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

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Every person has the _____ and _____ to pursue a career as an entrepreneur.

(Multiple Choice)
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Discuss the specific areas of entrepreneurial risk.

(Essay)
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A loss orientation toward grief recovery in dealing with failure can sometimes lessen negative emotional reactions.

(True/False)
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In science, _____ refers to mental processes.

(Multiple Choice)
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One could correlate _____ with a high energy level.

(Multiple Choice)
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Name the sources of entrepreneurial stress, and discuss some ways to deal with stress.

(Essay)
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Areas of risk to the entrepreneur include

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Describe the "dark side" of entrepreneurship.

(Essay)
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Which of the following statements is false?

(Multiple Choice)
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A code of conduct is a statement of ethical practices or guidelines to which an enterprise adheres.

(True/False)
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One of the most important reasons firms want to adhere to a high moral code is that doing so protects the free enterprise system and is good business.

(True/False)
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Inexperience and incompetent management are the main reasons for failure.

(True/False)
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If an entrepreneur believes in himself/herself and that their accomplishments and setbacks are within their own control, they possess a(n)

(Multiple Choice)
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Entrepreneurs always know that, as individuals, they must remain less important than the venture.

(True/False)
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Which of the following may be the greatest risk to the well-being of the entrepreneur?

(Multiple Choice)
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In the Monroy-Folger model of risk typology, profit-seeking activity is associated with a _____ desire to _____.

(Multiple Choice)
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Which of the following characteristic(s) that propel entrepreneurs into success can be exhibited to the "extreme"?

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Characteristics often attributed to the entrepreneur include

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Role distortion deals with morally questionable acts that are committed "for the firm."

(True/False)
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According to the research, the entrepreneur's expectations are not compared with the actual or perceived outcomes of the firm.

(True/False)
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