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