Question 1

Generally,independent,venture-capital-based start-ups by entrepreneurs tend to outperform corporate start-ups significantly.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is true about corporate entrepreneurship

Accepted Answer

A)  Equity in a new venture should not be used as a reward due to its uncertain value 
B)  A company must be willing to invest money without a guarantee of a return in the short term 
C)  Teams should be segmented by department 
D)  Top management should not be involved in the process

Question 3

The first step in establishing corporate entrepreneurship in an organization is:

Accepted Answer

A)  finding mid-level managers to champion ideas 
B)  developing ways to get closer to customers 
C)  learn to be more productive with fewer resources 
D)  securing commitment from top management

Question 4

Traditionally managed firms commitment to opportunity is revolutionary with a long duration.

Accepted Answer

A) True 
 B)False

Question 5

Entrepreneurial activities that create something new of value either by redefining the company's current products or services,developing new markets,or forming more formally autonomous or semiautonomous units or firms best defines:

Accepted Answer

A)  new business venturing. 
B)  proactiveness. 
C)  innovativeness. 
D)  self-renewal.

Question 6

Corporate ventures are totally independent units,hence the equity portion of the compensation is particularly difficult to handle.

Accepted Answer

A) True 
 B)False

Question 7

An organization that wants to become more entrepreneurial must learn to be more productive with fewer resources.

Accepted Answer

A) True 
 B)False

Question 8

Most managers in a corporation are capable of being successful corporate entrepreneurs with the correct training.

Accepted Answer

A) True 
 B)False

Question 9

In creating a culture for corporate entrepreneurship leadership is important.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is not a leadership characteristic of a corporate entrepreneur according to the text

Accepted Answer

A)  Flexibility and vision 
B)  Persistence 
C)  Encourages teamwork 
D)  Encourages colleagues to follow hierarchy

Question 11

An entrepreneur with loss-orientation would talk about the business-failure with a close friend or relative.

Accepted Answer

A) True 
 B)False

Question 12

Explain the benefits,or practical implications,of using the dual process model of coping with negative emotions.

Accepted Answer

The answer of Explain the benefits,or practical implications,of using the...

Question 13

Which of the following is a practical implication of using the dual process of learning from failure

Accepted Answer

A)  Recovery from loss offers an opportunity to increase one's knowledge of entrepreneurship. 
B)  Distracting oneself from thinking about the failure reduces the long-term level of negative emotions. 
C)  Allocating attention to the events surrounding the failure provide little opportunity to learn. 
D)  The recovery process can be enhanced by focusing on either loss orientation or restoration orientation.

Question 14

Internal corporate venturing consists of creating something new of value either by redefining the company's current products or services,developing new markets,or forming more formally autonomous or semiautonomous units or firms.

Accepted Answer

A) True 
 B)False

Question 15

Entrepreneurial activities tend to immediately affect the bottom line,and hence are seldom overlooked and receive extensive funding and support.

Accepted Answer

A) True 
 B)False

Question 16

Having an entrepreneurial orientation toward the control of resources means:

Accepted Answer

A)  that one focuses on accessing others' resources. 
B)  that one focuses on purchasing resources. 
C)  that one has a belief that resources are unlimited and therefore easy to obtain. 
D)  that one focuses on using a hierarchy management structure in allocating resources.

Question 17

Which of the following would not occur in the second stage of establishing corporate entrepreneurship in an organization

Accepted Answer

A)  Ideas that top management is interested in supporting are identified. 
B)  Identify an evaluation system for involved employees. 
C)  The amount of risk money available is specified. 
D)  Overall program expectations and target results of each corporate venture are established.

Question 18

Corporate entrepreneurship is most strongly reflected in entrepreneurial activities as well as in top management orientations in organizations.

Accepted Answer

A) True 
 B)False

Question 19

An entrepreneur's recovery from grief is detrimental to society.

Accepted Answer

A) True 
 B)False

Question 20

Self-renewal includes the redefinition of the business concept,reorganization,and the introduction of system-wide changes to increase innovation.

Accepted Answer

A) True 
 B)False

Exam 2: Corporate Entrepreneurship

Generally,independent,venture-capital-based start-ups by entrepreneurs tend to outperform corporate start-ups significantly.

Which of the following is true about corporate entrepreneurship

The first step in establishing corporate entrepreneurship in an organization is:

Traditionally managed firms commitment to opportunity is revolutionary with a long duration.

Entrepreneurial activities that create something new of value either by redefining the company's current products or services,developing new markets,or forming more formally autonomous or semiautonomous units or firms best defines:

Corporate ventures are totally independent units,hence the equity portion of the compensation is particularly difficult to handle.

An organization that wants to become more entrepreneurial must learn to be more productive with fewer resources.

Most managers in a corporation are capable of being successful corporate entrepreneurs with the correct training.

In creating a culture for corporate entrepreneurship leadership is important.

Which of the following is not a leadership characteristic of a corporate entrepreneur according to the text

An entrepreneur with loss-orientation would talk about the business-failure with a close friend or relative.

Explain the benefits,or practical implications,of using the dual process model of coping with negative emotions.

Which of the following is a practical implication of using the dual process of learning from failure

Internal corporate venturing consists of creating something new of value either by redefining the company's current products or services,developing new markets,or forming more formally autonomous or semiautonomous units or firms.

Entrepreneurial activities tend to immediately affect the bottom line,and hence are seldom overlooked and receive extensive funding and support.

Having an entrepreneurial orientation toward the control of resources means:

Which of the following would not occur in the second stage of establishing corporate entrepreneurship in an organization

Corporate entrepreneurship is most strongly reflected in entrepreneurial activities as well as in top management orientations in organizations.

An entrepreneur's recovery from grief is detrimental to society.

Self-renewal includes the redefinition of the business concept,reorganization,and the introduction of system-wide changes to increase innovation.