Entrepreneurship

Question 1

Ecopreneurs are driven by solving issues related to people

Accepted Answer

False

Question 2

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 3

the basic management elements such as ______________ can be learnt.

Accepted Answer

planning, organising leading control (POLC)

Question 4

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

Accepted Answer

True

Question 5

Environmental Scanning analyses the external environments only

Accepted Answer

False

Question 6

business plans to action plans make use of

Accepted Answer

all of the above

Question 7

Intrapreneurs prefer:

Accepted Answer

all of the above

Question 8

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

Accepted Answer

Entrepreneurs

Question 9

Environmental Scanning is a 360 degree process

Accepted Answer

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

Question 10

Social entrepreneurs solve issues that are profit related

Accepted Answer

False

Question 11

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

Accepted Answer

Qualities of an Entrepreneur

Question 12

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

Accepted Answer

False

Question 13

People, planet profit refers to the triple bottom line!

Accepted Answer

True

Question 14

Entrepreneurship is ALWAYS a choice

Accepted Answer

False

Entrepreneurship

Questions 14

Entrepreneurship

Questions 14