BUS 3303 Entrepreneurship Final Exam 9
Questions and Answers Solved 100% Correct;
University of the People
True or False: Embedding entrepreneurship and
innovation does not require new models,
frameworks, or paradigms. - ANSWER-False
Television and the internet have provided some
valuable education on the topic of
entrepreneurship. - ANSWER-True
True or False: Institutions at the higher
education level offer insignificant roles as
intellectual hubs in the entrepreneurial
ecosystems - ANSWER-False
What could be a major challenge standing in the
way of entrepreneurial education? - ANSWER-
,Ending of funding before sustainability is
reached
What is the motto of the World Economic
Forum? - ANSWER-Committed to improving
the state of the world
Which is not a good characteristic of a
successful entrepreneur? - ANSWER-They are
reluctant to share power
What does the Triple Bottom Line for
measuring organizational success include? -
ANSWER-Economic, social and environmental
concerns
Which is NOT a characteristic of a successful
entrepreneur? - ANSWER-Easily discouraged
Characteristics associated with social
entrepreneurship will always include all of
these, except rarely: - ANSWER-Familiarity
,What is not considered to be a salient feature of
the brainstorming process? - ANSWER-Used
only for decision-making
What is an entrepreneurial process that goes on
inside an organization that can lead to new
business ventures best known as? - ANSWER-
Corporate entrepreneurship
A "lifestyle entrepreneur" is one who: -
ANSWER-Creates their business with the
intention of providing themselves with a steady
income, but with a lot more freedom and
flexibility.
Which of the following is not a common
characteristic of successful entrepreneurs today?
- ANSWER-Low internal locus of control is an
important driver of success for entrepreneurs
staring new ventures
Which of these following statements about
entrepreneurs is not false? - ANSWER-Your
, ability to listen can make or break you as an
entrepreneur
Which is not a skill required to become a
successful entrepreneur? - ANSWER-
Impractical skills
Who is a lifestyle entrepreneur? - ANSWER-
They create their business with the intention of
providing themselves with a steady income, but
with a lot more freedom and flexibility
True or False: Entrepreneurship education has to
be framed within the context of its contribution
to economic and social growth in order to attract
the proper attention.Select one: - ANSWER-
True
True or False: Some governments are not
receptive to foreign investments or to certain
types of distribution relationships. Select one: -
ANSWER-True
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