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Entrepreneur Behaviour Flashcards | StudBud
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Entrepreneur Behaviour
Entrepreneur Behaviour
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#EB #ENTREPRENEUR #BEHAVIOUR #GROUP6
Flashcards
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Questions
25
Answers
1
Entrepreneurial behavior typically requires all of the following
EXCEPT
:
Invention of something new.
Creativity
Willingness to take risks.
Drive
2
What is the most common reason given for why people choose to become entrepreneurs?
To be their own boss.
To make a lot of money.
To be able to retire early.
To escape the long hours associated with corporate jobs.
3
If an Entrepreneur has an internal locus of control, this means that he/she :
Feels Comfortable in an Unstructured Situation
Believes Fate is a Powerful Force
Believes that Success or Failure depend on their own actions
Has a high need for Achievement
4
What are the triggers to start up in an entrepreneurial behavior?
Necessity, Money and Time
Motive, Behavior and Goal
Creativity, Autonomy and Market Opportunity
Creativity, Invest and Time
5
Which of the following is
NOT
a common myth about entrepreneurs?
Entrepreneur are gamblers.
Entrepreneur are born, not made.
Entrepreneurs love the spotlight.
Everyone has the potential to be an entrepreneur.
6
Which of the following is a common entrepreneurial trait?
All of the above
A need for Structured Environments
A high need for Achievement
Viewing changes as Threatening
7
What is the name of the Entrepreneur shown and What did he found/invent?
Bill Gates - Apple Inc
Steve Jobs - Microsoft
Bill Gates - Microsoft
Steve Jobs - Apple Inc
8
The following are David McClelland's Needs-Based Motivational Model
EXCEPT
?
Need for Autonomy
Need for Achievement
Need for Authority and Power
Need for Affiliation
9
What is the 5th step in Wiser Decision Making among 11 steps?
Define the decision as specifically as you can.
Specifics of each option.
Sort through all the alternatives
Be sure to review your decision at specified points.
10
What are the attributes of Strategic Resources?
Valuable, Rare and Non-Substitutable
Cost, Valuable, Quality
Essentiality, Cost and Quality
11
Who is David McClelland?
Physiologist
Philanthropist
Physiatrist
Psychologist
12
What was invented by the Wright Brothers?
Cable Car
Bicycle
Aeroplane
Submarine
13
Which of the following inputs is
NOT
involved in entrepreneurship?
Opportunity
Proactive Individual(s)
Risk
External Locus of Control
14
The Entrepreneurial Process is comprised of each of the following steps
EXCEPT
:
Managing and Growing the Entrepreneurial Firm
Inventing a New Product or Process
Deciding to become an Entrepreneur
Moving from an Idea to an Entrepreneurial Firm
15
A person's belief in his capability to perform a task is known as:
Beliefs and Values
Self-Determination
Self-Recognition, Beliefs, and Values
Self-Efficacy
16
Which Classroom/ Lecture Hall are we in right now for EB? :) :p
B105D
B101D
17
Who is the founder of
"Google"
?
Larry Ellison and Jeff Bezos
Richard Branson and Wright Jones
Larry Page and Sergey Brin
Howard Schultz and Fred Smith
18
All of the following are characteristics shared by successful entrepreneurs
EXCEPT
:
Tenacity Despite Failure
Product/ Customer Focus
Risk Averse
Passion
19
What are the elements in Pull Factors?
Hard reality
Compliance costs
Psychological
20
Entrepreneurs would be Best described as risk :
Averse
Managers
Rewarders
Loving
21
If someone starts a new business that is a service station, this is an example of a :
New Concept/ New Business
Existing Concept / Existing Business
New Concept/ Existing Business
Existing Concept/ New Business
22
What is the factor in entrepreneurial success?
Behavior
Creativity and Innovation
Personal Goals
Belief in Self and Ability
23
Entrepreneurship only pertains to starting new Businesses, not existing firms.
True
False
24
Entrepreneur and Inventor mean essentially the same thing.
TRUE
FALSE
25
What are the Barriers to Entrepreneurship?
Personal Inadequacy
Authority
Entrepreneur Background
Culture
