entrepreneurship
entrepreneuers always
?
The person who gets the franchise is usually required to do all of the following except
Design a logo
which of the following is not associated with an entrepreneur seeking feedback?
Entrepreneurs want to belittle their competition
When an entrepreneurial environment is created, a company does not usually set aside traditions of the company
False
Which of the following statements is false
IDK
Entrepreneurial cognition is, in part, about understanding how entrepreneurs use simplifying mental models to make assessments, judgments, and decisions about opportunities.
True
Many inventions and innovations are a result of the inventors seeing new and different relationships among objects, processes, materials, technologies, and people.
True
The comprehensiveness feasibility analysis approach is closely related to the preparation of a thorough business plan
True
The entrepreneurial motivations of individuals relate to the entrepreneur, the environment, and the venture
True
Three characteristics of an entrepreneur are personal initiative, management skills, and a desire for autonomy.
True
evaluation of new-venture proposals includes all of the following processes except
a product prototype
The four phases, in order, in the creative process are
background or knowledge accumulation, incubation, idea experience, and evaluation and implementation
Entrepreneurs themselves perceive the concept of risk in which of the following ways
calculated risk taking
Areas of risk to the entrepreneur include
career, family, psychic
business-related reasons for selling do not include which of the following
changes in the supply chain
Firms do not need to alter management techniques to encourage corporate entrepreneurship since it tends to occur naturally
false
entrepreneurs are rarely able to adapt to set up a business without investment funds are bank loans
false
most entrepreneurs are inventors
false
Market feasibility analysis relies on
general economic trends and competitor data
In order to develop an entrepreneurial environment, factors that organizations need to be aware of include
management support rewards autonomy and time
which of the following is not an entreprenuerial motivation for starting a venture?
organizaiton
advantages of debt financing include all of the following except
regular interest payments
In attempting to create an entrepreneurial climate, the organization should consider that
the corporations that promote personal growth will attract the best people
which is not a trait of a successful entrepreneur?
trouble fitting in
Sources of debt financing include trade credit, accounts receivables, factoring, and finance companies.
true
The elimination of time and effort associated with starting a company is an advantage of acquiring an ongoing venture
true
a corporation can encourage entrepreneurship activities if top management sponsors entrepreneurial projects
true
entrepreneurs are always looking for unique opportunities to fill needs or wants
true
entrepreneurship is more than the mere creation of a business
true
There is a great abundance of reliable data concerning the start-up, performance, and failure of new ventures
False
which of the following is a true statement about raising capital?
it often takes a great deal of time to raise capital
a decision to sell toys that pass minimum safety standards but often result in minor accidents to children is an example of an
legal and unethical decision
innovation is the process by which entrepreneurs convert opportunities into marketable ideas
true
The sources of new business ideas among men and woman are identical in type and proportion
false
Venture capitalists are quick to invest
false
characteristics are entrepreneurs can neither be taught nor learned
false
entrepreneurs always start their business at a young age
false
Customers and customer demand patterns relate to what source of the market feasibility analysis?
market data
successful entrepreneurs are able to identify and implement
value adding ideas
which of the following would not be considered as encouraging to an entrepreneruial environement
uniform compensation
when securing a bank loan, an entrepreneur should be prepared to answer all of the following questions except
what is the price of your product?
which of the following are causes of industry and market changes
Idk
Which of the following is not a true statement regarding arenas of creativity?
People are either born or not born with creativity.
Managerial problems include which of the following
concept of team approach
Which of the following statements is true?
IDK
Which of the following is not a key question a prospective buyer needs to ask in buying a business?
What is the owner's personal net growth?
all of the following are reasons for the growth of corporate entrepreneurship except
a desire to dramatically increase profitability
product/market problems involve which of the following
overreliance on one customer poor timing unclear business definition
When buying a business what is a factor to consider when investigating the competition?
quality of the competition location of the competition unscrupulous pracitices
