Question 1

The micro view is divided into which three theories?

Accepted Answer

A)  entrepreneurial, financial, displacement 
B)  venture opportunity theory, entrepreneurial, strategic 
C)  strategic, environmental, and opportunity 
D)  environmental, financial, and displacement 
A)  entrepreneurial, financial, displacement 
B)  venture opportunity theory, entrepreneurial, strategic 
C)  strategic, environmental, and opportunity 
D)  environmental, financial, and displacement

Question 2

List and categorize the schools of entrepreneurial thought.

Accepted Answer

The schools of entrepreneurial thought c

Question 3

Entrepreneurship is more than the mere creation of a business.

Accepted Answer

A) True 
 B)False

Question 4

Mountain gap strategies refer to:

Accepted Answer

A)  unique  resources 
B)  unique locations 
C)  unique resources 
D)  unique markets 
A)  unique  resources 
B)  unique locations 
C)  unique resources 
D)  unique markets

Question 5

Entrepreneurial traits include which of the following?

Accepted Answer

A)  salesmanship 
B)  initiative 
C)  wealth 
D)  edginess 
A)  salesmanship 
B)  initiative 
C)  wealth 
D)  edginess

Question 6

Entrepreneurs are often very methodical people who plan their moves very carefully.

Accepted Answer

A) True 
 B)False

Question 7

Entrepreneurs are born not made.

Accepted Answer

A) True 
 B)False

Question 8

The macro view of entrepreneurship presents factors exhibiting a strong

Accepted Answer

A)  internal locus of control 
B)  external locus of control 
C)  environmental locus of control 
D)  contemporary locus of control 
A)  internal locus of control 
B)  external locus of control 
C)  environmental locus of control 
D)  contemporary locus of control

Question 9

Entrepreneurs are aggressive catalysts for change within the marketplace.

Accepted Answer

A) True 
 B)False

Question 10

The statement, "with every new venture launched, new and unintended opportunities often arise," would be associated with:

Accepted Answer

A)  the entrepreneurial principle 
B)  the opportunity principle 
C)  the corridor principle 
D)  the Dilbert principle 
A)  the entrepreneurial principle 
B)  the opportunity principle 
C)  the corridor principle 
D)  the Dilbert principle

Question 11

The dynamic states model depicts ventures as

Accepted Answer

A)  being dependent on their environment for survival 
B)  being independent of their environment 
C)  being dependent on their managerial talent 
D)  being independent of their managerial talent 
A)  being dependent on their environment for survival 
B)  being independent of their environment 
C)  being dependent on their managerial talent 
D)  being independent of their managerial talent

Question 12

Define a "gazelle" and discuss some of the impact that gazelles have on the economy.

Accepted Answer

New and smaller firms create the most jo

Question 13

The "corridor principle" states that entrepreneurs often get stuck on one idea.

Accepted Answer

A) True 
 B)False

Question 14

The displacement school of thought focuses on the negative side of group phenomena.

Accepted Answer

A) True 
 B)False

Question 15

Gazelles have been responsible for which of the following:

Accepted Answer

A)  some job growth 
B)  55 percent of innovations 
C)  30 percent of all radical innovations 
D)  most job turnover 
A)  some job growth 
B)  55 percent of innovations 
C)  30 percent of all radical innovations 
D)  most job turnover

Question 16

Gazelles are almost always high tech.

Accepted Answer

A) True 
 B)False

Question 17

Trace the evolution of entrepreneurship, list the persons who wrote about it, and describe its impact on economic development.

Accepted Answer

Entrepreneurship was first recognized by

Question 18

Entrepreneurship involves an interdisciplinary approach.

Accepted Answer

A) True 
 B)False

Question 19

During the past ten years, there were approximately how many business incorporations per year?

Accepted Answer

A)  600,000 
B)  500,000 
C)  700,000 
D)  1 million 
A)  600,000 
B)  500,000 
C)  700,000 
D)  1 million

Question 20

In the study of contemporary entrepreneurship, one concept reoccurs:

Accepted Answer

A)  no one understands the field 
B)  folklore dominates the studies 
C)  there is no theoretical base 
D)  entrepreneurship is interdisciplinary 
A)  no one understands the field 
B)  folklore dominates the studies 
C)  there is no theoretical base 
D)  entrepreneurship is interdisciplinary

The micro view is divided into which three theories?

List and categorize the schools of entrepreneurial thought.

Entrepreneurship is more than the mere creation of a business.

Mountain gap strategies refer to:

Entrepreneurial traits include which of the following?

Entrepreneurs are often very methodical people who plan their moves very carefully.

Entrepreneurs are born not made.

The macro view of entrepreneurship presents factors exhibiting a strong

Entrepreneurs are aggressive catalysts for change within the marketplace.

The statement, "with every new venture launched, new and unintended opportunities often arise," would be associated with:

The dynamic states model depicts ventures as

Define a "gazelle" and discuss some of the impact that gazelles have on the economy.

The "corridor principle" states that entrepreneurs often get stuck on one idea.

The displacement school of thought focuses on the negative side of group phenomena.

Gazelles have been responsible for which of the following:

Gazelles are almost always high tech.

Trace the evolution of entrepreneurship, list the persons who wrote about it, and describe its impact on economic development.

Entrepreneurship involves an interdisciplinary approach.

During the past ten years, there were approximately how many business incorporations per year?

In the study of contemporary entrepreneurship, one concept reoccurs:

The Entrepreneurial Mind-Set in Individuals: Cognition and Ethics

The Entrepreneurial Mind-Set in Organizations: Corporate Entrepreneurship

Social Entrepreneurship and the Global Environment for Entrepreneurship

Innovation: The Creative Pursuit of Ideas

Assessment of Entrepreneurial Opportunities

Pathways to Entrepreneurial Ventures

Sources of Capital for Entrepreneurs

Legal Challenges of Entrepreneurial Ventures

Marketing Challenges for Entrepreneurial Ventures

Financial Preparation for Entrepreneurial Ventures

Developing an Effective Business Plan

Strategic Entrepreneurial Growth

Valuation of Entrepreneurial Ventures

Harvesting the Entrepreneurial Venture

Filters

Exam 1: Entrepreneurship: Evolutionary Development-Revolutionary Impact

The micro view is divided into which three theories?

List and categorize the schools of entrepreneurial thought.

Entrepreneurship is more than the mere creation of a business.

Mountain gap strategies refer to:

Entrepreneurial traits include which of the following?

Entrepreneurs are often very methodical people who plan their moves very carefully.

Entrepreneurs are born not made.

The macro view of entrepreneurship presents factors exhibiting a strong

Entrepreneurs are aggressive catalysts for change within the marketplace.

The statement, "with every new venture launched, new and unintended opportunities often arise," would be associated with:

The dynamic states model depicts ventures as

Define a "gazelle" and discuss some of the impact that gazelles have on the economy.

The "corridor principle" states that entrepreneurs often get stuck on one idea.

The displacement school of thought focuses on the negative side of group phenomena.

Gazelles have been responsible for which of the following:

Gazelles are almost always high tech.

Trace the evolution of entrepreneurship, list the persons who wrote about it, and describe its impact on economic development.

Entrepreneurship involves an interdisciplinary approach.

During the past ten years, there were approximately how many business incorporations per year?

In the study of contemporary entrepreneurship, one concept reoccurs:

The Entrepreneurial Mind-Set in Individuals: Cognition and Ethics

The Entrepreneurial Mind-Set in Organizations: Corporate Entrepreneurship

Social Entrepreneurship and the Global Environment for Entrepreneurship

Innovation: The Creative Pursuit of Ideas

Assessment of Entrepreneurial Opportunities

Pathways to Entrepreneurial Ventures

Sources of Capital for Entrepreneurs

Legal Challenges of Entrepreneurial Ventures

Marketing Challenges for Entrepreneurial Ventures

Financial Preparation for Entrepreneurial Ventures

Developing an Effective Business Plan

Strategic Entrepreneurial Growth

Valuation of Entrepreneurial Ventures

Harvesting the Entrepreneurial Venture

Filters