FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 7: Entrepreneurship

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 1

True/False

Review LaterAdd Note

Review Later

Organizations that encourage intrapreneurship face the obvious risk that the effort can fail.

A) True
B) False

Correct Answer

verified

Show Answer

Question 2

Multiple Choice

Review LaterAdd Note

Review Later

The New York Times requires regular viewers of its online articles to pay a fee to maintain uninterrupted access. This is an example of the

A) Transaction fee model.
B) Advertising support model.
C) Intermediary model.
D) Affiliate model.
E) Subscription model.

F) A) and D)
G) A) and E)

Correct Answer

verified

Show Answer

Question 3

True/False

Review LaterAdd Note

In the subscription model for e-commerce, fees are charged to bring buyers and sellers together.

An entrepreneurial orientation includes being proactive and competitively aggressive.

Discussions of a defensible competitive advantage and the proposed customers are part of which key business planning element?

Start-ups have at least two major liabilities: being new and growing too fast.

Successful entrepreneurs are innovators and also have good knowledge and skills in management, business, and networking.

A small business is typically defined as having fewer than 20 employees and being in the first 10 years of its existence.

Discuss the key planning elements used in developing the best business plans, and the importance of each.

Online travel agents typically use the transaction fee model for e-commerce.

Benefits of business incubators include

Svyt worked in a hospital for several years before starting a medical equipment company. He was successful because he understood the problems that existed in the hospital environment, had clever solutions from which his customers benefited, and worked hard every day to find more. Which of the following characteristics does Svyt have?

Your roommate has just done an excellent job of describing some of the _________ about entrepreneurship.

Which formal planning step often overemphasizes financial projections while neglecting other information that is important to investors?

Franchising is an entrepreneurial alliance between two organizations, one of which benefits from growth and one of which benefits from the other's experience.

Benjamin wishes to open a new home furnishings company that will have no services that are particularly distinctive compared with competitors in this well-established field, and the business will require a sizable investment. Which part of the entrepreneurial strategy matrix would the new company be located in?

When Ashok worries about his network and his business's reputation, he is concerned with

Poor economic conditions make it especially difficult for an entrepreneurial organization to expand.

Which of the following is the fundamental reason for creating an opportunity analysis?

Legitimacy for a new venture means that the entrepreneur is part of a social network and has a good reputation.