Exam 1: Practicing Entrepreneurship

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Robert has a business that he wants to pass down to others in his family to run.Robert has ______.

(Multiple Choice)
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High performers use ______ to carry out carefully focused efforts to improve performance.

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Social entrepreneurs ______.

(Multiple Choice)
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According to the text,what is the key to entrepreneurship?

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______ are people who start several businesses,whether at the same time or one after the other.

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According to the authors,entrepreneurship is best taught as a linear process that will lead to a specific destination.

(True/False)
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According to the authors,anything you do that requires deliberate practice helps develop ______,which is/are transferable to entrepreneurship.

(Multiple Choice)
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A temporary organization in search of a scalable business model is known as a(n)______.

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Which social entrepreneur and Nobel Prize Winner said,"All human beings are entrepreneurs.When we were in the caves,we were all self-employed…finding our food,feeding ourselves"?

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The entrepreneurial method requires consistent practice so that ______ can be continuously developed and applied to future endeavors.

(Multiple Choice)
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Paulina bought a small print shop and is very successful,but because she purchased an existing business,she is not considered an entrepreneur.

(True/False)
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Joan has pursued seven money-making ventures over the past 10 years,ranging from retail storefronts to mobile app development.Joan is a "serial entrepreneur."

(True/False)
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A franchise is a type of license purchased by a franchisee from a franchisor to allow them to trade under the name of that business.

(True/False)
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Why are collaboration and information sharing more important entrepreneurial skills than determination or opportunity recognition?

(Essay)
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In the Entrepreneurship Method,______ requires thinking about and analyzing existing information.

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Scientific evidence has proven that a specific set of traits distinguishes entrepreneurs from non-entrepreneurs.

(True/False)
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The nonprofit "1001 Fountains for Tomorrow," whose goal is to provide safe drinking water for small rural villages in Cambodia,is an example of ______.

(Multiple Choice)
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An entrepreneur can own his or her own business or work in a corporation with an entrepreneurial spirit.

(True/False)
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To be certified as a benefit corporation (or B-Corp),an organization is rated on which of the following?

(Multiple Choice)
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According to the authors,a student should take action and practice entrepreneurship ______.

(Multiple Choice)
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