Ent 101 quiz 2 (cont. #3) exam with correct
answers
Entrepreneurial cognition - correct answer✔✔The knowledge structures that people use to
make assessments, judgments, or decisions
involving opportunity evaluation, venture creation, and growth.
Metacognition - correct answer✔✔Thinking about thinking. It is defined as the awareness and
understanding of one's own thought processes.
Metacognitive thinking strategies allow people to be aware of their own learning and memory
and improve them.
Executive functioning - correct answer✔✔Describes the higher-order cognitive process that
results in the entrepreneur framing a task
effectually, and thus why and how a particular strategy was included in a set of alternative
responses to the decision task
(metacognition).
Cognitive adaptability - correct answer✔✔The ability to be dynamic, flexible, and self-
regulating in one's cognitions given dynamic and
uncertain task environments.
Entrepreneurship theory - correct answer✔✔Entrepreneurs cause entrepreneurship.
Code of ethics - correct answer✔✔formal statement business values concerning ethics and
social issues. It refers to acceptable norms of
behavior, guided by 6 areas
answers
Entrepreneurial cognition - correct answer✔✔The knowledge structures that people use to
make assessments, judgments, or decisions
involving opportunity evaluation, venture creation, and growth.
Metacognition - correct answer✔✔Thinking about thinking. It is defined as the awareness and
understanding of one's own thought processes.
Metacognitive thinking strategies allow people to be aware of their own learning and memory
and improve them.
Executive functioning - correct answer✔✔Describes the higher-order cognitive process that
results in the entrepreneur framing a task
effectually, and thus why and how a particular strategy was included in a set of alternative
responses to the decision task
(metacognition).
Cognitive adaptability - correct answer✔✔The ability to be dynamic, flexible, and self-
regulating in one's cognitions given dynamic and
uncertain task environments.
Entrepreneurship theory - correct answer✔✔Entrepreneurs cause entrepreneurship.
Code of ethics - correct answer✔✔formal statement business values concerning ethics and
social issues. It refers to acceptable norms of
behavior, guided by 6 areas
