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