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

In past generations, people dreamed of prestige and perks associated with executive suites of major corporations, but the millennial generation believes that career success requires them to be more nimble, independent, and entrepreneurial.

A clear pattern among successful entrepreneurs is

Which of the following is not a source of stress according to researchers Boyd and Gumpert?

Entrepreneurs are pessimists who see the cup half empty rather than half full.

The Greek thinker, Chilon, felt that a merchant does better to take a loss than to make a dishonest profit.

Define ethics, and discuss some conflicts over the ethical nature of decisions.

Problems can arise when people believe that laws represent morality.

Which of the following best describes what happens when an entrepreneur becomes an external optimist?

Entrepreneurial persistence is related to

The Greek word ethos means

Which of the following statements is false?

Which of the following is not a trait of a successful entrepreneur?

The metacognitive model of entrepreneurship fails to consider the entrepreneurial mind-set that integrates the combined effects of entrepreneurial motivation.

Commitment, determination, and perseverance are just a few characteristics one needs to become a successful entrepreneur.

Entrepreneurs need not be concerned with establishing strategy for ethical responsibility because they are guided by what established firms do.

Entrepreneurs usually have an internal locus of control.

In smaller ventures, the ethical influence of the owner is more powerful than in larger corporations because his or her leadership is not diffused through layers of management.

Entrepreneurs do not need foresight.

Each and every person has the potential and free choice to pursue a career as an entrepreneur.

How can an entrepreneur establish strategies for ethical responsibility?