Question 1

Which of the following is the least characteristic motivational need of successful entrepreneurs?

Accepted Answer

A)  Achievement 
B)  Control 
C)  Power 
D)  Affiliation

Question 2

According to venture investors,what is the realistic time frame for growing a high potential business to the point where a capital gain can be realized?

Accepted Answer

A)  1-3 years 
B)  2-5 years 
C)  5-7 years 
D)  7-8 years

Question 3

Which of the following is defined as the need for measurable personal accomplishment?

Accepted Answer

A)  The need for achievement 
B)  The need for power 
C)  The need for affiliation 
D)  The need for attachment

Question 4

The psychological motivation of entrepreneurial behavior states that the need for achievement is the need to build a relationship with others.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is the most important component of opportunity recognition?

Accepted Answer

A)  Experimenting with new ideas 
B)  Exhibiting low tolerance toward change 
C)  Being risk aversive 
D)  Being a perfectionist

Question 6

Which of the following is a myth about successful entrepreneurs?

Accepted Answer

A)  They are driven by the need for achievement. 
B)  They are driven by the need to control others. 
C)  They have the ability to exert influence. 
D)  They have the ability to be patient even in adverse situations.

Question 7

According to research studies on the career paths of entrepreneurs and the self-employed,which of the following is the central factor for a successful venture creation?

Accepted Answer

A)  Networking 
B)  The ability to marshal resources 
C)  Experience and know-how 
D)  The ability to attract and motivate an effective team

Question 8

Numerous studies show a strong connection between the presence of _____ and the emergence of successful entrepreneurs.

Accepted Answer

The answer of Numerous studies show a strong connection between...

Question 9

The first volume of the Praeger Perspectives deals with _____ and takes a broad view of entrepreneurship as a form of human action,pulling together the current research with respect to cognitive,economic,social,and institutional factors that influence entrepreneurial behavior.

Accepted Answer

The answer of The first volume of the Praeger Perspectives...

Question 10

Write a short note on the Praeger Perspectives.

Accepted Answer

The answer of Write a short note on the Praeger...

Question 11

Most successful entrepreneurs have had a _____ to help them achieve their dreams and goals,both implicitly and explicitly.

Accepted Answer

The answer of Most successful entrepreneurs have had a _____...

Question 12

Which of the following is not an entrepreneurial attribute?

Accepted Answer

A)  Being a calculated risk taker 
B)  Being a perfectionist 
C)  Being obsessed with value creation 
D)  Being intensely curious in the face of risk

Question 13

The need for _____ is the need to excel and the need for measurable personal accomplishment.

Accepted Answer

The answer of The need for _____ is the need...

Question 14

In the context of entrepreneurial behavior,the need for affiliation is the need to excel.

Accepted Answer

A) True 
 B)False

Question 15

Based on the entrepreneurial leadership paradigm,when the competencies of others are sought and used,it is referred to as ___.

Accepted Answer

The answer of Based on the entrepreneurial leadership paradigm,when the...

Question 16

The third volume of the Praeger Perspectives examines people and refers to a wide and diverse range of contextual factors that influence the entrepreneur and the entrepreneurial process.

Accepted Answer

A) True 
 B)False

Question 17

Entrepreneurs who are internally driven by a strong desire to compete and attain challenging goals are typically known as ___.

Accepted Answer

The answer of Entrepreneurs who are internally driven by a...

Question 18

Successful entrepreneurs seek power and control over others.

Accepted Answer

A) True 
 B)False

Question 19

The need to build a relationship with others is known as the need for ___.

Accepted Answer

The answer of The need to build a relationship with...

Question 20

Successful entrepreneurs are not gamblers;they take ___.

Accepted Answer

The answer of Successful entrepreneurs are not gamblers;they take ___....

Exam 2: The Entrepreneurial Mind: Crafting a Personal Entrepreneurial Strategy

Which of the following is the least characteristic motivational need of successful entrepreneurs?

According to venture investors,what is the realistic time frame for growing a high potential business to the point where a capital gain can be realized?

Which of the following is defined as the need for measurable personal accomplishment?

The psychological motivation of entrepreneurial behavior states that the need for achievement is the need to build a relationship with others.

Which of the following is the most important component of opportunity recognition?

Which of the following is a myth about successful entrepreneurs?

According to research studies on the career paths of entrepreneurs and the self-employed,which of the following is the central factor for a successful venture creation?

Numerous studies show a strong connection between the presence of _____ and the emergence of successful entrepreneurs.

The first volume of the Praeger Perspectives deals with _____ and takes a broad view of entrepreneurship as a form of human action,pulling together the current research with respect to cognitive,economic,social,and institutional factors that influence entrepreneurial behavior.

Write a short note on the Praeger Perspectives.

Most successful entrepreneurs have had a _____ to help them achieve their dreams and goals,both implicitly and explicitly.

Which of the following is not an entrepreneurial attribute?

The need for _____ is the need to excel and the need for measurable personal accomplishment.

In the context of entrepreneurial behavior,the need for affiliation is the need to excel.

Based on the entrepreneurial leadership paradigm,when the competencies of others are sought and used,it is referred to as ___.

The third volume of the Praeger Perspectives examines people and refers to a wide and diverse range of contextual factors that influence the entrepreneur and the entrepreneurial process.

Entrepreneurs who are internally driven by a strong desire to compete and attain challenging goals are typically known as ___.

Successful entrepreneurs seek power and control over others.

The need to build a relationship with others is known as the need for ___.

Successful entrepreneurs are not gamblers;they take ___.