Exam 13: Strategic Entrepreneurship

Bill Kroganski is the owner of a moderately successful industrial services firm.His reaction to the introduction of a new process technology that could be a direct competitor to the process his firm utilizes is fear.He spends his time considering ways to isolate his firm from this new technology.Bill has characteristics consistent with the entrepreneurial mind-set.

(True/False)

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Question 41

Because it replaces existing products and methods of production, entrepreneurship is a process of:

(Multiple Choice)

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Question 42

The main risk in a strategic alliance is that:

(Multiple Choice)

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Question 43

What is an entrepreneurial mind-set and how can it be a source of competitive advantage for a firm?

(Essay)

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Question 44

As a process, entrepreneurship results in the "creative destruction" of existing products (goods or services) or methods of producing them and replaces them with new products and production methods.

(True/False)

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Question 45

The number of patents held by an organization is a rough guide to the:

(Multiple Choice)

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Question 46

In order to be successful, a new entrepreneurial enterprise should be sheltered from the global environment until it is firmly established in domestic markets.

(True/False)

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Question 47

An organization engaging in strategic entrepreneurship focuses on identifying opportunities that it can exploit through innovations.

(True/False)

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Question 48

If the firm's current employees are well-trained in their jobs, but also have the ability to understand and apply new knowledge, these employees have:

(Multiple Choice)

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Question 49

__________ is one reason for the different rates of entrepreneurship among countries across the globe.

(Multiple Choice)

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Question 50

An innovation developed through autonomous strategic behavior will probably take the firm into new markets not addressed by its current strategy.

(True/False)

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Question 51

The development of the original personal computer (PC) was a(n) innovation at the time, whereas adding a different kind of whitening agent to a soap detergent is an example of a(n) innovation.

(Multiple Choice)

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Question 52

The new abrasive, Cubitron II, was developed through cooperative relationships among 3M business units.As such, Cubitron II is an example of:

(Multiple Choice)

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Question 53

Internal corporate venturing does NOT involve:

(Multiple Choice)

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Question 54

For which of the following reasons have large pharmaceutical companies been forming alliances with biotechnology companies?

(Multiple Choice)

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Question 55

Value creation through internal innovation originates with:

(Multiple Choice)

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Question 56

The dimensions on which functional departments can vary include all of the following EXCEPT __________ orientation.

(Multiple Choice)

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Question 57

__________ are individuals, acting independently or as part of an organization, who perceive an entrepreneurial opportunity and then take risks to develop an innovation and exploit it.

(Multiple Choice)

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Question 58

Regarding partnering in cooperative alliances, entrepreneurial new companies may seek , while more established companies may need .

(Multiple Choice)

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Question 59

Roland has developed and patented an inexpensive and organic way to enhance the fertility of clay soils without the addition of chemical fertilizers.Established agricultural chemical companies have rejected his proposals.After six months of promoting his invention during his time off from his regular job, Roland has decided to set his dream aside.Roland lacks a key characteristic of successful entrepreneurs, which is:

(Multiple Choice)

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Question 60

Showing 41 - 60 of 107

Because it replaces existing products and methods of production, entrepreneurship is a process of:

The main risk in a strategic alliance is that:

What is an entrepreneurial mind-set and how can it be a source of competitive advantage for a firm?

As a process, entrepreneurship results in the "creative destruction" of existing products (goods or services) or methods of producing them and replaces them with new products and production methods.

The number of patents held by an organization is a rough guide to the:

In order to be successful, a new entrepreneurial enterprise should be sheltered from the global environment until it is firmly established in domestic markets.

An organization engaging in strategic entrepreneurship focuses on identifying opportunities that it can exploit through innovations.

If the firm's current employees are well-trained in their jobs, but also have the ability to understand and apply new knowledge, these employees have:

__________ is one reason for the different rates of entrepreneurship among countries across the globe.

An innovation developed through autonomous strategic behavior will probably take the firm into new markets not addressed by its current strategy.

The development of the original personal computer (PC) was a(n) innovation at the time, whereas adding a different kind of whitening agent to a soap detergent is an example of a(n) innovation.

The new abrasive, Cubitron II, was developed through cooperative relationships among 3M business units.As such, Cubitron II is an example of:

Internal corporate venturing does NOT involve:

For which of the following reasons have large pharmaceutical companies been forming alliances with biotechnology companies?

Value creation through internal innovation originates with:

The dimensions on which functional departments can vary include all of the following EXCEPT __________ orientation.

__________ are individuals, acting independently or as part of an organization, who perceive an entrepreneurial opportunity and then take risks to develop an innovation and exploit it.

Regarding partnering in cooperative alliances, entrepreneurial new companies may seek , while more established companies may need .

Strategic Management and Strategic Competitiveness

The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis

The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages

Business-Level Strategy

Competitive Rivalry and Competitive Dynamics

Corporate-Level Strategy

Merger and Acquisition Strategies

International Strategy

Cooperative Strategy

Corporate Governance

Organizational Structure and Controls

Strategic Leadership

Filters

Exam 13: Strategic Entrepreneurship

Because it replaces existing products and methods of production, entrepreneurship is a process of:

The main risk in a strategic alliance is that:

What is an entrepreneurial mind-set and how can it be a source of competitive advantage for a firm?

As a process, entrepreneurship results in the "creative destruction" of existing products (goods or services) or methods of producing them and replaces them with new products and production methods.

The number of patents held by an organization is a rough guide to the:

In order to be successful, a new entrepreneurial enterprise should be sheltered from the global environment until it is firmly established in domestic markets.

An organization engaging in strategic entrepreneurship focuses on identifying opportunities that it can exploit through innovations.

If the firm's current employees are well-trained in their jobs, but also have the ability to understand and apply new knowledge, these employees have:

__________ is one reason for the different rates of entrepreneurship among countries across the globe.

An innovation developed through autonomous strategic behavior will probably take the firm into new markets not addressed by its current strategy.

The development of the original personal computer (PC) was a(n) __________ innovation at the time, whereas adding a different kind of whitening agent to a soap detergent is an example of a(n) __________ innovation.

The new abrasive, Cubitron II, was developed through cooperative relationships among 3M business units.As such, Cubitron II is an example of:

Internal corporate venturing does NOT involve:

For which of the following reasons have large pharmaceutical companies been forming alliances with biotechnology companies?

Value creation through internal innovation originates with:

The dimensions on which functional departments can vary include all of the following EXCEPT __________ orientation.

__________ are individuals, acting independently or as part of an organization, who perceive an entrepreneurial opportunity and then take risks to develop an innovation and exploit it.

Regarding partnering in cooperative alliances, entrepreneurial new companies may seek __________, while more established companies may need __________.

Strategic Management and Strategic Competitiveness

The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis

The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages

Business-Level Strategy

Competitive Rivalry and Competitive Dynamics

Corporate-Level Strategy

Merger and Acquisition Strategies

International Strategy

Cooperative Strategy

Corporate Governance

Organizational Structure and Controls

Strategic Leadership

Filters

The development of the original personal computer (PC) was a(n) innovation at the time, whereas adding a different kind of whitening agent to a soap detergent is an example of a(n) innovation.

Regarding partnering in cooperative alliances, entrepreneurial new companies may seek , while more established companies may need .