Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

GreenBox, a company that recycles paper products to make cardboard cartons, has introduced a new product that resists damage by moisture. GreenBox can expect that:

Accepted Answer

A)  this innovation will resist competitors' attempts to imitate it. 
B)  its investors will react positively to the introduction of the new product because of the potential for higher returns. 
C)  its investors will react negatively because of the risk and cost entailed in introducing a new product. 
D)  this will be recognized in the industry as a radical innovation. 
A)  this innovation will resist competitors' attempts to imitate it. 
B)  its investors will react positively to the introduction of the new product because of the potential for higher returns. 
C)  its investors will react negatively because of the risk and cost entailed in introducing a new product. 
D)  this will be recognized in the industry as a radical innovation.

Question 3

3M's Cubitron II, described as "an industrial abrasive that cuts faster, lasts longer, sharpens itself, and requires less elbow grease than any other abrasive on the market" is an example of:

Accepted Answer

A)  imitation of a competitor's product. 
B)  a novel innovation. 
C)  an incremental innovation. 
D)  a(n) innovation created through a cooperative strategy. 
A)  imitation of a competitor's product. 
B)  a novel innovation. 
C)  an incremental innovation. 
D)  a(n) innovation created through a cooperative strategy.

Question 4

____ involves internally developed incremental and novel innovations that result from deliberate efforts.

Accepted Answer

A)  Internal corporate venturing 
B)  Autonomous strategic behaviors 
C)  Bottom-up strategic behaviors 
D)  Product championing 
A)  Internal corporate venturing 
B)  Autonomous strategic behaviors 
C)  Bottom-up strategic behaviors 
D)  Product championing

Question 5

Political activity that is centered on the allocation of resources to the different functions may limit the effective use of cross-functional teams.

Accepted Answer

A) True 
 B)False

Question 6

Entrepreneurs tend to have all the following characteristics EXCEPT:

Accepted Answer

A)  willing to take responsibility for projects. 
B)  passion. 
C)  preference for certainly about projects. 
D)  optimism. 
A)  willing to take responsibility for projects. 
B)  passion. 
C)  preference for certainly about projects. 
D)  optimism.

Question 7

Autonomous strategic behavior is a(n) ____ process in which product champions pursue new ideas.

Accepted Answer

A)  top-down 
B)  horizontal 
C)  integrated 
D)  bottom-up 
A)  top-down 
B)  horizontal 
C)  integrated 
D)  bottom-up

Question 8

Corporate entrepreneurship describes the opportunity seeking and exploitation of innovations in new start-up enterprises.

Accepted Answer

A) True 
 B)False

Question 9

The competition for resources among those representing different organizational functions within a firm often leads to:

Accepted Answer

A)  erosion of social capital. 
B)  heightened communication. 
C)  organizational politics. 
D)  empowerment of organizational members. 
A)  erosion of social capital. 
B)  heightened communication. 
C)  organizational politics. 
D)  empowerment of organizational members.

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

GreenBox, a company that recycles paper products to make cardboard cartons, has introduced a new product that resists damage by moisture. GreenBox can expect that:

3M's Cubitron II, described as "an industrial abrasive that cuts faster, lasts longer, sharpens itself, and requires less elbow grease than any other abrasive on the market" is an example of:

____ involves internally developed incremental and novel innovations that result from deliberate efforts.

Political activity that is centered on the allocation of resources to the different functions may limit the effective use of cross-functional teams.

Entrepreneurs tend to have all the following characteristics EXCEPT:

Autonomous strategic behavior is a(n) ____ process in which product champions pursue new ideas.

Corporate entrepreneurship describes the opportunity seeking and exploitation of innovations in new start-up enterprises.

The competition for resources among those representing different organizational functions within a firm often leads to:

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

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

GreenBox, a company that recycles paper products to make cardboard cartons, has introduced a new product that resists damage by moisture. GreenBox can expect that:

3M's Cubitron II, described as "an industrial abrasive that cuts faster, lasts longer, sharpens itself, and requires less elbow grease than any other abrasive on the market" is an example of:

____ involves internally developed incremental and novel innovations that result from deliberate efforts.

Political activity that is centered on the allocation of resources to the different functions may limit the effective use of cross-functional teams.

Entrepreneurs tend to have all the following characteristics EXCEPT:

Autonomous strategic behavior is a(n) ____ process in which product champions pursue new ideas.

Corporate entrepreneurship describes the opportunity seeking and exploitation of innovations in new start-up enterprises.

The competition for resources among those representing different organizational functions within a firm often leads to:

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