ENTR 2030 Exam | Questions with 100% Correct Answers

ENTR 2030 Exam | Questions with 100% Correct Answers Robert Donat created a new hardware/software solution by drawing upon his knowledge from working in two diverse areas—the Army and hedge funds. His previous experience and knowledge played a role in his success. What term describes the factor that motivated him to start a business in the first place? a. intuition b. innovation c. mindset d. resiliency Mindset has been traditionally described as ______. a. a person's inherent traits b. a type of personality c. a person's emotional intelligence d. an established set of attitudes held by someone The text describes two different types of mindsets. They are ______. a. growth mindset and stunted mindset b. fixed mindset and flexible mindset c. growth mindset and fixed mindset d. positive mindset and negative mindset People with a fixed mindset ______. a. perceive their talents and abilities as set traits b. are fixated on perfection and precision c. like to challenge themselves d. realize their brains and talents are not enough People with a growth mindset ______. a. are eager to enhance their talents and abilities b. are fixated on perfection and precision c. don't like to challenge themselves d. tend to give up after experiencing a setback Which of the following statements reflects a growth mindset? a. When I'm frustrated I give up. b. My natural abilities determine my success. c. I can learn anything I want to. d. I don't like to be challenged. Which of the following statements reflects a fixed mindset? a. When I'm frustrated, I persevere. b. I'm either good at something or I'm not. c. I like to be told that I try hard. d. I'm inspired by others' successes. Research has shown that overly praising someone only for their intelligence can ______. a. create a growth mindset b. create a fixed mindset c. inspire people to try harder d. encourage people to learn from failure Research has shown that praising someone for how hard they work and practice can ______. a. create a growth mindset b. create a fixed mindset c. foster a fear of failure d. cause people to avoid challenges When Mandi is frustrated, she perseveres until she resolves the issue causing her frustration. Mandi has a ______. a. growth mindset b. fixed mindset c. angry mindset d. right attitude George wants to challenge himself and feels entrepreneur ism is his next challenge. George ______. a. has the risk tolerance of a business owner b. has the growth mindset c. has the challenged mindset d. will be successful as a business owner Jenni is fine when she fails, as she sees failure as a way to learn. Jenni ______. a. has the growth mindset b. will always fail c. will go bankrupt d. should develop a business plan Debra is always told by her faculty that she tries hard. As an entrepreneur, Debra ______. a. is a type A personality b. tries too hard to see the big picture c. has the growth mindset d. has the fixed mindset Cyndi and Mandi are co-workers. When Cyndi sees Mandi succeed, she says she is inspired. Cyndi ______. a. has the growth mindset b. will be promoted after Mandi c. will be promoted before Mandi d. will learn to be successful from Mandi Paul is a very driven person who believes his effort and attitude determines everything. Paul ______. a. believes in the protestant work ethic b. has the growth mindset c. has the fixed mindset d. will succeed if only by his sheer will and effort Bob believes he is either good at something or he's not. It is as simple as that! Bob ______. a. has the fixed mindset b. is closed minded c. knows his skills and strengths d. can do anything he wants to do People at work know not to frustrate Bill as he tends to just give up. Bill ______. a. has the fixed mindset b. is closed minded c. is not easy to work with d. will have many different jobs in his career Image you score low on a math test. If you had a fixed mindset, you might say which of the following? a. I'll try harder next time. b. I'll seek out a math tutor to help me. c. I'll never be good at math. d. I'll do more practice problems before the next test. Which of the following is a benefit of having a growth mindset in the context of entrepreneurship? a. A growth mindset gives entrepreneurs confidence in their natural abilities. b. A growth mindset recognizes the importance of fixed traits. c. A growth mindset encourages entrepreneurs to take action even in uncertain circumstances. d. A growth mindset encourages entrepreneurs to view others' success as mere luck. An entrepreneurial mindset can be described as ______. a. the ability to avoid failure and mistakes b. the ability to take action in stable, low-risk environments c. the ability to develop high-tech solutions in emerging markets d. the ability to quickly take action and get organized under uncertain conditions What is another term for "thinking about thinking"? a. self-efficacy b. experimentation c. metacognition d. effectuation Which of the following is an example of metacognition? a. skimming over difficult sections when reading a document b. rereading text you don't understand the first time c. reading text as quickly as possible d. skimming a document to get the gist The entrepreneurial mindset is about ______. a. who you know b. who knows you c. who you are d. what you know In the context of entrepreneurship, passion is ______. a. an intense positive emotion that keeps entrepreneurs focused and motivated b. an intense negative emotion that keeps entrepreneurs focused and motivated c. always motivated by an entrepreneur's financial interests d. an often weak and sporadic emotion occasionally experienced by the entrepreneur Some of the positive effects of passion can be ______. a. energy b. resilience c. joy d. all of these Some of the negative effects of passion can be ______. a. failure to heed warning signs b. failure to hear negative feedback c. failure to see other opportunities d. all of these Habit can be best understood as ______. a. a predisposed coterm-36ndition b. a pattern of negative behaviors c. a pattern of behavior carried out infrequently d. a pattern of behavior carried out often and regularly Barb is trying to take control of her time by using an online time tracking system that tracks her time spent on tasks and projects. She heard that if you do something for seven weeks it becomes a habit. The activity in our brain that decides whether a behavior should be repeated and stored is ______. a. a habit b. a habit loop c. self-leadership habit d. a compulsion in development In the context of entrepreneurship, ______ is a process whereby people can influence and control their own behavior, actions, and thinking to achieve self-direction and self-motivation. a. effectuation b. self-leadership c. vesting d. offering Self-leadership involves ______. a. self-reward b. self-preservation c. self-sabotage d. all of these Which of the following is a behavior-focused strategy? a. self-observation b. self-goal setting c. self-punishment d. all of these Self-observation is the process of ______. a. compensating ourselves when we achieve our goals with tangible or intangible rewards b. examining our own behaviors in a constructive way in order to reshape these behaviors c. raising our awareness of how, when, and why we behave the way we do in certain circumstances d. setting individual goals for ourselves Self-correcting feedback is the process of ______. a. compensating ourselves when we achieve our goals with tangible or intangible rewards b. examining our own behaviors in a constructive way in order to reshape these behaviors c. raising our awareness of how, when, and why we behave the way we do in certain circumstances d. setting individual goals for ourselves Self-reward is the process of ______. a. compensating ourselves when we achieve our goals with tangible or intangible rewards b. examining our own behaviors in a constructive way in order to reshape these behaviors c. raising our awareness of how, when, and why we behave the way we do in certain circumstances d. setting individual goals for ourselves Self-goal setting is the process of ______. a. compensating ourselves when we achieve our goals with tangible or intangible rewards b. examining our own behaviors in a constructive way in order to reshape these behaviors