DOWNLOAD THE Test Bank for Entrepreneurship The Art Science and Process for Su
p p p p p p p p p p p p
ccess 2nd Edition Bamford p p p
Chapter 02 In
p p
dividual Leadership and Entrepreneurial Start-Ups
p p p p
Truep/pFalsepQuestions
1. Therepisponepcrucialppersonpinpaplargeporganization:pthepchiefpexecutivepofficer.
True False
2. Largepcompaniesphavepexcesspresourcesptopassistpthem.pThispexcesspispcalledpboundariespunlimited.
True False
3. Organizationalpslackpallowsplargeporganizationspflexibilitypthatpispnotpavailableptopsmaller
p companies.
True False
4. Apnewpentrepreneurialpbusinessphaspmanypformalpproceduresptopfollow.
True False
5. Thepmostpimportantppersonpinpanpentrepreneurialpbusinesspispthepfounder.
True False
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HillpEducation.pAllprightspreserved.pNopreproductionporpdistributionpwithoutptheppriorpwrittenpconsentpofp McGraw-HillpEducation.
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ccess 2nd Edition Bamford p p p
6. Inpapsmallpfamilypbusiness,pthepmostpimportantpsupportpgrouppispthepfamily.
True False
7. Apsmallpbusinessphasplesspflexibilityptoprespondptopchangepthanpaplargepcompany.
True False
8. Largepfirmspcanpfillpmarketpnichespthatpsmallpcompaniespcannotpaffordptopfill.
True False
9. Onepadvantagepthatpaplargepfirmphaspoverpapsmallpfirmpispeconomiespofpscale.
True False
10. Thepunlimitedptheorypsuggestspthatpindividualspactptopmaximizeptheirpownpindividualpbenefit.
True False
11. ThepagencyptheorypimpliespthatpapsmallpbusinesspownerpispmoreplikelyptopgoponpthepInternetptopfind
p thepcheapestptravelpticketpavailablepinporderptopsavepmoneypforpthepbusiness.
True False
12. Onepofpthepgreatestpassetspofpapsmallpbusinesspispthepowner.
True False
13. Potentialpentrepreneurspmustpdetermineptheplevelpofpriskpthatptheyparepableptoptolerate.
True False
2-2
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HillpEducation.pAllprightspreserved.pNopreproductionporpdistributionpwithoutptheppriorpwrittenpconsentpofp McGraw-HillpEducation.
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p p p p p p p p p p p p
ccess 2nd Edition Bamford p p p
14. Thepprofitppointpispwhenpapnewpbusinessphaspreachedpaplevelpwhereprevenuepcomingpintopthepfirmpis
p sufficientptopcoverpexpenses.
True False
15. Inpapsmallpbusinesspanpownerpneedsptopconsiderphowpmuchpdebtpheporpshepwantsptopaccumulatepin
p thepbusiness.pThepgreaterpthepdebt,ptheplowerpthepriskptolerance.
True False
16. Therepispalwayspapcertainplevelpofpriskpthatpanpownerpwantsptopassume.
True False
17. Thepownerpmustpbepawarepofphisporpherpownptolerancepofpriskpandpestablishpapbusinesspthatpis
p consistentpwithpthatptolerance.
True False
18. Entrepreneurialporientationpreliesponpanpowner'sppriorpworkpexperience.
True False
19. Boundedprationalitypofferspthepindividualpfrompoutsidepanpindustrypthepunconstrainedprolepof
p decisionpmakingpthatpwaspnotppreviouslypconsidered.
True False
20. Futurepbusinesspownerspneedptopunderstandphowptheirpownpversionpofprationalitypaffectsptheir
p decisionpmaking.
True False
2-3
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HillpEducation.pAllprightspreserved.pNopreproductionporpdistributionpwithoutptheppriorpwrittenpconsentpofp McGraw-HillpEducation.
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p p p p p p p p p p p p
ccess 2nd Edition Bamford p p p
21. ThepMyers-Briggsptestpispusedpforppersonalitypevaluations.
True False
22. ApMyers-
Briggsptestpindicatespthepcorrectpwaypthatpindividualspshouldpdealpwithpotherppeoplepandptheirpen
vironments.
True False
23. ThepphilosophypofpthepEnneagramptestpispthatpappersonpispthepresultpofpallpthepexperiencespinphispor
p herplife.
True False
24. ThepBigpFiveptestpispcomposedpofpfivepfactorspinpdecision-makingpcriteria.
True False
25. Startingpapnewpbusinesspcouldpresultpfrompapparticularpeventporpconditionpwithinpanpindividual's
p environment.
True False
26. Havingpveryplittleptoplosepfinanciallypbypapfailurepcouldpbepaptriggerpforpapnewpbusiness.
True False
27. Twoptriggerspforpstartingpapnewpbusinesspareppersonalpmotivatorspandpcircumstancepmotivators.
True False
2-4
Copyrightp©p2016pMcGraw-
HillpEducation.pAllprightspreserved.pNopreproductionporpdistributionpwithoutptheppriorpwrittenpconsentpofp McGraw-HillpEducation.
mynursytest.store
p p p p p p p p p p p p
ccess 2nd Edition Bamford p p p
Chapter 02 In
p p
dividual Leadership and Entrepreneurial Start-Ups
p p p p
Truep/pFalsepQuestions
1. Therepisponepcrucialppersonpinpaplargeporganization:pthepchiefpexecutivepofficer.
True False
2. Largepcompaniesphavepexcesspresourcesptopassistpthem.pThispexcesspispcalledpboundariespunlimited.
True False
3. Organizationalpslackpallowsplargeporganizationspflexibilitypthatpispnotpavailableptopsmaller
p companies.
True False
4. Apnewpentrepreneurialpbusinessphaspmanypformalpproceduresptopfollow.
True False
5. Thepmostpimportantppersonpinpanpentrepreneurialpbusinesspispthepfounder.
True False
2-1
Copyrightp©p2016pMcGraw-
HillpEducation.pAllprightspreserved.pNopreproductionporpdistributionpwithoutptheppriorpwrittenpconsentpofp McGraw-HillpEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Entrepreneurship The Art Science and Process for Su
p p p p p p p p p p p p
ccess 2nd Edition Bamford p p p
6. Inpapsmallpfamilypbusiness,pthepmostpimportantpsupportpgrouppispthepfamily.
True False
7. Apsmallpbusinessphasplesspflexibilityptoprespondptopchangepthanpaplargepcompany.
True False
8. Largepfirmspcanpfillpmarketpnichespthatpsmallpcompaniespcannotpaffordptopfill.
True False
9. Onepadvantagepthatpaplargepfirmphaspoverpapsmallpfirmpispeconomiespofpscale.
True False
10. Thepunlimitedptheorypsuggestspthatpindividualspactptopmaximizeptheirpownpindividualpbenefit.
True False
11. ThepagencyptheorypimpliespthatpapsmallpbusinesspownerpispmoreplikelyptopgoponpthepInternetptopfind
p thepcheapestptravelpticketpavailablepinporderptopsavepmoneypforpthepbusiness.
True False
12. Onepofpthepgreatestpassetspofpapsmallpbusinesspispthepowner.
True False
13. Potentialpentrepreneurspmustpdetermineptheplevelpofpriskpthatptheyparepableptoptolerate.
True False
2-2
Copyrightp©p2016pMcGraw-
HillpEducation.pAllprightspreserved.pNopreproductionporpdistributionpwithoutptheppriorpwrittenpconsentpofp McGraw-HillpEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Entrepreneurship The Art Science and Process for Su
p p p p p p p p p p p p
ccess 2nd Edition Bamford p p p
14. Thepprofitppointpispwhenpapnewpbusinessphaspreachedpaplevelpwhereprevenuepcomingpintopthepfirmpis
p sufficientptopcoverpexpenses.
True False
15. Inpapsmallpbusinesspanpownerpneedsptopconsiderphowpmuchpdebtpheporpshepwantsptopaccumulatepin
p thepbusiness.pThepgreaterpthepdebt,ptheplowerpthepriskptolerance.
True False
16. Therepispalwayspapcertainplevelpofpriskpthatpanpownerpwantsptopassume.
True False
17. Thepownerpmustpbepawarepofphisporpherpownptolerancepofpriskpandpestablishpapbusinesspthatpis
p consistentpwithpthatptolerance.
True False
18. Entrepreneurialporientationpreliesponpanpowner'sppriorpworkpexperience.
True False
19. Boundedprationalitypofferspthepindividualpfrompoutsidepanpindustrypthepunconstrainedprolepof
p decisionpmakingpthatpwaspnotppreviouslypconsidered.
True False
20. Futurepbusinesspownerspneedptopunderstandphowptheirpownpversionpofprationalitypaffectsptheir
p decisionpmaking.
True False
2-3
Copyrightp©p2016pMcGraw-
HillpEducation.pAllprightspreserved.pNopreproductionporpdistributionpwithoutptheppriorpwrittenpconsentpofp McGraw-HillpEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Entrepreneurship The Art Science and Process for Su
p p p p p p p p p p p p
ccess 2nd Edition Bamford p p p
21. ThepMyers-Briggsptestpispusedpforppersonalitypevaluations.
True False
22. ApMyers-
Briggsptestpindicatespthepcorrectpwaypthatpindividualspshouldpdealpwithpotherppeoplepandptheirpen
vironments.
True False
23. ThepphilosophypofpthepEnneagramptestpispthatpappersonpispthepresultpofpallpthepexperiencespinphispor
p herplife.
True False
24. ThepBigpFiveptestpispcomposedpofpfivepfactorspinpdecision-makingpcriteria.
True False
25. Startingpapnewpbusinesspcouldpresultpfrompapparticularpeventporpconditionpwithinpanpindividual's
p environment.
True False
26. Havingpveryplittleptoplosepfinanciallypbypapfailurepcouldpbepaptriggerpforpapnewpbusiness.
True False
27. Twoptriggerspforpstartingpapnewpbusinesspareppersonalpmotivatorspandpcircumstancepmotivators.
True False
2-4
Copyrightp©p2016pMcGraw-
HillpEducation.pAllprightspreserved.pNopreproductionporpdistributionpwithoutptheppriorpwrittenpconsentpofp McGraw-HillpEducation.
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