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Multiple choice questions - Introduction to entrepreneurship & corporate strategy (iecs)
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Entrepreneurship (Lecture 1)1. Entrepreneurship addresses
a. Start-ups
b. Economic and Social Value creation
c. Both options
2. Entrepreneurship is
a. Just one time event
b. Only new business activity
c. A process
3.
Combining factors of production is ________ function of entrepreneur.
a. Economic
b. Managerial
c. Phycological
4. Owning businesses and providing leadership are _______ functions performed by
entrepreneur.
a. Economic
b. Managerial
c. Psychological
5. Entrepreneurship in existing organizations is known as
a. Corporate Entrepreneurship
b. New business activity
c. Start-up
Types of Entrepreneurs
1. Mark Zuckerberg took the concept of social networks from MySpace and built
Facebook, demonstrate example of
a. Innovator
b. Visionary
c. Imitator
, 2. The example of a ________ entrepreneur would be Steve Jobs and the iPad.
a. Classic
b. Visionary
c. Incremental
3. Gary V. advocates coming back from work and then putting in time for your projects
until the wee hours of the morning. This is a prime example of _______ entrepreneur.
a. True
b. Investor
c. Hustler
4.
Sam Wilton, founder of Walmart used skills of negotiation and logistics to turn retail
store into billion-dollar empire. This is an example of _______ entrepreneur.
a. Researcher
b. Investor
c. Imitator
MCQS from Lecture 2: Entrepreneurial Personality. Right answer is highlighted.
1. Personality effects your choice of,
a. Functional Roles
b. Industry Domain
c. Both
2. According to Gartner (1985), studying who is an entrepreneur is a wrong question
because its not who entrepreneurs are, its
a. What traits they have
b. How lucky they are
c. What they do
3. The belief in your ability to perform a certain task is called,
a. Self-efficacy
b. Cognition
c. Perception
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