Hisrich Entrepreneurship Test Bank : Complete Solutions & Exam Prep | Latest Edition

Chapter gA01 gA- gAEntrepreneurship gAand gAthe gAEntrepreneurial
gAMind-Set




Chapter 01 gA




gAEntrepreneurship and the Entrepreneurial Mind-
gA gA gA gA




Set




True gA/ gAFalse gAQuestions


1. (p. gA4) g A Ewing gAKauffman gAtook gAa gArisk gAwhen gAhe gAstarted gAhis gAcompany gAMarion gALabs gAin gA1950.
TRUE




Accessibility: gAKeyboard
gANavigation g A Difficulty:

gAMedium




2. (p. gA5) g A How gAEwing gAKauffman gAran gAhis gAbusiness gAillustrates gAcorporate gAentrepreneurship.
TRUE




Accessibility: gAKeyboard
gANavigation g A Difficulty:

gAMedium




3. (p. gA6) g A Entrepreneurial gAopportunities gAare gAthose gAsituations gAin gAwhich gAnew gAgoods,
gAservices, gAraw gAmaterials gAand gAorganizing gAmethods gAcan gAbe gAsold gAat gAgreater gAthan gAtheir


gAproduction gAcost.


TRUE




Accessibility: gAKeyboard
gANavigation g A Difficulty:

gAMedium

,Chapter gA01 gA- gAEntrepreneurship gAand gAthe gAEntrepreneurial
gAMind-Set



4. (p. gA6) g A Entrepreneurial gAaction gAcan gAbe gAdefined gAas gAthose gAsituations gAin gAwhich gAnew gAgoods,
gAservices, gAraw gAmaterials gAand gAorganizing gAmethods gAcan gAbe gAsold gAat gAgreater gAthan gAtheir


gAproduction gAcost.


FALSE




Accessibility: gAKeyboard
gANavigation g A Difficulty:

gAMedium

,Chapter gA01 gA- gAEntrepreneurship gAand gAthe gAEntrepreneurial
gAMind-Set




5. (p. gA6) g A The gAMcMullen-Shepherd gAModel gAhelps gAidentify gAthe gAcommon gAtraits gAof
gAsuccessful gAentrepreneurs.


FALSE




Accessibility: gAKeyboard
gANavigation g A Difficulty: gAEasy




6. (p. gA6) g A The gAMcMullen-Shepherd gAModel gAexplains gAhow gAknowledge gAand gAmotivation
gAinfluence gAtwo gAstages gAof gAentrepreneurial gAaction.


TRUE




Accessibility: gAKeyboard
gANavigation g A Difficulty:

gAMedium




7. (p. gA6) g A In gAthe gAMcMullen-Shepherd gAModel gAfirst gAperson gAopportunity gAbeliefs gAcome
gAbefore gAthird gAperson gAopportunity gAbeliefs.


FALSE




Accessibility: gAKeyboard
gANavigation g A Difficulty: gAHard




8. (p. gA6) g A In gAthe gAMcMullen-Shepherd gAModel gAthe gAfirst gAstage gAis gAthe gAevaluation gAstage.
FALSE




Accessibility: gAKeyboard
gANavigation g A Difficulty:

gAMedium

, Chapter gA01 gA- gAEntrepreneurship gAand gAthe gAEntrepreneurial
gAMind-Set



9. (p. gA7) g A Superficial gAsimilarities gAexist gAwhen gAthe gAunderlying gAmechanisms gAof gAthe
gAtechnology gAresemble, gAor gAmatch, gAthe gAunderlying gAmechanisms gAof gAthe gAmarket.


FALSE




Accessibility: gAKeyboard
gANavigation g A Difficulty:

gAMedium