MNE3702
ASSIGNMENT 1: SEMESTER 1 & 2
2021
Question 1
Variables in the business environment are interrelated, that means a change in one
environmental variable will lead to a change in one another.
Changes in the business environment (markets. Technology, politics, regulations and
other areas? may lead to the following:
1 close doors for many business opportunities
2 open doors for many business opportunities
3 close some doors while opening others
4 none of the above
Refer to pages 7-8 in the textbook
Question 2
In this stage companies respond to this loss of control by centralizing operations as
well as decision making. This stage is referred to as…..
1. Growth through Coordination
2. Growth through collaboration
3. 1 & 2 combined
4. None of the above
Refer to pages 16-18 in the textbook
, Question 3
Which of the following statement is correct?
1 entrepreneurs are well organized people who do not deviate from their plan they
do so because they acknowledge the hard work that they put in mapping out the
direction of their business, therefore are organized.
2 entrepreneurs are assumed by some as disorganized and unstructured, they leave
it to others to keep things on track, therefore are chaotic.
3 Like any other entrepreneur, corporate entrepreneurs face the challenges of
raising capital to gap an opportunity.
4 None of the above
Refer to page 31 in the textbook
Question 4
Which of the following statements is not correct?
1 One benefit of becoming a corporate entrepreneur is that there is high potential
for unlimited earnings.
2 Start-up entrepreneurs face severe resource limitations
3 In corporate entrepreneurship there is more room for errors
4 start-up entrepreneurs own more than a company
Refer to page 38 in the textbook
Question 5
Corporate entrepreneurs’ motivation has more to do with the desire to create
something successful. Therefore corporate entrepreneurs
1 have to do all the things involved in starting up one’s own business
2 have nothing to do with starting up a business
3 like to think of themselves
4 None of the above
Refer page 42 in the textbook
ASSIGNMENT 1: SEMESTER 1 & 2
2021
Question 1
Variables in the business environment are interrelated, that means a change in one
environmental variable will lead to a change in one another.
Changes in the business environment (markets. Technology, politics, regulations and
other areas? may lead to the following:
1 close doors for many business opportunities
2 open doors for many business opportunities
3 close some doors while opening others
4 none of the above
Refer to pages 7-8 in the textbook
Question 2
In this stage companies respond to this loss of control by centralizing operations as
well as decision making. This stage is referred to as…..
1. Growth through Coordination
2. Growth through collaboration
3. 1 & 2 combined
4. None of the above
Refer to pages 16-18 in the textbook
, Question 3
Which of the following statement is correct?
1 entrepreneurs are well organized people who do not deviate from their plan they
do so because they acknowledge the hard work that they put in mapping out the
direction of their business, therefore are organized.
2 entrepreneurs are assumed by some as disorganized and unstructured, they leave
it to others to keep things on track, therefore are chaotic.
3 Like any other entrepreneur, corporate entrepreneurs face the challenges of
raising capital to gap an opportunity.
4 None of the above
Refer to page 31 in the textbook
Question 4
Which of the following statements is not correct?
1 One benefit of becoming a corporate entrepreneur is that there is high potential
for unlimited earnings.
2 Start-up entrepreneurs face severe resource limitations
3 In corporate entrepreneurship there is more room for errors
4 start-up entrepreneurs own more than a company
Refer to page 38 in the textbook
Question 5
Corporate entrepreneurs’ motivation has more to do with the desire to create
something successful. Therefore corporate entrepreneurs
1 have to do all the things involved in starting up one’s own business
2 have nothing to do with starting up a business
3 like to think of themselves
4 None of the above
Refer page 42 in the textbook
