Entrepreneurs cause entrepreneurship.
A. True
B. False
A
What are common motivators for entrepreneurs to start a new venture? Check all that apply.
A. To elevate their independence
B. To earn more money
C. To create new things
D. To increase their freedom
E. To help others
ABCDE
...
what are common motivators for entrepreneurs to start a new venture check all that apply
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SYB302c
Entrepreneurs cause entrepreneurship.
A. True
B. False - Answer A
What are common motivators for entrepreneurs to start a new venture? Check all that
apply.
A. To elevate their independence
B. To earn more money
C. To create new things
D. To increase their freedom
E. To help others - Answer ABCDE
Innovations must be radical and disruptive in order to be viable for new company
creation.
A. True
B. False - Answer B
Nike's development of the "Air Jordan" brand is an example of this type of innovation:
A. Marketing innovation
B. Business model innovation
C. Product innovation
D. Service innovation - Answer A
What makes a decision "strategic"? Check all that apply.
A. Results in substantial gains or losses as a result of the decision and its subsequent
outcomes
B. Involves planning actions in an uncertain and unpredictable future
C. Requires significant allocations of
resources - Answer ABC
Strategic decisions typically share which four processes? Choose the four that apply.
A. Recognizing a problem situation
B. Generating alternatives
C. Evaluating the various alternatives
D. Assessing the environmental impact
E. Selecting the alternative that best satisfies the evaluation criteria - Answer ABCE
, The Opportunity Analysis Canvas is designed to help individuals develop which areas?
(Check all that apply).
A. Thinking entrepreneurially
B. Seeing entrepreneurially
C. Acting entrepreneurially - Answer ABC
Entrepreneurs have a natural desire to take risks at a higher level than non-
entrepreneurs.
A. True
B. False - Answer B
Which type of individuals are more likely to discover and act on an entrepreneurial
opportunity?
A. External locus of control
B. Internal locus of control - Answer B
Which is the more valuable measure of your social capital?
A. The diversity of the people that you know.
B. The number of people that you know. - Answer A
Why build social capital? (Check all that apply.)
A. To be a more valuable collaborator
B. To be more creative
C. To be a more efficient problem solver
D. To be better informed - Answer ABCD
What four attributes influence an industry's favorability to new firm entry? Choose the
four that apply.
A. Demand conditions
B. Knowledge conditions
C. Industry lifecycle
D. Innovation potential
E. Industry structure
F. Market attractiveness - Answer ABCE
What are the four characteristics of industry structure? Choose the four that apply.
A. Demographics
B. Advertising intensity
C. Firm concentration
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