Question 1

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 2

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

Accepted Answer

A) True 
 B)False

Question 3

Entrepreneurial action can be defined as those situations in which new goods,services,raw materials and organizing methods can be sold at greater than their production cost.

Accepted Answer

A) True 
 B)False

Question 4

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 5

The casual process of thinking starts with what one has and selects among possible outcomes.

Accepted Answer

A) True 
 B)False

Question 6

Which group in a professional network helps keep a new venture competitive?

Accepted Answer

A) Clients or buyers 
B) Mentors 
C) Trade associations 
D) Suppliers 
A) Clients or buyers 
B) Mentors 
C) Trade associations 
D) Suppliers

Question 7

In a social network there are two major properties,density and centrality.

Accepted Answer

A) True 
 B)False

Question 8

The McMullen-Shepherd Model explains how knowledge and motivation influence two stages of entrepreneurial action.

Accepted Answer

A) True 
 B)False

Question 9

Within the moral-support network,most entrepreneurs indicate that their _____ are their biggest supporters.

Accepted Answer

A) mentors 
B) friends 
C) parents 
D) spouses 
A) mentors 
B) friends 
C) parents 
D) spouses

Question 10

Entrepreneurs' intentions are based on their perception of feasibility rather than someone else's impression of whether it is feasible.

Accepted Answer

A) True 
 B)False

Question 11

In Stage One of the McMullen-Shepherd Model:

Accepted Answer

A) the entrepreneur decides whether or not there is an opportunity for someone. 
B) the entrepreneur consults experts in the market area of interest. 
C) the entrepreneur decides whether the opportunity that exists is a match with their own knowledge and motivation. 
D) the entrepreneur engages in bricolage. 
A) the entrepreneur decides whether or not there is an opportunity for someone. 
B) the entrepreneur consults experts in the market area of interest. 
C) the entrepreneur decides whether the opportunity that exists is a match with their own knowledge and motivation. 
D) the entrepreneur engages in bricolage.

Question 12

Explain the McMullen-Shepherd Model.

Accepted Answer

1.Model explains how knowledge and motiv

Question 13

Most entrepreneurs indicate that their most significant venture was not their first one.

Accepted Answer

A) True 
 B)False

Question 14

How Ewing Kauffman ran his business illustrates corporate entrepreneurship.

Accepted Answer

A) True 
 B)False

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

Comprehension questions are designed to stimulate entrepreneurs to think about their own understanding.

Accepted Answer

A) True 
 B)False

Question 17

Identify and define the 4 types of questions/tasks related to increasing cognitive ability.

Accepted Answer

1.Comprehension questions are designed t

Question 18

Motivation to launch a new venture can arise from all of the following except:

Accepted Answer

A) lack of prior experience. 
B) boredom. 
C) a lack of challenge. 
D) frustration. 
A) lack of prior experience. 
B) boredom. 
C) a lack of challenge. 
D) frustration.

Question 19

Entrepreneurs have stronger intentions to act when taking action is perceived to be impossible and risky.

Accepted Answer

A) True 
 B)False

Question 20

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.

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

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

Entrepreneurial action can be defined as those situations in which new goods,services,raw materials and organizing methods can be sold at greater than their production cost.

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

The casual process of thinking starts with what one has and selects among possible outcomes.

Which group in a professional network helps keep a new venture competitive?

In a social network there are two major properties,density and centrality.

The McMullen-Shepherd Model explains how knowledge and motivation influence two stages of entrepreneurial action.

Within the moral-support network,most entrepreneurs indicate that their _____ are their biggest supporters.

Entrepreneurs' intentions are based on their perception of feasibility rather than someone else's impression of whether it is feasible.

In Stage One of the McMullen-Shepherd Model:

Explain the McMullen-Shepherd Model.

Most entrepreneurs indicate that their most significant venture was not their first one.

How Ewing Kauffman ran his business illustrates corporate entrepreneurship.

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

Comprehension questions are designed to stimulate entrepreneurs to think about their own understanding.

Identify and define the 4 types of questions/tasks related to increasing cognitive ability.

Motivation to launch a new venture can arise from all of the following except:

Entrepreneurs have stronger intentions to act when taking action is perceived to be impossible and risky.

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

Entrepreneurial Intentions and Corporate Entrepreneurship

Entrepreneurial Strategy: Generating and Exploiting New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Intellectual Property 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: Entrepreneurship and the Entrepreneurial Mind-Set

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

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

Entrepreneurial action can be defined as those situations in which new goods,services,raw materials and organizing methods can be sold at greater than their production cost.

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

The casual process of thinking starts with what one has and selects among possible outcomes.

Which group in a professional network helps keep a new venture competitive?

In a social network there are two major properties,density and centrality.

The McMullen-Shepherd Model explains how knowledge and motivation influence two stages of entrepreneurial action.

Within the moral-support network,most entrepreneurs indicate that their _____ are their biggest supporters.

Entrepreneurs' intentions are based on their perception of feasibility rather than someone else's impression of whether it is feasible.

In Stage One of the McMullen-Shepherd Model:

Explain the McMullen-Shepherd Model.

Most entrepreneurs indicate that their most significant venture was not their first one.

How Ewing Kauffman ran his business illustrates corporate entrepreneurship.

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

Comprehension questions are designed to stimulate entrepreneurs to think about their own understanding.

Identify and define the 4 types of questions/tasks related to increasing cognitive ability.

Motivation to launch a new venture can arise from all of the following except:

Entrepreneurs have stronger intentions to act when taking action is perceived to be impossible and risky.

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

Entrepreneurial Intentions and Corporate Entrepreneurship

Entrepreneurial Strategy: Generating and Exploiting New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Intellectual Property 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