Technoprenuership - prelim to finals PDF

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Question 1CorrectMark 1 out of 1.Flag question Question text Which of the following is/are the Benefits of Entrepreneurship? Select one: Do what you enjoy and to have fun at it Contribute to society and to be recognized for your efforts Reap impressive profits All of the above Feedback Your answer i...

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Question 1 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Benefits of Entrepreneurship? Select one: Do what you enjoy and to have fun at it Contribute to society and to be recognized for your efforts Reap impressive profits All of the above

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Question text Entrepreneurs tend to exhibit __________ . Select one: Tolerance for ambiguity Flexibility A high degree of commitment All of the above

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Question text Any activity which is undertaken with an intention to earn profit is called __________ . Select one: employment asset credit business

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Question text Entrepreneurs are paralyzed by the prospect of failure. Select one: True False

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Question text Which of the following is/are the Deadly Mistakes of Entrepreneurship? Select one: Poor Location Improper Inventory Control All of the above Incorrect Pricing

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Question text One characteristic of entrepreneurs that stands out is __________ . Select one: hard work Diversity originality hospitality

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Question text Which of the following is/are the Characteristics of Entrepreneurs? Select one: All of the above Confidence in their ability to succeed Desire for responsibility Preference for moderate levels of risk – risk eliminators

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Question text Which of the following is/are the Deadly Mistakes of Entrepreneurship? Select one: Management Mistakes Poor Financial Controls All of the above Lack of Experience

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Question text Which of the following is/are the Cultural Diversity of Entrepreneurship? Select one: Copreneurs All of the above Family businesses Corporate castoffs

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Question text Which of the following is/are the Cultural Diversity of Entrepreneurship? Select one: a. Home-based businesses b. All of the above c. Part-time entrepreneurs d. Immigrant entrepreneurs

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Question text One who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying opportunities and assembling the necessary resources to capitalize on them. Select one: stakeholder distributor business owner entrepreneur

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Question text Which of the following is/are the Deadly Mistakes of Entrepreneurship? Select one: Weak Marketing Efforts All of the above

Failure to develop a strategic Plan Uncontrolled Growth

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Question text Failure is a natural part of the creative process. Select one: True False

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Question text Most entrepreneurs turn to family members and friends for _________ . Select one: capital love motivation support

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Question text Which of the following is/are the Drawbacks of Entrepreneurship? Select one: Uncertainty of income Risk of losing your entire investment All of the above Long hours and hard work

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Question text Which of the following is/are the Characteristics of Entrepreneurs? Select one: Value achievement over money Future orientation – opportunity, necessity, and serial entrepreneurs All of the above

Skilled at organizing

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Question text Which of the following is/are the Drawbacks of Entrepreneurship? Select one: All of the above Complete responsibility High levels of stress Discouragement

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Question text According to study reports of Global Entrepreneurship Monitor (GEM), that men are twice as likely to start a business as women. Select one: True

False

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Question text Which of the following is/are the Cultural Diversity of Entrepreneurship? Select one: Retiring baby boomers Corporate dropouts Social entrepreneurs All of the above

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Question text Which of the following is/are the Benefits of Entrepreneurship? Select one: Reach your full potential Create your own destiny All of the above

Make a difference

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Question text Successful entrepreneurs learn to fail intelligently. Select one: True False

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Question text According to study reports of Global Entrepreneurship Monitor (GEM), entrepreneurs are most likely to launch businesses when they are between the ages of 35 and 44. Select one: True False

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Question text Which of the following is/are the Characteristics of Entrepreneurs? Select one: All of the above High level of energy Determination Desire for immediate feedback

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Question text Which of the following is/are the Cultural Diversity of Entrepreneurship? Select one: Young entrepreneurs All of the above Women entrepreneurs Minority-owned enterprises

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Question text Entrepreneurs tend to exhibit __________ . Select one: Tenacity All of the above none of the above A willingness to work hard

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Question text Entrepreneur must establish an environment in which creativity can flourish for themselves and for their workers. Select one: True False

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Question text Leaders of innovation has identified the following secrets for Leading Creativity: Select one: They Maximize team Synergy, balance and focus They Refuse to take ‘’no’’ for an Answer All of the above They Love what they do and fun doing it

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Question text It refers to something new or to a change made to an existing product, idea, or field. Select one:

Invention Innovation Creativity Entrepreneurship

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Question text Leaders of innovation has identified the following secrets for Leading Creativity: Select one: They are Visionaries They Listen To Customer All of the above They Think

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Question text It is the ability to create new and useful ideas that solve problems and challenges people face everyday. Select one: Creativity Innovation Application Entrepreneurship

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Question text Entrepreneur can stimulate their own creativity and encourage it among workers by: Select one: Encouraging Curiosity Viewing Problems as Challenges Providing Creativity Training

All of the above

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Question text It involves generating something from nothing. Select one: Creativity Innovation Application Entrepreneurship

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Question text The barrier/s of creativity is/are the following:

Select one: All of the above Searching for the one “right” answer. Blindly following the rules. Focusing on “being logical”.

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Question text People who rely more heavily on the right half of their brain tend to be more imaginative and intuitive. Select one: True False

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Question text Entrepreneur can stimulate their own creativity and encourage it among workers by: Select one: Expecting Creativity All of the above Expecting And Tolerating Failure Embracing Diversity

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Question text Leaders of innovation has identified the following secrets for Leading Creativity: Select one: All of the above They Maintain a Culture Of Change They Understand How To Manage Ideas They are People Centered

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Question text Left brain dominated people tend to be more logical and analytical in their thinking and usually excel at mathematics and word skills. Select one: True False

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Question text The barrier/s of creativity is/are the following: Select one: Fearing looking foolish. Fearing mistakes and failure. Avoiding ambiguity. All of the above

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Question text Entrepreneur can stimulate their own creativity and encourage it among workers by: Select one: Developing a Procedure For Capturing Ideas Rewarding Creativity All of the above Providing Support

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Question text The barrier/s of creativity is/are the following: Select one:

All of the above Constantly being practical. Viewing play as frivolous. Becoming overly specialized.

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Question text Negative external factors that inhibit the firm's ability to accomplish its mission, goals, and objectives. Select one: opportunities strengths weaknesses threats

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Question text The aggregation of factors that sets a company apart from its competitors and gives it a unique position in the market that is superior to its competition. Select one: franchise strategic management competitive advantage strategic plan

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Question text Negative internal factors that inhibit a company’s ability to accomplish its mission, goals, and objectives. Select one: weaknesses strengths vision

mission

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Question text The practice of gathering, organizing, and disseminating the collective wisdom and experience of a company’s employees for the purpose of strengthening its competitive position. Select one: strategy objectives purpose goals

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Question text which of the following is/are Strategic Management Process? Select one: All of the above Establish accurate controls. Formulate strategies. Translate plans into actions.

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Question text It is a written expression of how the company will reflect an entrepreneur’s values, beliefs, and vision – more than just “making money.” Select one: mission goal vision objectives

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Question text which of the following is/are Strategic Management Process? Select one: Identify key success factors. All of the above Create goals and objectives. Analyze competition.

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Question text Positive external factors the company can exploit to accomplish its mission, goals, and objectives. Select one: threats strengths

opportunities weaknesses

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Question text Positive internal factors a company can draw on to accomplish its mission, goals, and objectives. Select one: mission vision strengths weaknesses

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Question text which of the following is/are aspects of a small company? Select one: Products they sell Pricing they offer All of the above Service they provide

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Question text A clearly defined vision __________ . Select one: Determines decisions Motivates people Provides direction all of the above

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Question text It involves developing a game plan to guide a company as it strives to accomplish its mission, goals , and objectives, and to keep it on its desired course. Select one: strategic plan franchise strategic management competitive advantage

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Question text It is a road map of the actions an entrepreneur draws up to achieve a company’s mission, goals, and objectives. Select one: purpose goals

objectives strategy

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Question text which of the following is/are Strategic Management Process? Select one: Develop a vision and translate it into a mission statement. Scan environment for opportunities and threats. Assess strengths and weaknesses. All of the above

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Question text It is the result of an entrepreneur’s dream of something that does not exist yet and the ability to paint a compelling picture of that dream for everyone to see. Select one: goal objectives vision mission

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Question text Which of the following is/are the Cultural Diversity of Entrepreneurship? Select one: Family businesses All of the above Copreneurs Corporate castoffs

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Question text The aggregation of factors that sets a company apart from its competitors and gives it a unique position in the market that is superior to its compe...