Question 1

Bricolage is entrepreneurs making do by applying combinations of the resources at hand to new problems and opportunities.

Accepted Answer

A) True 
 B)False

Question 2

Dissatisfaction with various aspects of one's job often motivates the launching of a new venture.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is NOT a stage in Kolter's procedure in bringing a product/service to market?

Accepted Answer

A) Select target market segments 
B) Analyze long run opportunities in the market 
C) Design market strategies 
D) File for patent protection 
A) Select target market segments 
B) Analyze long run opportunities in the market 
C) Design market strategies 
D) File for patent protection

Question 4

Which among the following aspects 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 5

Ewing Kauffman took a risk when he started his company Marion Labs in 1950.

Accepted Answer

A) True 
 B)False

Question 6

Individuals have stronger intentions to act when taking action is perceived to be _____ and desirable.

Accepted Answer

A) elusive 
B) feasible 
C) flexible 
D) risky 
A) elusive 
B) feasible 
C) flexible 
D) risky

Question 7

The McMullen-Shepherd Model helps identify the common traits of successful entrepreneurs.

Accepted Answer

A) True 
 B)False

Question 8

__________ 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 9

In the McMullen-Shepherd Model the first stage is the evaluation stage.

Accepted Answer

A) True 
 B)False

Question 10

An entrepreneur considering if what they are doing makes sense is an example of:

Accepted Answer

A) A strategic question 
B) A connection task 
C) A reflection task 
D) A comprehension question 
A) A strategic question 
B) A connection task 
C) A reflection task 
D) A comprehension question

Question 11

Role models can include family members as well as industry professionals.

Accepted Answer

A) True 
 B)False

Question 12

Questions designed to increase an entrepreneurs' understanding of the nature of the environment are known as:

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

Bricolage is entrepreneurs making do by applying combinations of the resources at hand to new problems and opportunities.

Dissatisfaction with various aspects of one's job often motivates the launching of a new venture.

Which of the following is NOT a stage in Kolter's procedure in bringing a product/service to market?

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

Ewing Kauffman took a risk when he started his company Marion Labs in 1950.

Individuals have stronger intentions to act when taking action is perceived to be _____ and desirable.

The McMullen-Shepherd Model helps identify the common traits of successful entrepreneurs.

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

In the McMullen-Shepherd Model the first stage is the evaluation stage.

An entrepreneur considering if what they are doing makes sense is an example of:

Role models can include family members as well as industry professionals.

Questions designed to increase an entrepreneurs' understanding of the nature of the environment are known as:

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

Bricolage is entrepreneurs making do by applying combinations of the resources at hand to new problems and opportunities.

Dissatisfaction with various aspects of one's job often motivates the launching of a new venture.

Which of the following is NOT a stage in Kolter's procedure in bringing a product/service to market?

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

Ewing Kauffman took a risk when he started his company Marion Labs in 1950.

Individuals have stronger intentions to act when taking action is perceived to be _____ and desirable.

The McMullen-Shepherd Model helps identify the common traits of successful entrepreneurs.

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

In the McMullen-Shepherd Model the first stage is the evaluation stage.

An entrepreneur considering if what they are doing makes sense is an example of:

Role models can include family members as well as industry professionals.

Questions designed to increase an entrepreneurs' understanding of the nature of the environment are known as:

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