A) potential errors in our thinking that result from the same general tendency to conserve our limited processing capacity. B) the tendencies to assume that our fate is under our control to a greater extent than is actually the case. C) simple rules for making complex decisions or drawing inferences in a rapid and seemingly effortless manner. D) images that we store in our minds to help us recall facts that we may need in the future. E) all of the above. A) potential errors in our thinking that result from the same general tendency to conserve our limited processing capacity. B) the tendencies to assume that our fate is under our control to a greater extent than is actually the case. C) simple rules for making complex decisions or drawing inferences in a rapid and seemingly effortless manner. D) images that we store in our minds to help us recall facts that we may need in the future. E) all of the above.

A) the tendency to believe that we can complete more in a given period of time than we actually can. B) the tendency to notice, process, and remember information that confirms our current beliefs much more readily than information that disconfirms our current beliefs. C) the tendency to assume that our fate is under our control to a greater extent than is actually the case. D) the tendency to think that "tilts" are potential errors in our thinking that result from the same general tendency to conserve our limited processing capacity. E) none of the above. A) the tendency to believe that we can complete more in a given period of time than we actually can. B) the tendency to notice, process, and remember information that confirms our current beliefs much more readily than information that disconfirms our current beliefs. C) the tendency to assume that our fate is under our control to a greater extent than is actually the case. D) the tendency to think that "tilts" are potential errors in our thinking that result from the same general tendency to conserve our limited processing capacity. E) none of the above.

Exam 3: Cognitive Foundations of Entrepreneurship: Creativity and Opportunity Recognition

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Although many approaches to understanding the utilization of information exist,among them a cognitive perspective is especially helpful.

(True/False)

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Question 41

The illusion of control refers to the tendency to assume that our fate is under our control to a greater extent than is actually the case,to believe that we have more control over what happens to us than rational considerations suggest.

(True/False)

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Question 42

The production of ideas for something new is called

(Multiple Choice)

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Question 43

A way in which concepts can be changed or expanded is through

(Multiple Choice)

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Question 44

________ holds a limited amount of information for brief periods of time.

(Multiple Choice)

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Question 45

The more experience people have in a particular field,the more likely that they will be able to identify opportunities in it.

(True/False)

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Question 46

A person visualizes certain types of cars when he hears the word "vehicle." In recalling the certain types of cars,the person is using the cognitive framework called

(Multiple Choice)

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Question 47

Analogies involve perceiving similarities between objects or events that are otherwise dissimilar.

(True/False)

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Question 48

Explain why a person who is more optimistic might be more likely to recognize opportunities than a person who is less optimistic.

(Essay)

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Question 49

Heuristics are

(Multiple Choice)

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Question 50

Making decisions and solving problems are the result of the process of human cognition.

(True/False)

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Question 51

Long-term memory allows us to retain large amounts of information for long periods of time.

(True/False)

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Question 52

Confirmation bias is

(Multiple Choice)

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Question 53

For something to be the result of creativity,it must be considered original,but does not have to be practical.

(True/False)

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Question 54

Simple rules that guide in making complex decisions are known as

(Multiple Choice)

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Question 55

Cognitive frameworks representing our knowledge and assumptions about specific aspects of the world are

(Multiple Choice)

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Question 56

Discuss the idea of prototypes and explain how prototypes could help or hinder creativity.

(Essay)

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Question 57

In order for something to be considered a result of creativity,it must be

(Multiple Choice)

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Question 58

Idea generation is defined as the process through which individuals conclude that they have identified the potential to create something new that has the capacity to generate economic value.

(True/False)

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Question 59

Three dangerous potential errors in our thinking that result from the same general tendency to conserve our limited processing capacity are

(Multiple Choice)

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Question 60

Showing 41 - 60 of 60

Although many approaches to understanding the utilization of information exist,among them a cognitive perspective is especially helpful.

The illusion of control refers to the tendency to assume that our fate is under our control to a greater extent than is actually the case,to believe that we have more control over what happens to us than rational considerations suggest.

The production of ideas for something new is called

A way in which concepts can be changed or expanded is through

________ holds a limited amount of information for brief periods of time.

The more experience people have in a particular field,the more likely that they will be able to identify opportunities in it.

A person visualizes certain types of cars when he hears the word "vehicle." In recalling the certain types of cars,the person is using the cognitive framework called

Analogies involve perceiving similarities between objects or events that are otherwise dissimilar.

Explain why a person who is more optimistic might be more likely to recognize opportunities than a person who is less optimistic.

Heuristics are

Making decisions and solving problems are the result of the process of human cognition.

Long-term memory allows us to retain large amounts of information for long periods of time.

Confirmation bias is

For something to be the result of creativity,it must be considered original,but does not have to be practical.

Simple rules that guide in making complex decisions are known as

Cognitive frameworks representing our knowledge and assumptions about specific aspects of the world are

Discuss the idea of prototypes and explain how prototypes could help or hinder creativity.

In order for something to be considered a result of creativity,it must be

Idea generation is defined as the process through which individuals conclude that they have identified the potential to create something new that has the capacity to generate economic value.

Three dangerous potential errors in our thinking that result from the same general tendency to conserve our limited processing capacity are

Entrepreneurship:: A Field, an Activity - and a Way of Life

Entrepreneurial Opportunities: Their Origins, Forms, and Suitability For New Ventures

What Entrepreneurs Need to Know Before They Start: Acquiring and Interpreting Information About Markets Competitors and Government

Assembling the Team: Acquiring and Utilizing Essential Human Capital

Financial Resources For New Ventures: How To Get Them, How To Manage Them

Writing An Effective Business Plan: Building A Road Map to Success

Legal Issues Relating To New Ventures: Protecting Your Reputation, Your Assets, And Your Ideas

Marketing in a New Venture

Strategy: Planning For Competitive Advantage

Preparing For And Attaining Growth: Strategies For Building Lasting Success

Managing New Ventures For Growth

Exit Strategies For Entrepreneurs: The Concluding Act

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