Question 1

Perceived desirability refers to the degree to which an individual has a favorable or unfavorable evaluation of the potential entrepreneurial outcomes.

Accepted Answer

A) True 
 B)False

Question 2

An entrepreneur is rarely able to start a new business without some form of formal education.

Accepted Answer

A) True 
 B)False

Question 3

The causal process of thinking:

Accepted Answer

A)  starts with a desired outcome and focuses on the possible means to generate that outcome. 
B)  starts with what one has and selects among possible outcomes. 
C)  involves bricolage. 
D)  starts with brainstorming by meeting with industry professionals. 
A)  starts with a desired outcome and focuses on the possible means to generate that outcome. 
B)  starts with what one has and selects among possible outcomes. 
C)  involves bricolage. 
D)  starts with brainstorming by meeting with industry professionals.

Question 4

In the McMullen-Shepherd Model first-person opportunity beliefs come before third-person opportunity beliefs.

Accepted Answer

A) True 
 B)False

Question 5

Density,in regards to a social network,refers to:

Accepted Answer

A)  the extensiveness of ties between two individuals. 
B)  the total number of individuals in the network. 
C)  the distance of connection between the entrepreneur and contact. 
D)  the fact that most networks are informal and not well organized. 
A)  the extensiveness of ties between two individuals. 
B)  the total number of individuals in the network. 
C)  the distance of connection between the entrepreneur and contact. 
D)  the fact that most networks are informal and not well organized.

Question 6

Entrepreneurial thinking is partly a mental process of recognizing a signal and then deciding if the signal represents an opportunity for someone.

Accepted Answer

A) True 
 B)False

Question 7

Define superficial similarities and structural similarities.Which of the two is considered the more challenging for entrepreneurs

Accepted Answer

1.Superficial similarities exist when th

Question 8

Role models are individuals who give psychological support to the entrepreneur especially during the start-up phase.

Accepted Answer

A) True 
 B)False

Question 9

When entrepreneurs make do by applying combinations of the resources at hand to new problems and opportunities,this is known as:

Accepted Answer

A)  sustainable entrepreneurship 
B)  perceived desirability 
C)  entrepreneurial intentions 
D)  bricolage 
A)  sustainable entrepreneurship 
B)  perceived desirability 
C)  entrepreneurial intentions 
D)  bricolage

Question 10

Comprehension questions are designed to stimulate entrepreneurs to think about their own understanding of the nature of the environment.

Accepted Answer

A) True 
 B)False

Question 11

Which among the following aspects most affects an entrepreneur's perception of feasibility

Accepted Answer

A)  Locus of control 
B)  Learning style 
C)  Perceived desirability 
D)  Self-efficacy 
A)  Locus of control 
B)  Learning style 
C)  Perceived desirability 
D)  Self-efficacy

Question 12

Entrepreneurial thinking partly is about reducing doubt as to whether an opportunity for someone is also an opportunity for them specifically,and/or processing feedback from action steps taken.

Accepted Answer

A) True 
 B)False

Question 13

The question "What is this technology all about
" is a comprehension question.

Accepted Answer

A) True 
 B)False

Question 14

________ are designed to stimulate thought about entrepreneurs' understanding and feelings as they progress through the entrepreneurial process.

Accepted Answer

A)  Strategic questions 
B)  Connection tasks 
C)  Reflection tasks 
D)  Comprehension questions 
A)  Strategic questions 
B)  Connection tasks 
C)  Reflection tasks 
D)  Comprehension questions

Question 15

Describe sustainable entrepreneurship and give a few examples of economic,environmental,and social gains it can generate for others.

Accepted Answer

Sustainable entrepreneurship focuses on

Question 16

Asking "How is this problem similar to problems I've already solved"
 is an example of a connection task.

Accepted Answer

A) True 
 B)False

Question 17

Explain the McMullen-Shepherd Model.

Accepted Answer

1.Model explains how knowledge and motiv

Question 18

Superficial similarities exist when the underlying mechanisms of the technology resemble,or match,the underlying mechanisms of the market.

Accepted Answer

A) True 
 B)False

Question 19

The moral support network is different from the professional support network in that:

Accepted Answer

A)  a professional support network includes finding a mentor. 
B)  moral support is less important than professional support. 
C)  only the "cheering squad" provides moral support. 
D)  a moral support network comprises only of personal contacts. 
A)  a professional support network includes finding a mentor. 
B)  moral support is less important than professional support. 
C)  only the "cheering squad" provides moral support. 
D)  a moral support network comprises only of personal contacts.

Question 20

In Stage Two of the McMullen-Shepherd Model:

Accepted Answer

A)  the entrepreneur deals with the business failure through counseling. 
B)  the entrepreneur decides whether or not there is an opportunity for him or her personally. 
C)  the entrepreneur goes through the causal process of thinking structurally. 
D)  the entrepreneur consults colleagues from previous jobs. 
A)  the entrepreneur deals with the business failure through counseling. 
B)  the entrepreneur decides whether or not there is an opportunity for him or her personally. 
C)  the entrepreneur goes through the causal process of thinking structurally. 
D)  the entrepreneur consults colleagues from previous jobs.

Perceived desirability refers to the degree to which an individual has a favorable or unfavorable evaluation of the potential entrepreneurial outcomes.

An entrepreneur is rarely able to start a new business without some form of formal education.

The causal process of thinking:

In the McMullen-Shepherd Model first-person opportunity beliefs come before third-person opportunity beliefs.

Density,in regards to a social network,refers to:

Entrepreneurial thinking is partly a mental process of recognizing a signal and then deciding if the signal represents an opportunity for someone.

Define superficial similarities and structural similarities.Which of the two is considered the more challenging for entrepreneurs

Role models are individuals who give psychological support to the entrepreneur especially during the start-up phase.

When entrepreneurs make do by applying combinations of the resources at hand to new problems and opportunities,this is known as:

Comprehension questions are designed to stimulate entrepreneurs to think about their own understanding of the nature of the environment.

Which among the following aspects most affects an entrepreneur's perception of feasibility

Entrepreneurial thinking partly is about reducing doubt as to whether an opportunity for someone is also an opportunity for them specifically,and/or processing feedback from action steps taken.

The question "What is this technology all about " is a comprehension question.

________ are designed to stimulate thought about entrepreneurs' understanding and feelings as they progress through the entrepreneurial process.

Describe sustainable entrepreneurship and give a few examples of economic,environmental,and social gains it can generate for others.

Asking "How is this problem similar to problems I've already solved" is an example of a connection task.

Explain the McMullen-Shepherd Model.

Superficial similarities exist when the underlying mechanisms of the technology resemble,or match,the underlying mechanisms of the market.

The moral support network is different from the professional support network in that:

In Stage Two of the McMullen-Shepherd Model:

Corporate Entrepreneurship

Generating and Exploiting New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Protecting the Idea and Other Legal Issues for the Entrepreneur

The Business Plan: Creating and Starting the Venture

The Marketing Plan

The Organizational Plan

The Financial Plan

Sources of Capital

Informal Risk Capital, Venture Capital, and Going Public

Strategies for Growth and Managing the Implication of Growth

Accessing Resources for Growth From External Sources

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters

Exam 1: The Entrepreneurial Mind-Set

Perceived desirability refers to the degree to which an individual has a favorable or unfavorable evaluation of the potential entrepreneurial outcomes.

An entrepreneur is rarely able to start a new business without some form of formal education.

The causal process of thinking:

In the McMullen-Shepherd Model first-person opportunity beliefs come before third-person opportunity beliefs.

Density,in regards to a social network,refers to:

Entrepreneurial thinking is partly a mental process of recognizing a signal and then deciding if the signal represents an opportunity for someone.

Define superficial similarities and structural similarities.Which of the two is considered the more challenging for entrepreneurs

Role models are individuals who give psychological support to the entrepreneur especially during the start-up phase.

When entrepreneurs make do by applying combinations of the resources at hand to new problems and opportunities,this is known as:

Comprehension questions are designed to stimulate entrepreneurs to think about their own understanding of the nature of the environment.

Which among the following aspects most affects an entrepreneur's perception of feasibility

Entrepreneurial thinking partly is about reducing doubt as to whether an opportunity for someone is also an opportunity for them specifically,and/or processing feedback from action steps taken.

The question "What is this technology all about " is a comprehension question.

________ are designed to stimulate thought about entrepreneurs' understanding and feelings as they progress through the entrepreneurial process.

Describe sustainable entrepreneurship and give a few examples of economic,environmental,and social gains it can generate for others.

Asking "How is this problem similar to problems I've already solved" is an example of a connection task.

Explain the McMullen-Shepherd Model.

Superficial similarities exist when the underlying mechanisms of the technology resemble,or match,the underlying mechanisms of the market.

The moral support network is different from the professional support network in that:

In Stage Two of the McMullen-Shepherd Model:

Corporate Entrepreneurship

Generating and Exploiting New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Protecting the Idea and Other Legal Issues for the Entrepreneur

The Business Plan: Creating and Starting the Venture

The Marketing Plan

The Organizational Plan

The Financial Plan

Sources of Capital

Informal Risk Capital, Venture Capital, and Going Public

Strategies for Growth and Managing the Implication of Growth

Accessing Resources for Growth From External Sources

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters