Mana 4322 Actual Exam Questions With Reviewed 100% Correct Detailed Answers
Guaranteed Pass!!Current Update
What is the definition of entrepreneur- Creation, adoption, diffusion of measur-
ship according to Baumol (1990)? able innovation.
What are the three types of entre-
Productive (value-creating), unproduc-
preneurship identified by Schumpeter
tive, destructive.
(1942)?
Market share, inelastic pricing, best
What are the success drivers of entre-
stakeholders (owners, vendors, cus-
preneurship?
tomers).
What are the sources of innovation in Physical, locational, informational, psy-
entrepreneurship? chological, exchange, storage.
What factors influence entrepreneur- Leadership, financial capital, natural re-
ship? sources, human resources, technology.
What is the first stage of innovation? Ideation: Generating ideas.
Collaboration: Teamwork (ideal 5-7 peo-
What is the second stage of innovation?
ple).
What is the third stage of innovation? Creation: Developing product/process.
What is the fourth stage of innovation? Adoption: Stakeholder implementation.
What is the fifth stage of innovation? Diffusion: Spread for sustainability.
What are some traits of entrepreneurial Idea generation, selling, management,
character development? coaching others.
What is the close rate for selling in entre-
60%
preneurial character development?
What does corporate entrepreneurship A safe, structured environment for collab-
provide for innovators? oration.
Raises motivation, morale, and per-
What is the definition of Transformational
formance through connection (Burns,
Leadership?
1978).
What are the traits of Transformational Dominant, self-confident, strong moral
Leadership? values.
What are the key behaviors of Transfor- Inspires, sets role models, articulates
mational Leadership? goals, communicates high expectations.
Acts on values (care, accountability),
Authentic Leadership
builds trust, passionate about purpose.
1/5
, Prioritizes followers, shares leadership,
Servant Leadership builds community, emphasizes develop-
ment.
Focuses on mission/vision, elevates
Transformational Leadership (repeated)
group performance.
What are the characteristics of Innate qualities (physical, emotional);
Trait-Based leadership? less sustainable for business.
What are the characteristics of Learned through interactions; favored for
Process-Based leadership? adaptability in business.
Leadership: Drives change and move-
ment (vision, inspiration, alignment).
Leadership vs. Management
Management: Ensures order and consis-
tency (planning, organizing, control).
Achieve mission/vision within ethical
What is one duty of leadership?
conduct.
What is the second duty of leadership? Balance all stakeholders' interests.
Consider short/long-term goals simulta-
What is a third duty of leadership?
neously.
What is a fourth duty of leadership? Balance effectiveness vs. efficiency.
What is Neuroticism in the Big 5 Person-
Emotional instability (anxiety, insecurity).
ality Factors?
What is Extraversion in the Big 5 Person-
Sociable, assertive, energetic.
ality Factors?
What is Openness in the Big 5 Personal-
Creative, insightful, informed.
ity Factors?
What is Agreeableness in the Big 5 Per-
Cooperative, trusting, accepting.
sonality Factors?
What is Conscientiousness in the Big 5
Organized, thorough, decisive.
Personality Factors?
who created the big 5 personality fac-
goldberg 1990
tors?
Elements of Team Leadership
2/5
Guaranteed Pass!!Current Update
What is the definition of entrepreneur- Creation, adoption, diffusion of measur-
ship according to Baumol (1990)? able innovation.
What are the three types of entre-
Productive (value-creating), unproduc-
preneurship identified by Schumpeter
tive, destructive.
(1942)?
Market share, inelastic pricing, best
What are the success drivers of entre-
stakeholders (owners, vendors, cus-
preneurship?
tomers).
What are the sources of innovation in Physical, locational, informational, psy-
entrepreneurship? chological, exchange, storage.
What factors influence entrepreneur- Leadership, financial capital, natural re-
ship? sources, human resources, technology.
What is the first stage of innovation? Ideation: Generating ideas.
Collaboration: Teamwork (ideal 5-7 peo-
What is the second stage of innovation?
ple).
What is the third stage of innovation? Creation: Developing product/process.
What is the fourth stage of innovation? Adoption: Stakeholder implementation.
What is the fifth stage of innovation? Diffusion: Spread for sustainability.
What are some traits of entrepreneurial Idea generation, selling, management,
character development? coaching others.
What is the close rate for selling in entre-
60%
preneurial character development?
What does corporate entrepreneurship A safe, structured environment for collab-
provide for innovators? oration.
Raises motivation, morale, and per-
What is the definition of Transformational
formance through connection (Burns,
Leadership?
1978).
What are the traits of Transformational Dominant, self-confident, strong moral
Leadership? values.
What are the key behaviors of Transfor- Inspires, sets role models, articulates
mational Leadership? goals, communicates high expectations.
Acts on values (care, accountability),
Authentic Leadership
builds trust, passionate about purpose.
1/5
, Prioritizes followers, shares leadership,
Servant Leadership builds community, emphasizes develop-
ment.
Focuses on mission/vision, elevates
Transformational Leadership (repeated)
group performance.
What are the characteristics of Innate qualities (physical, emotional);
Trait-Based leadership? less sustainable for business.
What are the characteristics of Learned through interactions; favored for
Process-Based leadership? adaptability in business.
Leadership: Drives change and move-
ment (vision, inspiration, alignment).
Leadership vs. Management
Management: Ensures order and consis-
tency (planning, organizing, control).
Achieve mission/vision within ethical
What is one duty of leadership?
conduct.
What is the second duty of leadership? Balance all stakeholders' interests.
Consider short/long-term goals simulta-
What is a third duty of leadership?
neously.
What is a fourth duty of leadership? Balance effectiveness vs. efficiency.
What is Neuroticism in the Big 5 Person-
Emotional instability (anxiety, insecurity).
ality Factors?
What is Extraversion in the Big 5 Person-
Sociable, assertive, energetic.
ality Factors?
What is Openness in the Big 5 Personal-
Creative, insightful, informed.
ity Factors?
What is Agreeableness in the Big 5 Per-
Cooperative, trusting, accepting.
sonality Factors?
What is Conscientiousness in the Big 5
Organized, thorough, decisive.
Personality Factors?
who created the big 5 personality fac-
goldberg 1990
tors?
Elements of Team Leadership
2/5
