Entrepreneurship - Exam
A) Sales, Workforce, Operations, Technology B) Strategy, Winning, Organizing, Teamwork C) Service, Website, Orders, Training D) Strengths, Weaknesses, Opportunities, Threats
A) Runway of Innovation B) Risk of Inflation C) Recurring Operating Income D) Return on Investment
A) Lack of market demand B) Overwhelming success C) Perfect timing D) Too much funding
A) Intellectual property B) Strategic planning C) Workforce optimization D) Tangible assets
A) Bankruptcy B) Liquidation C) Diversification D) Monopoly
A) Solopreneurship B) Collaborative entrepreneurship C) Intrapreneurship D) Exopreneurship
A) Talking only about oneself B) Building relationships C) Avoiding social events D) Collecting business cards
A) Market research B) Product development C) Logo design D) Employee training
A) Minimum Viable Product B) Most Valuable Player C) Market Value Proposition D) Marketing Video Promotion
A) Employees B) Consumers C) The entrepreneur D) Government officials
A) Adam Smith B) John Maynard Keynes C) Milton Friedman D) Joseph Schumpeter
A) Creating monopolies through government intervention B) Launching innovations that destroy old industries while ushering in new ones C) Eliminating all forms of competition within an industry D) Preserving traditional industries while slowly introducing changes
A) Only in small-sized firms B) Exclusively within large corporations C) New and established firms, for-profit and not-for-profit organizations D) Only in government sectors
A) Corporate mergers and acquisitions B) Government programs and services that promote entrepreneurship C) Stock market trading platforms D) Traditional banking systems
A) Consumer protection agencies B) Non-governmental organizations such as small-business associations C) Large multinational corporations D) Financial regulatory bodies
A) Complete avoidance of risks B) Preference for guaranteed returns C) A tendency towards risk-taking D) Indifference to financial outcomes
A) To maintain the status quo B) To develop new products or services C) To reduce innovation in their industry D) To avoid market competition
A) Loans from family and friends exclusively B) Venture capital financing C) Government subsidies for large corporations D) Personal savings only
A) Richard Cantillon B) Alfred Marshall C) Joseph Schumpeter D) Jean-Baptiste Say
A) Gale of Creative Destruction B) Endogenous Growth Theory C) Essay on the Nature of Trade in General D) Dictionnaire Universel de Commerce by Jacques des Bruslons
A) William Stanley Jevons B) Joseph Schumpeter C) Ludwig von Mises D) Carl Menger
A) Alfred Marshall B) Jean-Baptiste Say C) Richard Cantillon D) Joseph Schumpeter
A) Oligarch B) Meister C) Mena D) Abirempon
A) The government. B) The entrepreneur. C) The market. D) The capitalist.
A) Joseph Schumpeter B) Richard Cantillon C) Jean-Baptiste Say D) Alfred Marshall
A) Marxist economists B) Classical economists C) Physiocrats D) Austrian economists
A) Intrapreneurship. B) The term 'entrepreneurship' itself. C) Social entrepreneurship. D) Political entrepreneurship.
A) Pryce Pryce-Jones B) Bill Gates C) Josiah Wedgwood D) Henry Ford
A) Sam Walton B) Josiah Wedgwood C) John D. Rockefeller D) Pryce Pryce-Jones
A) John D. Rockefeller B) Henry Ford C) Andrew Carnegie D) Thomas Edison
A) J. P. Morgan B) Bill Gates C) Alfred P. Sloan D) Sam Walton
A) John D. Rockefeller B) Thomas Edison C) Andrew Carnegie D) Sam Walton
A) Thomas Edison B) Alfred P. Sloan C) J. P. Morgan D) Andrew Carnegie
A) Thomas Edison B) J. P. Morgan C) Sam Walton D) Alfred P. Sloan
A) Frank Bunker Gilbreth Sr. B) Frederick Winslow Taylor C) Chester Barnard D) Elton Mayo
A) Lillian Moller Gilbreth B) Elton Mayo C) Frank Bunker Gilbreth Sr. D) Chester Barnard
A) Business plan competitions B) Loans from banks C) Equity crowdfunding D) Microcredit
A) Lemonade B) Crazy Quilt C) Affordable Loss D) Bird-in-Hand
A) Google B) Twitter C) Amazon D) Facebook
A) Elton Mayo B) Frederick Winslow Taylor C) Chester Barnard D) Lillian Moller Gilbreth
A) Isidore Gluckstein B) Joseph Malin C) Ralph Slazenger D) Michael Marks
A) Clark, Covin, and Pidduck B) Dane Wagner and Dr. Nikki Blacksmith C) Icek Ajzen D) Saras Sarasvathy
A) Four B) Twelve C) Seventeen D) Five
A) George Westinghouse B) Bill Hewlett C) Josiah Wedgwood D) Cornelius Vanderbilt
A) Strong leadership skills B) High academic grades C) A diverse social network D) Early financial independence
A) Consulting for other businesses B) Investing in stock markets C) Looking for facilities, obtaining financial backing, forming legal entities, organizing teams D) Managing day-to-day operations of an existing business
A) Cornelius Vanderbilt B) George Westinghouse C) Bill Hewlett D) David Packard
A) Parietal lobe B) Temporal lobe C) Frontopolar cortex (FPC) D) Occipital lobe
A) Entrepreneurial Orientation (EO) B) Effectuation Theory C) Theory of Planned Behavior (TPB) D) Twelve Pillars of Entrepreneurship
A) Market demand predictions B) Statistical risk levels C) Founders' heterogenous identities D) Economic inequality impacts
A) Certain genes affecting personality B) Market demand alone C) Entrepreneurial styles D) Statistical risk measurement
A) Dominican investors B) Puerto Rican business leaders C) Mexican entrepreneurs D) Cuban business owners
A) Lean manufacturing strategies. B) Owner financing through personal loans. C) Seeking government grants. D) Increasing accounts payable by delaying payment.
A) Maintaining ownership and control. B) Minimizing debt obligations. C) Fostering creativity and resourcefulness. D) Immediate large-scale expansion.
A) Developed economies B) Digital economies C) Emerging economies D) Less developed economies
A) Elton Mayo B) Chester Barnard C) Lillian Moller Gilbreth D) Frederick Winslow Taylor
A) Ray Kroc B) Walt Disney C) J. P. Morgan D) Alfred P. Sloan
A) Delaying all payments to suppliers. B) Increasing inventory levels. C) Seeking high-interest bank loans. D) Using lean startup methodologies.
A) George Westinghouse B) Josiah Wedgwood C) Pryce Pryce-Jones D) Henry Ford
A) High self-efficacy B) Innovativeness C) Trait victimhood D) Optimism
A) Brand name B) Machinery C) Entrepreneurial networks D) Skills and experience
A) 50 percent. B) Almost 75 percent. C) 25 percent. D) 90 percent.
A) It plays a crucial role B) It only affects non-entrepreneurs C) It has no significant impact D) It diminishes entrepreneurial opportunities
A) Jack Welch B) Alexander Graham Bell C) Eli Whitney D) James J. Hill
A) Incremental improvements B) Ambiguity C) Statistical risk D) True uncertainty
A) Taxes drastically reduce entrepreneurship B) The effect is small C) Taxes have no impact at all D) Taxes significantly boost entrepreneurship
A) Proactiveness B) Collaboration C) Innovativeness D) Risk-taking
A) Domestic financial plans B) Internal company policies C) Local marketing strategies D) Corporate visions
A) Eli Whitney B) Cyrus McCormick C) Jack Welch D) James J. Hill
A) Elton Mayo B) Frederick Winslow Taylor C) Frank Bunker Gilbreth Sr. D) Lillian Moller Gilbreth
A) Serial founder B) Novice entrepreneur C) Single-founder entrepreneur D) Portfolio entrepreneur
A) Montague Gluckstein B) Joseph Malin C) Ralph Slazenger D) Samuel Isaacs
A) True uncertainty B) Ambiguity C) Knightian uncertainty D) Risk
A) Bill Hewlett B) Cornelius Vanderbilt C) David Packard D) Cyrus McCormick
A) Minimizing the role of human resources B) Focusing on individual contributions only C) Ignoring resource management D) Combining human resources collectively
A) Depression B) Burnout C) Flow D) Anxiety
A) Angel investors B) Equity crowdfunding C) Start-up accelerators D) Merchant cash advance
A) Cornelius Vanderbilt B) Pryce Pryce-Jones C) Josiah Wedgwood D) George Westinghouse
A) Adidas B) Nike C) Puma D) Slazenger
A) Thomas J. Watson B) Ray Kroc C) Eli Whitney D) Alexander Graham Bell
A) Sons obtain industry knowledge through informal interactions with their fathers. B) They receive formal education in that specific industry. C) They inherit a fully established business from their fathers. D) They have access to greater financial resources.
A) Measuring individual-level entrepreneurial behaviors. B) Organizing educational curricula in business schools. C) Classifying firm-level entrepreneurial behaviors. D) Providing a taxonomy for decision-making behaviors.
A) Strict management policies B) A charismatic leadership style C) Minimal interaction D) Frequent written reports
A) Alfred P. Sloan B) J. P. Morgan C) Walt Disney D) Sam Walton
A) Eli Whitney B) Thomas J. Watson C) James J. Hill D) Alexander Graham Bell
A) Cyrus McCormick B) David Packard C) Jack Welch D) James J. Hill
A) 10 percent. B) 50 percent. C) 75 percent. D) About 33 percent.
A) Balanced Scorecard B) SWOT Analysis C) PESTLE Analysis D) Input-Process-Output model
A) Walt Disney B) Thomas J. Watson C) Ray Kroc D) Alexander Graham Bell
A) Cyrus McCormick B) Bill Hewlett C) Jack Welch D) David Packard |
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