ASU PAF 394 Module 1 Quiz

What is the name of Taylor Swift's first fully pop album?

- 1989

According to the text, the public interest in the context of public policy is:

- A term that not everyone will agree on

What is the primary difference between an entrepreneur and an intrapreneur?

- An entrepreneur assumes the greatest amount of risk, while an intrapreneur operates within an existing company with less financial risk.

What is one role of government that ensures the efficient functioning of a society mentioned in the assigned reading?

- Creating laws that regulate the fairness of the business marketplace

According to the assigned reading, which artists' companies does Taylor Swift reside in due to her accomplishments?

- Elvis Presley, Michael Jackson, and Madonna

Which of the following are functions that nonprofit organizations can engage in, according to the content provided? (Select all that apply.)

- Offering opportunities to enjoy art and culture - Providing human services - Raising money for community needs

Which of the following are considered attributes of public policy? (Select all that apply.)

- Oriented toward a goal or desired state - Can be implemented by both public and private actors - Made in the public interest

How does a small business venture differ from a scalable startup venture in terms of entrepreneurial ambition?

- Scalable startups are founded with the intention of significant growth and reach, while small businesses may not have expansion as a primary goal

What is profit, as defined in the assigned reading?

- The money left over after a company pays all its costs.

How are policy decisions and citizen values reflected in the U.S. government's allocation of resources?

- They are influenced by political processes and the input from citizens.

What is one of the key reasons Taylor Swift's rerecorded albums have been successful according to the narrative?

- They include unreleased tracks and subtle updates.

What best describes the revenue model for non-market nonprofit organizations?

- They receive revenue from private or public grants.

What describes a nonprofit organization that relies on voluntary contributions of money or time to operate?

- Voluntary organization

Which qualities are necessary for an entrepreneurial mindset? (Choose all that apply)

- Willing to learn - Flexible and adaptable - Visionary