acknowledged or discussed 
D) an environment where blame is always directed at the entrepreneur rather than the employee 
A) an environment where entrepreneurs can never be blamed 
B) an environment where everyone in the business is comfortable admitting mistakes and learning from them 
C) an environment where mistakes are not acknowledged or discussed 
D) an environment where blame is always directed at the entrepreneur rather than the employee

Question 10

Cultural differences may influence the way we approach failure.

Accepted Answer

A) True 
 B)False

Question 11

In the context of grit,the commitment to long-term goals through purposeful deliberate practice is called ______.

Accepted Answer

A) resilience 
B) excellence 
C) conscientiousness 
D) perseverance 
A) resilience 
B) excellence 
C) conscientiousness 
D) perseverance

Question 12

According to The Global Entrepreneurship Monitor report,the fear of failure in the United States is higher than in which of the following?

Accepted Answer

A) Angola 
B) India 
C) Greece 
D) Morocco 
A) Angola 
B) India 
C) Greece 
D) Morocco

Question 13

According to the text,we don't always hear about the reasons for business failures because ______.

Accepted Answer

A) expressing the emotions of failure is difficult,as admitting failure is unpleasant 
B) people may be unaware of their role in the failure 
C) people blame external reasons for their failure 
D) no one is interested in hearing about failures 
A) expressing the emotions of failure is difficult,as admitting failure is unpleasant 
B) people may be unaware of their role in the failure 
C) people blame external reasons for their failure 
D) no one is interested in hearing about failures

Question 14

Informing people of what is and is not an acceptable mistake will help create a blame-free environment.

Accepted Answer

A) True 
 B)False

Question 15

When people feel comfortable enough to report failures,it is a sign that there is a successful blame-free environment.

Accepted Answer

A) True 
 B)False

Question 16

Once you establish the extent of your fear of failure,which of the following would be a good step toward coping with it?

Accepted Answer

A) Deliberately allow yourself to feel the fear. 
B) Try to suppress your fear. 
C) Try to distract yourself so you don't feel your fear. 
D) Pretend you are fearless. 
A) Deliberately allow yourself to feel the fear. 
B) Try to suppress your fear. 
C) Try to distract yourself so you don't feel your fear. 
D) Pretend you are fearless.

Question 17

Why would a growth mindset contribute to a person's grit?

Accepted Answer

A) Both are a way to measure intelligence. 
B) A desire to learn will help overcome failure and allow the person to persevere. 
C) People with a growth mindset need to make things perfect. 
D) People with grit will keep doing the same thing repeatedly. 
A) Both are a way to measure intelligence. 
B) A desire to learn will help overcome failure and allow the person to persevere. 
C) People with a growth mindset need to make things perfect. 
D) People with grit will keep doing the same thing repeatedly.

Question 18

According to The Global Entrepreneurship Monitor report,people in what area of the world have the highest percentage of perceived opportunities?

Accepted Answer

A) Africa 
B) Oceania 
C) Asia 
D) Europe 
A) Africa 
B) Oceania 
C) Asia 
D) Europe

Question 19

Theranos,the blood testing company,is a high-profile example of deviance.

Accepted Answer

A) True 
 B)False

Question 20

Grit combines with deliberate practice to help the entrepreneur achieve success.

Accepted Answer

A) True 
 B)False

Failures that provide valuable new knowledge that can help a startup innovate and stride ahead of its competition are best described as ______.

Which of the following is a positive step toward building a blame-free environment?

Describe the steps you can take to create a blame-free environment.

Two college friends started a company.While they were friends,they had never worked together.Why might their company fail?

Maternal irritability and paternal absence may contribute to a child's fear of failure.

Because of their personalities,entrepreneurs do not experience the emotional pain of failure.

Based upon Angela Lee Duckworth's research on children,what is the relationship between mindset and grit?

In the context of grit,working tirelessly in the face of challenges and toward the achievement of long-term goals is called ______.

Which of the following describes a blame-free environment?

Cultural differences may influence the way we approach failure.

In the context of grit,the commitment to long-term goals through purposeful deliberate practice is called ______.

According to The Global Entrepreneurship Monitor report,the fear of failure in the United States is higher than in which of the following?

According to the text,we don't always hear about the reasons for business failures because ______.

Informing people of what is and is not an acceptable mistake will help create a blame-free environment.

When people feel comfortable enough to report failures,it is a sign that there is a successful blame-free environment.

Once you establish the extent of your fear of failure,which of the following would be a good step toward coping with it?

Why would a growth mindset contribute to a person's grit?

According to The Global Entrepreneurship Monitor report,people in what area of the world have the highest percentage of perceived opportunities?

Theranos,the blood testing company,is a high-profile example of deviance.

Grit combines with deliberate practice to help the entrepreneur achieve success.

Practicing Entrepreneurship

Activating an Entrepreneurial Mindset

Creating and Recognizing New Opportunities

Using Design Thinking

Building Business Models

Developing Your Customers

Testing and Experimenting With New Ideas

Developing Networks and Building Teams

Creating Revenue Models

Planning for Entrepreneurs

Bootstrapping and Crowdfunding for Resources

Financing for Startups

Navigating Legal and Ip Issues

Engaging Customers Through Marketing

Supporting Social Entrepreneurship

Financial Statements and Projections for Startups

The Pitch Deck

Filters

Exam 11: Anticipating Failure

Failures that provide valuable new knowledge that can help a startup innovate and stride ahead of its competition are best described as ______.

Which of the following is a positive step toward building a blame-free environment?

Describe the steps you can take to create a blame-free environment.

Two college friends started a company.While they were friends,they had never worked together.Why might their company fail?

Maternal irritability and paternal absence may contribute to a child's fear of failure.

Because of their personalities,entrepreneurs do not experience the emotional pain of failure.

Based upon Angela Lee Duckworth's research on children,what is the relationship between mindset and grit?

In the context of grit,working tirelessly in the face of challenges and toward the achievement of long-term goals is called ______.

Which of the following describes a blame-free environment?

Cultural differences may influence the way we approach failure.

In the context of grit,the commitment to long-term goals through purposeful deliberate practice is called ______.

According to The Global Entrepreneurship Monitor report,the fear of failure in the United States is higher than in which of the following?

According to the text,we don't always hear about the reasons for business failures because ______.

Informing people of what is and is not an acceptable mistake will help create a blame-free environment.

When people feel comfortable enough to report failures,it is a sign that there is a successful blame-free environment.

Once you establish the extent of your fear of failure,which of the following would be a good step toward coping with it?

Why would a growth mindset contribute to a person's grit?

According to The Global Entrepreneurship Monitor report,people in what area of the world have the highest percentage of perceived opportunities?

Theranos,the blood testing company,is a high-profile example of deviance.

Grit combines with deliberate practice to help the entrepreneur achieve success.

Practicing Entrepreneurship

Activating an Entrepreneurial Mindset

Creating and Recognizing New Opportunities

Using Design Thinking

Building Business Models

Developing Your Customers

Testing and Experimenting With New Ideas

Developing Networks and Building Teams

Creating Revenue Models

Planning for Entrepreneurs

Bootstrapping and Crowdfunding for Resources

Financing for Startups

Navigating Legal and Ip Issues

Engaging Customers Through Marketing

Supporting Social Entrepreneurship

Financial Statements and Projections for Startups

The Pitch Deck

Filters