Entrepreneurship

Question 1

innovation, persistence, goal driven and a risk taker are key traits of an Intrapreneur

Accepted Answer

False

Question 2

Environmental Scanning analyses the external environments only

Accepted Answer

False

Question 3

Ecopreneurs are driven by solving issues related to people

Accepted Answer

False

Question 4

passionate visionaries, creative thinkers, risk takers, good leaders, independent spirits, opportunists, perseverance

Accepted Answer

Qualities of an Entrepreneur

Question 5

People, planet profit refers to the triple bottom line!

Accepted Answer

True

Question 6

Strong driving forces in our economy that are driven by profit, provide goods and services as well as create employment.

Accepted Answer

Entrepreneurs

Question 7

Social entrepreneurs solve issues that are profit related

Accepted Answer

False

Question 8

Continuous environmental scanning on an ongoing basis takes place by making use of the following tools:

Accepted Answer

SWOT (particularly SW in the micro environment), Porters 6 , PESTLE

Question 9

Planning consists of SMARTER GOALS, SWOT, Business plan & an action plan

Accepted Answer

True

Question 10

Environmental Scanning is a 360 degree process

Accepted Answer

it keeps a finger on competitors, it identifies threats before they are a problem, it spots opportunities and gaps in the market, it allows the entrepreneur to create both long term & short term goals

Question 11

Entrepreneurship is ALWAYS a choice

Accepted Answer

False

Question 12

business plans to action plans make use of

Accepted Answer

all of the above

Question 13

Intrapreneurs prefer:

Accepted Answer

all of the above

Question 14

the basic management elements such as ______________ can be learnt.

Accepted Answer

planning, organising leading control (POLC)

Entrepreneurship

Questions 14

Entrepreneurship

Questions 14