BRAINSCAPE1
ENT 240 Exam with complete
solutions latest version
Very few fields of study recognize entrepreneurship as the solution to critical
problems, this is why majoring in entrepreneurship will give you an advantage in
the marketplace. - CORRECT ANSWER-False
If we look back to 2002 research, a prediction was made that less than _________
percent of jobs were lost to outsourcing - CORRECT ANSWER-1.3%
There is an __________ relationship between entrepreneurship and gross
domestic product according to the GEM Study. - CORRECT ANSWER-Inverse
This country has become like a super market for those interested in
manufacturing. - CORRECT ANSWER-China
How many of the suppliers to Walmart are based in China? - CORRECT ANSWER-
80%
As firms develop in an international context, their pursuits take form in various
ways including: - CORRECT ANSWER-All of the s are correct
Econometric studies tend to show a correlation between the levels of - CORRECT
ANSWER-entrepreneurial activities, national wealth, and economic wealth
According to your online lecture which of the following is the reason American
culture is so conducive to entrepreneurial experiences? - CORRECT ANSWER-In
the US we find it important to examine and sometimes eliminate barriers to trade.
The three main values of the creative class include: - CORRECT ANSWER-
Individuality
Included in the inventions that have democratized entrepreneurship is the: -
CORRECT ANSWER-Cell phone
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, BRAINSCAPE1
On the continent of African you will find the fastest growing emerging economies.
- CORRECT ANSWER-False
An entrepreneur creates an organization to harvest an opportunity. - CORRECT
ANSWER-True
Economically speaking, in order to encourage competition countries must
eliminate barriers by: - CORRECT ANSWER-Supporting free trade and with the
use of patents.
Schumpeter was the first philosopher who paid attention to the concept of
entrepreneurship. - CORRECT ANSWER-False
_________ of entrepreneurial activity is reported to be initiated by men -
CORRECT ANSWER-2/3
Who wrote, " Perfect competition is not only impossible but inferior". - CORRECT
ANSWER-Schumpeter
Entrepreneurship begins only with implementation. - CORRECT ANSWER-false
The moral and pragmatic defense of capitalism involves not simply an affirmation
of the virtues of capitalism, but also a critique of the state. - CORRECT ANSWER-
true
The broad pragmatic arguments for capitalism as a way of organizing economic
activities include: - CORRECT ANSWER-capitalism provides the most effective
way of coordinating a complex economic system
Capitalism is defined by three principle conditions which include: - CORRECT
ANSWER-production is organized for the market
Most entrepreneurs are born with the skills needed to be successful
entrepreneurs. - CORRECT ANSWER-false
Entrepreneurs are more tolerant of risks than managers in larger organizations. -
CORRECT ANSWER-false
Successful entrepreneurs give up when the business becomes difficult. -
CORRECT ANSWER-false
Donald Trump is an example of - CORRECT ANSWER-Serial Entrepreneur
Which of the following is an example of a reluctant entrepreneur? - CORRECT
ANSWER-Doctor
The term "Entrepreneur" has origins in: - CORRECT ANSWER-France
BRAINSCAPE1
ENT 240 Exam with complete
solutions latest version
Very few fields of study recognize entrepreneurship as the solution to critical
problems, this is why majoring in entrepreneurship will give you an advantage in
the marketplace. - CORRECT ANSWER-False
If we look back to 2002 research, a prediction was made that less than _________
percent of jobs were lost to outsourcing - CORRECT ANSWER-1.3%
There is an __________ relationship between entrepreneurship and gross
domestic product according to the GEM Study. - CORRECT ANSWER-Inverse
This country has become like a super market for those interested in
manufacturing. - CORRECT ANSWER-China
How many of the suppliers to Walmart are based in China? - CORRECT ANSWER-
80%
As firms develop in an international context, their pursuits take form in various
ways including: - CORRECT ANSWER-All of the s are correct
Econometric studies tend to show a correlation between the levels of - CORRECT
ANSWER-entrepreneurial activities, national wealth, and economic wealth
According to your online lecture which of the following is the reason American
culture is so conducive to entrepreneurial experiences? - CORRECT ANSWER-In
the US we find it important to examine and sometimes eliminate barriers to trade.
The three main values of the creative class include: - CORRECT ANSWER-
Individuality
Included in the inventions that have democratized entrepreneurship is the: -
CORRECT ANSWER-Cell phone
BRAINSCAPE1
, BRAINSCAPE1
On the continent of African you will find the fastest growing emerging economies.
- CORRECT ANSWER-False
An entrepreneur creates an organization to harvest an opportunity. - CORRECT
ANSWER-True
Economically speaking, in order to encourage competition countries must
eliminate barriers by: - CORRECT ANSWER-Supporting free trade and with the
use of patents.
Schumpeter was the first philosopher who paid attention to the concept of
entrepreneurship. - CORRECT ANSWER-False
_________ of entrepreneurial activity is reported to be initiated by men -
CORRECT ANSWER-2/3
Who wrote, " Perfect competition is not only impossible but inferior". - CORRECT
ANSWER-Schumpeter
Entrepreneurship begins only with implementation. - CORRECT ANSWER-false
The moral and pragmatic defense of capitalism involves not simply an affirmation
of the virtues of capitalism, but also a critique of the state. - CORRECT ANSWER-
true
The broad pragmatic arguments for capitalism as a way of organizing economic
activities include: - CORRECT ANSWER-capitalism provides the most effective
way of coordinating a complex economic system
Capitalism is defined by three principle conditions which include: - CORRECT
ANSWER-production is organized for the market
Most entrepreneurs are born with the skills needed to be successful
entrepreneurs. - CORRECT ANSWER-false
Entrepreneurs are more tolerant of risks than managers in larger organizations. -
CORRECT ANSWER-false
Successful entrepreneurs give up when the business becomes difficult. -
CORRECT ANSWER-false
Donald Trump is an example of - CORRECT ANSWER-Serial Entrepreneur
Which of the following is an example of a reluctant entrepreneur? - CORRECT
ANSWER-Doctor
The term "Entrepreneur" has origins in: - CORRECT ANSWER-France
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