Select one:
a. Early Adopters
b. Late majority
c. Early majorities
d. All of the above
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The correct answer is: Late majority
The modern definition of entrepreneurship according to Hoffman must consider the following three
components:
Select one:
a. Entrepreneurs, Entrepreneurial Activity and Entrepreneurship
b. Entrepreneurs, Entrepreneurial Background and Entrepreneurship
c. Economy, Entrepreneurial Activity and Entrepreneurship
d. Entrepreneurs and their activities and business gains.
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The correct answer is: Entrepreneurs, Entrepreneurial Activity and Entrepreneurship
Lao Tzu's metaphor about water is relevant to entrepreneurship because of these two characteristics:
Select one:
a. flexibility and yielding
,b. flexibility and force
c. strength and force
d. all of the above
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The correct answer is: flexibility and yielding
Cash flow insolvency involves a lack of liquidity to pay debts as they fall due.
Select one:
True
False
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The correct answer is 'True'.
According to H. Ford when working on developing a horseless carriage, he had to work:
Select one:
a. From the ground up
b. Simultaneously on everything
c. From the top down
d. In collaboration with other entrepreneurs working on the same invention
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The correct answer is: From the ground up
,Buyer's Value Chain include (in sequence):
Select one:
a. Search for product - Buy Product - Take Delivery - Use - Buy consumables - repair - dispose
b. Research the product - Buy Product - Take Delivery - Use - Buy consumables - repair - dispose
c. Search for product - Research the best buy Product - Take Delivery - Use - Buy consumables -
repair - dispose
d. Search for product - Buy Product - Take Delivery - Use - Buy consumables - buy a better product -
dispose of the old one
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The correct answer is: Search for product - Buy Product - Take Delivery - Use - Buy consumables -
repair - dispose
According to Harvard Business School what is the best definition of entrepreneurship?
Select one:
a. Entrepreneurship is the pursuit of opportunity without regard to resources currently
controlled.
b. Entrepreneurship is the pursuit of opportunity with regard to resources currently controlled.
c. Entrepreneurship is the pursuit of opportunity based on resources currently controlled.
d. Entrepreneurship is the pursuit of business opportunity that is directly linked with regard to
resources currently controlled.
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The correct answer is: Entrepreneurship is the pursuit of opportunity without regard to resources
, currently controlled.
Question 18
Correct
Mark 1.00 out of 1.00
Question text
Jean Monnet (France):
Select one:
BUS 4401 Entrepreneurship 2 – Review Quiz 9
a. Responsible for the reconstruction of the French economy following World War II, including the
establishment of the European Coal and Steel Community (ECSC). The ECSC and the European
Common Market were direct precursors of the European Union.
b. Responsible for the reconstruction of the French and American economy following World War II,
including the establishment of the European-American Coal and Steel Community (EACSC). The
ECSC and the European Common Market were direct precursors of the European Union.
c. Founder of the Planned Parenthood Federation of France, he led the movement for family
planning efforts around the world.
d. Founder of the Planned Parenthood Federation of America, he led the movement for family
planning efforts around the world, including America-France partnership.
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The correct answer is: Responsible for the reconstruction of the French economy following World
War II, including the establishment of the European Coal and Steel Community (ECSC). The ECSC
and the European Common Market were direct precursors of the European Union.