Organizing strategy and entrepreneurship Samenvattingen, Aantekeningen en Examens
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EEE- 2023/2024 -Exam 1 Graded A+
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A(n) _____ creates something new - ANSWER-an inventor 
 
Established firms with an orientation toward acting entrepreneurially practice _____ - ANSWER-corporate entrepreneurship 
 
The word "entrepreneur" was originally used to describe people who "_______" between buyers and sellers. - ANSWER-take on the risk (key element of what entrepreneurs do) 
 
An entrepreneur assembles and then integrates all the resources needed to transform an invention into a viable business. Which of the followin...
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Patterns of Entrepreneurship Management 4th Edition by Kaplan - Test Bank
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Chapter 1: The Entrepreneurial Process 
 
True/False 
 
1.	Entrepreneurship is the process of planning, organizing, operating, and assuming the risk of a business venture. 
Ans: True					Page: 4 
 
2.	The word entreprendre refers to the individuals who “undertook” the risk of new enterprise. 
Ans: True					Page: 5 
 
3.	Fortunately, entrepreneurs do not communicate with external “stakeholders” such as investors and bankers. 
Ans: False					Page: 5 
 
4.	Aspiring entrepreneurs hope for th...
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Test Bank For Principles of Management by OpenStax. Isbn. 9781593998769.
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Test Bank Principles of Management by OpenStax. Isbn. 9781593998769. Principles of Management by Anastasia Cortes, Jason Lambert, David Bright. Contents:=Chapter 1 Managing and Performing 
Introduction 
1.1 What Do Managers Do? 
1.2 The Roles Managers Play 
1.3 Major Characteristics of the Manager's Job 
Key Terms 
Summary of Learning Outcomes 
Chapter Review Questions 
Management Skills Application Exercises 
Managerial Decision Exercises 
Critical Thinking Case 
Chapter 2 Manageria...
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WGU C483 Practice Test 2 questions and answers all correct
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WGU C483 Practice Test 2 
1.)The planning level with the shortest time horizon is known as _____ planning. 
A)operational 
B)tactical 
C)managerial 
D)developmental 
E)vertical Ans: A.) Operational 
 
2.)The planning process is similar to the _____ process in that both have a series of steps that are typically repeated in a cycle. 
A)strategy-mapping 
B)tactical alignment 
C)goal-setting 
D)decision-making 
E)environmental analysis Ans: D.) Decision-making 
 
3.)In a SWOT analysis, the absence...
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MNG3701_Study Notes.
- Samenvatting • 53 pagina's • 2021
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MNG3701_Study Notes. Strategic Management. Managers should realize they have an influence they can influence the competitive landscape. They need to start with a point of 
view of how the world can be, not how to improve what is available but rather how to alter it drastically. There are 4 
transformations that influenced and continue to influence the business models and work of strategists: 
1. Expansion of available strategic space – Companies can decide and change their business portfolios....
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WGU C483 Assessment Questions With Answers Latest Update 2023/2024 Graded A+
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Delivery of products or services A value chain is the sequence of activities that begins with 
raw materials. 
What result does a value chain end with? 
Choose 1 answer 
Supply and demand 
Operations and logistics 
Outsourcing or insourcing 
Delivery of products or services 
Profit margins are increased. What happens when an effective value chain is created? 
Choose 1 answer 
Profit margins are increased. 
A mission statement is developed. 
Customized products are standardized. 
Total quality ma...
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ISSP - SA Chapter 3 Questions with correct Answers 2024
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ISSP - SA Chapter 3 Questions with correct Answers 2024 
Frameworks 
A mental model comprised of several interconnected​ core​ concepts that help us to understand a system. These concepts stand alone, while supporting each other, together forming a philosophical foundation for planning. 
 
 
 
Mental models 
This is an abstract representation of a system—of something in the real world that we want to better understand—constructed in our imaginations. Cultivating the ability to think abou...
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MNGT 3810 Auburn Exam 1-Fetsch with 100% correct answers 2023
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Regarding the academic fields of psychology, leadership, entrepreneurship, and strategy, which of the following statements about leadership is true? 
Leadership involves using formal power as well as informal/social sources of influence to inspire action in others. 
 
 
 
__________ is sometimes defined as "the art of getting things done through the efforts of other people." 
Management 
 
 
 
Principles of management are often discussed or learned using the POLC framework. POLC stands for ___...
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J401 Quiz 2 T/F || A+ Guaranteed.
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Marketing Strategy deals with pricing, selling, and producing a product. correct answers False 
 
Some strategies to avoid include the follow the leader strategy, the arms race, and do everything strategy. correct answers True 
 
Stage I of corporate development is completely centralized in the entrepreneur, who founds the company to promote an idea. correct answers True 
 
Six Sigma is an analytical method for achieving near-perfect results on a production line. correct answers True 
 
The proc...
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MGMT 3000 Guhde Test 2 Comprehensive Exam And Solved Questions.
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Idealist Motivation - correct answer (INNOVATION) Small-business owners who are rewarded by the chance to work on something new and creative. 
 
Optimizer Motivation - correct answer (FULFILLMENT) Owners who get personal satisfaction from being business owners. 
 
Hard Worker Motivation - correct answer (CHALLENGE) Owners who thrive on the challenge of building a larger, more profitable business 
 
Ju...
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