ENT3003 Exam 3 Chapters 8
A good place for tracking followers and analyzing impact through Twitter is ______.
Followerwonk
What does it mean to maintain a network?
Let your network know what you are up to by tweeting.
Which of the following helps entrepreneurs collaborate, take action with limited resources, and navigate uncertainty?
Networks
SELECT ALL THAT APPLY. To create a core vision, the founding team must answer which of the following questions?
What do we want to achieve?, What do we believe in?, Why do we exist?
What is a Meetup group?
a local get-together
SELECT ALL THAT APPLY. What does a personal network provide?
advice about rough patches & information and instruction
______ and social interaction are key to starting a business.
building relationships
SELECT ALL THAT APPLY. Where do entrepreneurs find networking opportunities?
chambers of commerce, seminars, accelerators
The ______ dimension of social capital describes the degree of shared norms, visions, values, interpretations, and beliefs.
cognitive
SELECT ALL THAT APPLY. Into what dimensions is social capital divided?
cognitive, structural, and relational
SELECT ALL THAT APPLY. Networking tips include ______.
commit fully to the discussion and read the room
What social platform has grown into a business platform?
During the startup stage, each person should do the assigned job.
false
Networking is a natural skill of entrepreneurs.
false
The only way to network at a networking event is to collect business cards
false
SELECT ALL THAT APPLY. Accelerators offer startups ______.
feedback and free office space
A group of people with complementary skills and a shared sense of commitment coming together to build and grow the company is known as ______ team.
founding
What did the cofounder RFID tech startupThingMagic learn about positive social relations?
founding teams need to find the right balance of personalities.
A group of people with the same or similar characteristics, such as age, gender, or ethnicity, is a ______ team.
homogenous
What is an organization that helps early-stage entrepreneurs to refine an idea while also providing access to a whole network of other startups, mentors, and other valuable resources?
incubator
A survey of 1,000 entrepreneurs found that 78% of startups benefited from ______.
informal networking
SELECT ALL THAT APPLY. Popular online social networks include ______.
instagram, twitter, youtube
Gathering unique information from network contacts, such as the release date of a new product or what ______ look for during pitch, can give entrepreneurs the edge.
investors
Why do students tend to not take advantage of networking opportunities?
lack of confidence
A benefit of Instagram as a networking tool is the ability to ______.
post short videos and photos
SELECT ALL THAT APPLY. Cofounders should share similar attitudes toward ______.
risks, goals, and values
Networking helps develop ______.
social capital
One of the speediest and simplest ways to connect with others is through ______.
social media
The ______ dimension of social capital describes the components of one's network.
structural
By participating in social networking sites, an entrepreneur builds credibility and transparency.
true
Enrolling people in your idea is more important than selling the idea.
true
Healthy conflict is important to solve issues.
true
People are less likely to interact socially than they were in the past.
true
The three dimensions of social capital are structural, relational, and cognitive.
true
While in college, it is important to network with your classmates.
true
