DOWNLOAD THE Test Bank for Launching New Ventures An Entrepreneurial Approa
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
ch 8th Edition Allen WQ WQ WQ
True / False WQ WQ
1. Entrepreneurship is a personal journey that begins in the mind of an individual.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.1 Profile WQ WQ
QUESTION TYPE: True / False
WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.01 - LO: 02.01
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 10/1/2018 2:39 AM WQ WQ
2. Research has enabled us to identify a stereotypical entrepreneur.
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a. True
b. False
ANSWER: False
POINTS: 1
REFERENCES: A-Head: 2.1 Saying Goodbye to Stereotypes WQ WQ WQ WQ WQ
QUESTION TYPE: True / FalseWQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.01 - LO: 02.01
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 11/19/2019 2:39 PM WQ WQ
3. One false assumption about entrepreneurship is that it takes a lot of money to start a business.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.1 Saying Goodbye to Stereotypes WQ WQ WQ WQ WQ
QUESTION TYPE: True / False WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.01 - LO: 02.01
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 10/1/2018 2:39 AM WQ WQ
4. In an entrepreneurial endeavor, risk is correlated with reward—
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the greater the risk taken, the greater the reward expected.
WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: False
Copyright Cengage Learning. Powered by Cognero
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WQ
.
mynursytest.store
,DOWNLOAD THE Test Bank for Launching New Ventures An Entrepreneurial Approa
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
ch 8th Edition Allen WQ WQ WQ
POINTS: 1
REFERENCES: A-Head: 2.1 Saying Goodbye to Stereotypes
WQ WQ WQ WQ WQ
QUESTION TYPE: WQ True / False
WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: WQ W Q ENTR.ALLN.20.02.01 - LO: 02.01 WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED:
WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED:
WQ 10/1/2018 2:39 AM WQ WQ
5. If entrepreneurs haven't started their first business by the time they are 30, it is too late.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: False
POINTS: 1
REFERENCES: A-Head: 2.1 Saying Goodbye to Stereotypes WQ WQ WQ WQ WQ
QUESTION TYPE: WQ True / False WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.01.01 - LO: 01.01
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Remember WQ
DATE CREATED:
WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED:
WQ 10/1/2018 2:39 AM WQ WQ
6. Usually it's not the idea but the execution plan that makes the business a success.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.1 Saying Goodbye to Stereotypes WQ WQ WQ WQ WQ
QUESTION TYPE: WQ True / False WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.01 - LO: 02.01
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED:
WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED:
WQ 11/19/2019 2:40 PM WQ WQ
7. Today, many enterprising people are turning to nonprofit types of ventures to realize their entrepreneurial dreams.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.2 Paths to Entrepreneurship WQ WQ WQ WQ
QUESTION TYPE: True / False
WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.02 - LO: 02.02
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
Copyright Cengage Learning. Powered by Cognero
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WQ
.
mynursytest.store
, DOWNLOAD THE Test Bank for Launching New Ventures An Entrepreneurial Approa
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
ch 8th Edition Allen WQ WQ WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 10/1/2018 2:39 AM WQ WQ
8. In the United States, opportunity-driven entrepreneurship is far more prevalent than in efficiency-
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driven or factor-
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driven economies such as Brazil and Uganda, where entrepreneurship frequently happens out of necessity.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.2 Paths to Entrepreneurship WQ WQ WQ WQ
QUESTION TYPE: True / False WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.02 - LO: 02.02
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Remember WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 11/19/2019 2:40 PM WQ WQ
9. Entrepreneurs create opportunity first from unmet needs or unsolved problems in the market and only then do th
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ey gather the resources to exploit that opportunity.
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a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.3 The Challenges and Opportunities of Entrepreneurship WQ WQ WQ WQ WQ WQ WQ
QUESTION TYPE: True / False WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.03 - LO: 02.03
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 10/1/2018 2:39 AM WQ WQ
10. Strong ties play an important role in the entrepreneurial process because entrepreneurs typically move forward fast
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er with the help and support of strong ties who have a prior history with the entrepreneur.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: False
POINTS: 1
REFERENCES: A-Head: 2.4 Preparing to Become an Entrepreneur WQ WQ WQ WQ WQ WQ
QUESTION TYPE: True / False WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.04 - LO: 02.04
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED: WQ 10/1/2018 12:53 AM WQ WQ
DATE MODIFIED: WQ 10/1/2018 2:39 AM WQ WQ
Multiple Choice WQ
Copyright Cengage Learning. Powered by Cognero
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WQ
.
mynursytest.store
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
ch 8th Edition Allen WQ WQ WQ
True / False WQ WQ
1. Entrepreneurship is a personal journey that begins in the mind of an individual.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.1 Profile WQ WQ
QUESTION TYPE: True / False
WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.01 - LO: 02.01
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 10/1/2018 2:39 AM WQ WQ
2. Research has enabled us to identify a stereotypical entrepreneur.
WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: False
POINTS: 1
REFERENCES: A-Head: 2.1 Saying Goodbye to Stereotypes WQ WQ WQ WQ WQ
QUESTION TYPE: True / FalseWQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.01 - LO: 02.01
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 11/19/2019 2:39 PM WQ WQ
3. One false assumption about entrepreneurship is that it takes a lot of money to start a business.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.1 Saying Goodbye to Stereotypes WQ WQ WQ WQ WQ
QUESTION TYPE: True / False WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.01 - LO: 02.01
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 10/1/2018 2:39 AM WQ WQ
4. In an entrepreneurial endeavor, risk is correlated with reward—
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the greater the risk taken, the greater the reward expected.
WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: False
Copyright Cengage Learning. Powered by Cognero
WQ WQ WQ WQ WQ Page 1
WQ
.
mynursytest.store
,DOWNLOAD THE Test Bank for Launching New Ventures An Entrepreneurial Approa
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
ch 8th Edition Allen WQ WQ WQ
POINTS: 1
REFERENCES: A-Head: 2.1 Saying Goodbye to Stereotypes
WQ WQ WQ WQ WQ
QUESTION TYPE: WQ True / False
WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: WQ W Q ENTR.ALLN.20.02.01 - LO: 02.01 WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED:
WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED:
WQ 10/1/2018 2:39 AM WQ WQ
5. If entrepreneurs haven't started their first business by the time they are 30, it is too late.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: False
POINTS: 1
REFERENCES: A-Head: 2.1 Saying Goodbye to Stereotypes WQ WQ WQ WQ WQ
QUESTION TYPE: WQ True / False WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.01.01 - LO: 01.01
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Remember WQ
DATE CREATED:
WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED:
WQ 10/1/2018 2:39 AM WQ WQ
6. Usually it's not the idea but the execution plan that makes the business a success.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.1 Saying Goodbye to Stereotypes WQ WQ WQ WQ WQ
QUESTION TYPE: WQ True / False WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.01 - LO: 02.01
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED:
WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED:
WQ 11/19/2019 2:40 PM WQ WQ
7. Today, many enterprising people are turning to nonprofit types of ventures to realize their entrepreneurial dreams.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.2 Paths to Entrepreneurship WQ WQ WQ WQ
QUESTION TYPE: True / False
WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.02 - LO: 02.02
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
Copyright Cengage Learning. Powered by Cognero
WQ WQ WQ WQ WQ Page 2
WQ
.
mynursytest.store
, DOWNLOAD THE Test Bank for Launching New Ventures An Entrepreneurial Approa
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
ch 8th Edition Allen WQ WQ WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 10/1/2018 2:39 AM WQ WQ
8. In the United States, opportunity-driven entrepreneurship is far more prevalent than in efficiency-
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
driven or factor-
WQ WQ
driven economies such as Brazil and Uganda, where entrepreneurship frequently happens out of necessity.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.2 Paths to Entrepreneurship WQ WQ WQ WQ
QUESTION TYPE: True / False WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.02 - LO: 02.02
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Remember WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 11/19/2019 2:40 PM WQ WQ
9. Entrepreneurs create opportunity first from unmet needs or unsolved problems in the market and only then do th
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
ey gather the resources to exploit that opportunity.
WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: True
POINTS: 1
REFERENCES: A-Head: 2.3 The Challenges and Opportunities of Entrepreneurship WQ WQ WQ WQ WQ WQ WQ
QUESTION TYPE: True / False WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.03 - LO: 02.03
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED: WQ 6/14/2018 11:37 AM WQ WQ
DATE MODIFIED: WQ 10/1/2018 2:39 AM WQ WQ
10. Strong ties play an important role in the entrepreneurial process because entrepreneurs typically move forward fast
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
er with the help and support of strong ties who have a prior history with the entrepreneur.
WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ WQ
a. True
b. False
ANSWER: False
POINTS: 1
REFERENCES: A-Head: 2.4 Preparing to Become an Entrepreneur WQ WQ WQ WQ WQ WQ
QUESTION TYPE: True / False WQ WQ WQ
HAS VARIABLES:
WQ False
LEARNING OBJECTIVES: ENTR.ALLN.20.02.04 - LO: 02.04
WQ W Q WQ WQ WQ
KEYWORDS: Bloom's: Understand WQ
DATE CREATED: WQ 10/1/2018 12:53 AM WQ WQ
DATE MODIFIED: WQ 10/1/2018 2:39 AM WQ WQ
Multiple Choice WQ
Copyright Cengage Learning. Powered by Cognero
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