Exam 2: The Entrepreneurial Mind-Set in Individuals: Cognition and Ethics

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The entrepreneur's internal locus of control means that the typical strong desire for control over the venture rarely becomes a corruptive force.

(True/False)
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Entrepreneurs often display unrealistic optimism.

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In starting or buying a new business, the higher the rewards, the

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Entrepreneurs typically have enough confidence to believe that they can make a difference in the final outcome of their ventures.

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One trait not common in entrepreneurs is being

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Which of the following statements about team building is true?

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Morals and law are not synonymous but may be viewed as two circles that are partially superimposed upon each other.

(True/False)
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When entrepreneurs believe that their accomplishments and setbacks are within their own control and influence, they are exhibiting

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Entrepreneurship presents psychological risks, but not physical risks.

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There are many risks in entrepreneurship.

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Today's entrepreneurs are faced with few ethical decisions because the legal system imposes greater penalties on wrongdoers.

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With psychological risk, you fear

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Entrepreneurs like to remain alert to competition, customers, and government regulations, but this continual scanning of the environment can lead to a negative sense of distrust.

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Which of the following is not an aspect of the "dark side" of entrepreneurship?

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Which of the following statements about entrepreneurs is false?

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Which of the following is not a common characteristic of entrepreneurs?

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The decision to behave entrepreneurially is the result of the interaction of

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With persistent problem solving, entrepreneurs

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Nonrole acts are those acts against a firm in which the person fails to perform his or her managerial role.

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A good trait for an entrepreneur is to be a calculated risk taker.

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