Chapter 01
The Global Entrepreneurial Revolution for a Flatter World
True / False Questions
1. (p. 4) While leading U.S. venture capital firms are interested in establishing relationships
and operations in China, the Chinese government continues to resist such overtures.
FALSE
Difficulty: Easy
Type: Knowledge
2. (p. 6) A Flatter World refers to the convergence of technology and world events that are
playing a role in bringing about significant changes in traditional value chains.
TRUE
Difficulty: Easy
Type: Knowledge
3. (p. 9) The best entrepreneurship professors are able to determine in advance which of their
incoming students will be the most effective entrepreneurs.
FALSE
Difficulty: Easy
Type: Knowledge
,4. (p. 11) Entrepreneurship training works well in schools of business and engineering, but
has not proven to be useful in fields such as architecture, medicine, and life sciences.
FALSE
Difficulty: Easy
Type: Knowledge
,5. (p. 13) MIT researcher David Birch found that while new and growing smaller firms could
be regionally important, they had little effect on the economy as a whole.
FALSE
Difficulty: Moderate
Type: Knowledge
6. (p. 14) According to the U.S. Small Business Administration's Office of Advocacy, small
businesses (those with fewer than 500 employees) represent more than 99 percent of all
employers and provide about 75 percent of all new net jobs.
TRUE
Difficulty: Easy
Type: Knowledge
7. (p. 14) While research has begun to show that women are starting businesses at a faster
pace than men, women entrepreneurs are typically less growth-oriented than their male
counterparts.
FALSE
Difficulty: Moderate
Type: Knowledge
8. (p. 15) While various surveys of high school seniors indicate a strong interest in
entrepreneurship, a 2004 Gallup Poll showed that a large percentage of American parents
would still prefer that their children pursue a less risky career.
FALSE
Difficulty: Easy
Type: Knowledge
,
The Global Entrepreneurial Revolution for a Flatter World
True / False Questions
1. (p. 4) While leading U.S. venture capital firms are interested in establishing relationships
and operations in China, the Chinese government continues to resist such overtures.
FALSE
Difficulty: Easy
Type: Knowledge
2. (p. 6) A Flatter World refers to the convergence of technology and world events that are
playing a role in bringing about significant changes in traditional value chains.
TRUE
Difficulty: Easy
Type: Knowledge
3. (p. 9) The best entrepreneurship professors are able to determine in advance which of their
incoming students will be the most effective entrepreneurs.
FALSE
Difficulty: Easy
Type: Knowledge
,4. (p. 11) Entrepreneurship training works well in schools of business and engineering, but
has not proven to be useful in fields such as architecture, medicine, and life sciences.
FALSE
Difficulty: Easy
Type: Knowledge
,5. (p. 13) MIT researcher David Birch found that while new and growing smaller firms could
be regionally important, they had little effect on the economy as a whole.
FALSE
Difficulty: Moderate
Type: Knowledge
6. (p. 14) According to the U.S. Small Business Administration's Office of Advocacy, small
businesses (those with fewer than 500 employees) represent more than 99 percent of all
employers and provide about 75 percent of all new net jobs.
TRUE
Difficulty: Easy
Type: Knowledge
7. (p. 14) While research has begun to show that women are starting businesses at a faster
pace than men, women entrepreneurs are typically less growth-oriented than their male
counterparts.
FALSE
Difficulty: Moderate
Type: Knowledge
8. (p. 15) While various surveys of high school seniors indicate a strong interest in
entrepreneurship, a 2004 Gallup Poll showed that a large percentage of American parents
would still prefer that their children pursue a less risky career.
FALSE
Difficulty: Easy
Type: Knowledge
,
