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