Entrepreneurs decisions - Study guides, Class notes & Summaries
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BMGT 289E FINAL EXAM WITH COMPLETE SOLUTION
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ver-arching attributes 
of entrepreneurial setting 
-Failure 
-Resource scarcity 
-Value creation - how much value? 
-Valuation by means of negotiation 
-Asymmetric information 
-Decision making under uncertainty 
*Markets 
*Assets 
*Company stage (i.e., accomplishments) 
*Founder reputation 
 
 
 
Information asymmetry problems 
-Entrepreneurs have information about 
their business that investors don't have. 
 
This creates several problems: 
-Investors must make decisions based on little 
act...
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TMU BSM 100 Final Exam Questions with 100% Correct Answers | Updated & Verified 2024
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TMU BSM 100 Final Exam Questions with 
100% Correct Answers | Updated & Verified 
2024 
What is the first problem entrepreneurs face? - answerThe gap in the market 
What 4 things make a successful business? - answerTeam, Marketing, Finances, Operations 
Examples of a businesses external environment - answerSuppliers, Consumers, Political and 
Economic Issues 
What are three ways to make meaning in your product/service - answerIncrease the quality 
of life, Right a wrong- fix a problem in the wor...
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instructors manual For Entrepreneurship The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray
- Exam (elaborations) • 69 pages • 2024
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Instructor Resource 
Neck, Entrepreneurship, 1e 
SAGE Publishing, 2018 
Answers to Questions in the Text 
Chapter 1: Entrepreneurship: A Global Social Movement 
ENTREPRENEURSHIP IN ACTION 
Niari Kevarian, CEO & Partner, Zooz Greek Iced Teas 
1. In what ways do you see Niari Kevarian as being totally dedicated to the success of 
ZOOS? What does dedication mean for the entrepreneur? 
Sample Answer: Niari Kevarian has demonstrated total dedication to the success of her 
business by seekin...
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Entrepreneurship -UNT MGMT 3850 - Exam 1 Questions And Answers With Verified Study Solutions
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What are the functional and emotional characteristics associated with "entrepreneurs?" - Answer-Desire 
for responsibility, preference for moderate risk, confidence in ability to succeed, desire for immediate 
feedback, high level of energy, future orientation, skill at organizing, value of achievement over money 
also high degree of commitment, tolerance of ambiguity, flexibility, tenacity. 
What is the success (failure) rate for new businesses (as of 2010)? - Answer-After 2 years, 34 percent...
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Auburn ENFB 3140 Exam 1 Study Guide 100% Correct
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Auburn ENFB 3140 Exam 1 Study Guide 100% Correct 
Entrepreneurship A way of thinking, acting, and being that combines the ability to find or create new opportunities with the courage to act on them. 
Startup A temporary organization in search of a scalable business model. 
Effectuation An entrepreneurial approach to taking quick action using resources you have available to get early traction on new ideas. The idea that entrepreneurs focus on creating their future rather than predicting it. 
T/F ...
And that's how you make extra money
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The Intelligent Entrepreneur_ How Three Harvard Business School Graduates Learned the 10 Rules
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How Three Harvard Business School Graduates 
Learned 
the 10 Rules of Successful Business 
Bill Murphy 
To Melissa—a true entrepreneur 
INTRODUCTION 
WONDERFUL NEWS: 
MOST NEW BUSINESSES FAIL 
Let me guess. If you’re reading this book, it’s probably because you hope to 
become a truly successful entrepreneur. You want to build something dynamic, 
useful, and great, and maybe even get rich in the process. If that’s the case, then 
allow me to give you the good news right up front: 
Most n...
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TMU BSM 100 Final Exam Questions with 100% Correct Answers | Updated & Verified 2024
- Exam (elaborations) • 11 pages • 2024
- Available in package deal
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- $12.49
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TMU BSM 100 Final Exam Questions with 
100% Correct Answers | Updated & Verified 
2024 
What is the first problem entrepreneurs face? - answerThe gap in the market 
What 4 things make a successful business? - answerTeam, Marketing, Finances, Operations 
Examples of a businesses external environment - answerSuppliers, Consumers, Political and 
Economic Issues 
What are three ways to make meaning in your product/service - answerIncrease the quality 
of life, Right a wrong- fix a problem in the wor...
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Business study Complete Actual Exam Questions With Correct Detailed Answers.
- Exam (elaborations) • 11 pages • 2024
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Women in business still experience ________ as they attempt to break the "glass ceiling." - correct answer discrimination 
 
Within five years, ________ percent of new businesses will fail. - correct answer 51 
 
________ percent of all U.S. businesses are family owned and managed. - correct answer Ninety 
 
Which of the following was not identified as one of the suggestions for small...
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Praxis Business Education- Entrepreneurship Review Questions and Answers
- Exam (elaborations) • 23 pages • 2024
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Angel investors wealthy individuals who provide start up funding for entrepreneurs; capital provided may be a one time investment or an ongoing supply of money to carry through the difficult early stages 
 
Bartering trading what you can do for what you need; exchange of goods or services for other goods or services without using money 
 
Board of directors Governing body of an incorporated firm. Its members are elected normally by the subscribers (stockholders) of the firm (generally at an annu...
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BA109 Quiz 2 Questions and Answers 100% Correct
- Exam (elaborations) • 6 pages • 2023
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BA109 Quiz 2 Questions and Answers 100% CorrectBA109 Quiz 2 Questions and Answers 100% CorrectBA109 Quiz 2 Questions and Answers 100% CorrectBA109 Quiz 2 Questions and Answers 100% Correct 
T/F Failure is an important part of the creative process, as it provides a chance to learn how to succeed. - ANSWER-True 
 
T/F Although creativity sometimes involves generating something from nothing, it more likely results in elaborating on the present, putting old things together in new ways, or taking som...
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