MAN 320F Exam 3 – UT Questions With
Solutions 100% Correct
entrepreneurship process of recognizing opportunities for new venture creation or new
value creation, deciding to exploit these opportunities, and exploiting the opportunities by the
way of new venture creation or new value creation for realization of some desired value
entrepreneur someone who organizes and operates a business or businesses taking on
greater than normal financial risks in order to do so
intraprenuer someone working inside an existing organization who sees an opportunity for
a product or service and mobilizes the organizations resources to realize the idea
self employment a way of working for yourself "as a freelancer or the owner of a business
rather than for an employer"
social entreprenuership consists of improvising systems, devising new approaches,
grasping opportunities others miss and generating solutions to change society for the better.
Characteristics of entrepreneurs - risk propensity
, MAN 320F Exam 3 – UT Questions With
Solutions 100% Correct
- generalized self efficacy
- need to achieve
- need for autonomy
- big 5 personality dimensions
- tolerance for ambiguity
- proactivity and work ethic
- internal locus of control
- innovative/creative ability
- positive intentions and attitudes
start up a newly created company designed to grow fast
patents licenses that give an inventor the exclusive right to make, use, or sell an invention
for a set period of time
Article: 6 habits of merely effective negotiators Mistake 1: Neglecting the other side's
problems
Mistake 2: letting price bulldoze other interests
Solutions 100% Correct
entrepreneurship process of recognizing opportunities for new venture creation or new
value creation, deciding to exploit these opportunities, and exploiting the opportunities by the
way of new venture creation or new value creation for realization of some desired value
entrepreneur someone who organizes and operates a business or businesses taking on
greater than normal financial risks in order to do so
intraprenuer someone working inside an existing organization who sees an opportunity for
a product or service and mobilizes the organizations resources to realize the idea
self employment a way of working for yourself "as a freelancer or the owner of a business
rather than for an employer"
social entreprenuership consists of improvising systems, devising new approaches,
grasping opportunities others miss and generating solutions to change society for the better.
Characteristics of entrepreneurs - risk propensity
, MAN 320F Exam 3 – UT Questions With
Solutions 100% Correct
- generalized self efficacy
- need to achieve
- need for autonomy
- big 5 personality dimensions
- tolerance for ambiguity
- proactivity and work ethic
- internal locus of control
- innovative/creative ability
- positive intentions and attitudes
start up a newly created company designed to grow fast
patents licenses that give an inventor the exclusive right to make, use, or sell an invention
for a set period of time
Article: 6 habits of merely effective negotiators Mistake 1: Neglecting the other side's
problems
Mistake 2: letting price bulldoze other interests
