Question 1

All entrepreneurs should be afraid of making mistakes to avoid risk of losing capital.

Accepted Answer

A) True 
 B)False

Question 2

Complete the following using the terms listed below.
-When entrepreneurs use ______, they borrow money from banks, finance companies, and credit card companies, which must be repaid.

Accepted Answer

A) lifestyle entrepreneur 
B) globalization 
C) angel investor 
D) enterprise zone 
E) debt financing
F)internal locus of control
G)debt financing.
H)classic entrepreneur.
I)social entrepreneur.
J)seed capital
K)venture capitalist
L)intrapreneurship
M)urban reserve
N)information technology 
A) lifestyle entrepreneur 
B) globalization 
C) angel investor 
D) enterprise zone 
E) debt financing
F)internal locus of control
G)debt financing.
H)classic entrepreneur.
I)social entrepreneur.
J)seed capital
K)venture capitalist
L)intrapreneurship
M)urban reserve
N)information technology

Question 3

Using personal credit cards for business expenses is a good option for entrepreneurs.

Accepted Answer

A) True 
 B)False

Question 4

Identify the essential resources required by entrepreneurs and explain how they use each of these resources to accomplish their business goals?

Accepted Answer

Among the essential resources

Question 5

Entrepreneurs take credit for their successes, but often blame external conditions for their failures.

Accepted Answer

A) True 
 B)False

Question 6

Desire for self-management is the motivation that drives many entrepreneurs.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is NOT considered a benefit of information technology to entrepreneurs

Accepted Answer

A)  immediate customer service 
B)  unhealthy competition 
C)  increased professional image 
D)  increased sales 
A)  immediate customer service 
B)  unhealthy competition 
C)  increased professional image 
D)  increased sales

Question 8

What is intrapreneurship, and why is it important today?

Accepted Answer

Intrapreneurship is the process of promo

Question 9

Banks CANNOT research an entrepreneur's personal credit history when making lending decisions.

Accepted Answer

A) True 
 B)False

Question 10

Compared with other countries, Canada has a relatively low level of entrepreneurship activity.

Accepted Answer

A) True 
 B)False

Question 11

Dina is a single mother who is required to work evenings and weekends at a local retail store. She is thinking of starting a consulting business primarily so she can ______.

Accepted Answer

A)  become her own boss 
B)  increase her job security 
C)  guarantee her financial success 
D)  enjoy a higher quality of life 
A)  become her own boss 
B)  increase her job security 
C)  guarantee her financial success 
D)  enjoy a higher quality of life

Question 12

List the eight major characteristics of an entrepreneur.

Accepted Answer

The eight major characteristics of an en

Question 13

Complete the following using the terms listed below.
-A(n) ______ recognizes a societal problem and uses business principles to develop innovative solutions.

Accepted Answer

A) lifestyle entrepreneur. 
B) globalization 
C) angel investor 
D) enterprise zone 
E) debt financing.
F)internal locus of control.
G)debt financing
H)classic entrepreneur
I)social entrepreneur
J)seed capital
K)venture capitalist
L)intrapreneurship
M)urban reserve
N)information technology 
A) lifestyle entrepreneur. 
B) globalization 
C) angel investor 
D) enterprise zone 
E) debt financing.
F)internal locus of control.
G)debt financing
H)classic entrepreneur
I)social entrepreneur
J)seed capital
K)venture capitalist
L)intrapreneurship
M)urban reserve
N)information technology

Question 14

Complete the following using the terms listed below.
-______ refers to the characteristic of entrepreneurs believing that they control their own destiny.

Accepted Answer

A) lifestyle entrepreneur. 
B) globalization 
C) angel investor 
D) enterprise zone 
E) debt financing.
F)internal locus of control.
G)debt financing
H)classic entrepreneur
I)social entrepreneur
J)seed capital
K)venture capitalist
L)intrapreneurship
M)urban reserve
N)information technology 
A) lifestyle entrepreneur. 
B) globalization 
C) angel investor 
D) enterprise zone 
E) debt financing.
F)internal locus of control.
G)debt financing
H)classic entrepreneur
I)social entrepreneur
J)seed capital
K)venture capitalist
L)intrapreneurship
M)urban reserve
N)information technology

Question 15

Classic entrepreneurs identify business opportunities and allocate available resources to tap into those markets.

Accepted Answer

A) True 
 B)False

Question 16

Globalization has a negative impact on opportunities for entrepreneurs' success, due to global competition.

Accepted Answer

A) True 
 B)False

Question 17

Complete the following using the terms listed below.
-The significant increase of international marketing and sales by entrepreneurs is a result of ______.

Accepted Answer

A) lifestyle entrepreneur. 
B) globalization 
C) angel investor 
D) enterprise zone 
E) debt financing.
F)internal locus of control.
G)debt financing
H)classic entrepreneur
I)social entrepreneur
J)seed capital
K)venture capitalist
L)intrapreneurship
M)urban reserve
N)information technology 
A) lifestyle entrepreneur. 
B) globalization 
C) angel investor 
D) enterprise zone 
E) debt financing.
F)internal locus of control.
G)debt financing
H)classic entrepreneur
I)social entrepreneur
J)seed capital
K)venture capitalist
L)intrapreneurship
M)urban reserve
N)information technology

Question 18

There is very little the government can do to encourage entrepreneurship.

Accepted Answer

A) True 
 B)False

Question 19

An amount of money initially needed to conduct research/feasibility study to determine the viability of a business, is referred to as ______.

Accepted Answer

A)  seed capital 
B)  debt financing 
C)  asset 
D)  equity finance 
A)  seed capital 
B)  debt financing 
C)  asset 
D)  equity finance

Question 20

Starting a new business is riskier and most entrepreneurs are demotivated to start up a venture because of the fear of losing their initial investment capital.

Accepted Answer

A) True 
 B)False

All entrepreneurs should be afraid of making mistakes to avoid risk of losing capital.

Complete the following using the terms listed below. -When entrepreneurs use ______, they borrow money from banks, finance companies, and credit card companies, which must be repaid.

Using personal credit cards for business expenses is a good option for entrepreneurs.

Identify the essential resources required by entrepreneurs and explain how they use each of these resources to accomplish their business goals?

Entrepreneurs take credit for their successes, but often blame external conditions for their failures.

Desire for self-management is the motivation that drives many entrepreneurs.

Which of the following is NOT considered a benefit of information technology to entrepreneurs

What is intrapreneurship, and why is it important today?

Banks CANNOT research an entrepreneur's personal credit history when making lending decisions.

Compared with other countries, Canada has a relatively low level of entrepreneurship activity.

Dina is a single mother who is required to work evenings and weekends at a local retail store. She is thinking of starting a consulting business primarily so she can ______.

List the eight major characteristics of an entrepreneur.

Complete the following using the terms listed below. -A(n) ______ recognizes a societal problem and uses business principles to develop innovative solutions.

Complete the following using the terms listed below. -______ refers to the characteristic of entrepreneurs believing that they control their own destiny.

Classic entrepreneurs identify business opportunities and allocate available resources to tap into those markets.

Globalization has a negative impact on opportunities for entrepreneurs' success, due to global competition.

Complete the following using the terms listed below. -The significant increase of international marketing and sales by entrepreneurs is a result of ______.

There is very little the government can do to encourage entrepreneurship.

An amount of money initially needed to conduct research/feasibility study to determine the viability of a business, is referred to as ______.

Starting a new business is riskier and most entrepreneurs are demotivated to start up a venture because of the fear of losing their initial investment capital.

The Changing Face of Business

Business Ethics and Social Responsibility

Economic Challenges Facing Contemporary Business

Competing in World Markets

Forms of Business Ownership and Organization

Management, Leadership, and the Internal Organization

Human Resource Management: From Recruitment to Labour Relations

Top Performance Through Empowerment, Teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Filters

Exam 6: Starting Your Own Business: the Entrepreneurship Alternative

All entrepreneurs should be afraid of making mistakes to avoid risk of losing capital.

Complete the following using the terms listed below. -When entrepreneurs use ______, they borrow money from banks, finance companies, and credit card companies, which must be repaid.

Using personal credit cards for business expenses is a good option for entrepreneurs.

Identify the essential resources required by entrepreneurs and explain how they use each of these resources to accomplish their business goals?

Entrepreneurs take credit for their successes, but often blame external conditions for their failures.

Desire for self-management is the motivation that drives many entrepreneurs.

Which of the following is NOT considered a benefit of information technology to entrepreneurs

What is intrapreneurship, and why is it important today?

Banks CANNOT research an entrepreneur's personal credit history when making lending decisions.

Compared with other countries, Canada has a relatively low level of entrepreneurship activity.

Dina is a single mother who is required to work evenings and weekends at a local retail store. She is thinking of starting a consulting business primarily so she can ______.

List the eight major characteristics of an entrepreneur.

Complete the following using the terms listed below. -A(n) ______ recognizes a societal problem and uses business principles to develop innovative solutions.

Complete the following using the terms listed below. -______ refers to the characteristic of entrepreneurs believing that they control their own destiny.

Classic entrepreneurs identify business opportunities and allocate available resources to tap into those markets.

Globalization has a negative impact on opportunities for entrepreneurs' success, due to global competition.

Complete the following using the terms listed below. -The significant increase of international marketing and sales by entrepreneurs is a result of ______.

There is very little the government can do to encourage entrepreneurship.

An amount of money initially needed to conduct research/feasibility study to determine the viability of a business, is referred to as ______.

Starting a new business is riskier and most entrepreneurs are demotivated to start up a venture because of the fear of losing their initial investment capital.

The Changing Face of Business

Business Ethics and Social Responsibility

Economic Challenges Facing Contemporary Business

Competing in World Markets

Forms of Business Ownership and Organization

Management, Leadership, and the Internal Organization

Human Resource Management: From Recruitment to Labour Relations

Top Performance Through Empowerment, Teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Filters