ELE 3010 MIDTERM EXAM HOPE PARNELL 2026
EXAM PREPARATION PACK KEY CIRCUITS AND
SYSTEMS ANALYSIS WITH SAMPLE QUESTIONS
◉ exist when the basic (relatively easy to observe) elements of the
technology resemble the basic elements of the market. Answer: In
regards to thinking structurally, superficial similarities:
◉ False. Answer: T/F: Newness of a new entry is always an
advantage
◉ False. Answer: T/F: In encouraging a culture for corporate
entrepreneurship, using older, proven, technology is recommended
in order to increase stability in the organization
◉ False. Answer: T/F: A reflection task would involve thinking about
what strategies should be used to solve a problem
◉ a narrow-scope strategy. Answer: Offering a small product range
to a small number of customer groups is:
◉ Entrepreneurs rent or sporadically use resources; managers like
to own resources. Answer: In regards to the differences between the
, entrepreneurial and administrative focuses which of the following is
correct?
◉ True. Answer: T/F: Bricolage is entrepreneurs making do by
applying combinations of the resources at hand to new problems
and opportunities
◉ the desire to grow at a slow and controlled pace. Answer:
Entrepreneurial culture and growth orientation consists of all of the
following except:
◉ opens the firm to make different "fronts" of competition. Answer:
A broad-scope strategy:
◉ True. Answer: T/F: The McMullen-Shepherd Model helps identify
the common traits of successful entrepreneurs
◉ Proactiveness. Answer: ________ includes initiative and risk taking,
as well as competitive aggressiveness and boldness
◉ there are short term horizons. Answer: All these are
characteristics of an entrepreneurial environment except:
EXAM PREPARATION PACK KEY CIRCUITS AND
SYSTEMS ANALYSIS WITH SAMPLE QUESTIONS
◉ exist when the basic (relatively easy to observe) elements of the
technology resemble the basic elements of the market. Answer: In
regards to thinking structurally, superficial similarities:
◉ False. Answer: T/F: Newness of a new entry is always an
advantage
◉ False. Answer: T/F: In encouraging a culture for corporate
entrepreneurship, using older, proven, technology is recommended
in order to increase stability in the organization
◉ False. Answer: T/F: A reflection task would involve thinking about
what strategies should be used to solve a problem
◉ a narrow-scope strategy. Answer: Offering a small product range
to a small number of customer groups is:
◉ Entrepreneurs rent or sporadically use resources; managers like
to own resources. Answer: In regards to the differences between the
, entrepreneurial and administrative focuses which of the following is
correct?
◉ True. Answer: T/F: Bricolage is entrepreneurs making do by
applying combinations of the resources at hand to new problems
and opportunities
◉ the desire to grow at a slow and controlled pace. Answer:
Entrepreneurial culture and growth orientation consists of all of the
following except:
◉ opens the firm to make different "fronts" of competition. Answer:
A broad-scope strategy:
◉ True. Answer: T/F: The McMullen-Shepherd Model helps identify
the common traits of successful entrepreneurs
◉ Proactiveness. Answer: ________ includes initiative and risk taking,
as well as competitive aggressiveness and boldness
◉ there are short term horizons. Answer: All these are
characteristics of an entrepreneurial environment except:
