Entrepreneurship MGT 602 mid term Quiz Spring 2011

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Question # 1 of 15 ( Start time: 11:15:51 AM ) Total Marks: 1
Government can help in forming new venture by providing:
Select correct option:

Finance
Technology
Infrastructure
Subsidiaries


Question # 2 of 15 ( Start time: 11:16:50 AM ) Total Marks: 1
The entrepreneur was distinguished from capital provider in:
Select correct option:

18th century
17th century

19th and 20th century

Middle ages


Question # 3 of 15 ( Start time: 11:17:09 AM ) Total Marks: 1
Gazelles are the firms with:
Select correct option:

High growth rate

Moderate growth rate

Zero% growth rate

Low growth rate


Question # 4 of 15 ( Start time: 11:17:26 AM ) Total Marks: 1
Which of the following is the mechanism for commercialization of an innovation and product development?
Select correct option:

Intrapreneurship

Marketing

Stakeholders

Finance

Question # 5 of 15 ( Start time: 11:17:43 AM ) Total Marks: 1
Which one of the following is the fourth step in the entrepreneurial process?
Select correct option:

Developing successful business ideas
Deciding to become an entrepreneur
Growing the entrepreneurial firm
Moving from an idea to an entrepreneurial firm


Question # 6 of 15 ( Start time: 11:18:02 AM ) Total Marks: 1
Factors contribute to the creation of new venture EXCEPT:
Select correct option:

Government
Finance
High interest rates
Role models

Question # 7 of 15 ( Start time: 11:18:18 AM ) Total Marks: 1
Which one of the following term best describe a professional money manager who makes risk investments to obtain a high rate of return on the investment?
Select correct option:

Entrepreneur

Venture capitalist

Corporate entrepreneur

Eli Whitney


Question # 8 of 15 ( Start time: 11:18:40 AM ) Total Marks: 1
An actor or a person who managed large production projects was termed as the entrepreneur in the _________.
Select correct option:

Earliest period
Middle ages

17th century

19th and 20th century

Question # 9 of 15 ( Start time: 11:18:56 AM ) Total Marks: 1
Andrew Carnegie is an example of entrepreneur of which century:
Select correct option:

Earliest period

19th and 20th century

Middle ages

17th century


Question # 10 of 15 ( Start time: 11:20:15 AM ) Total Marks: 1
Which of the following describes the statement "entrepreneurship within an existing organization"?
Select correct option:

Intrapreneurship

Entrepreneurship

High potential venture

Gazelles


Question # 11 of 15 ( Start time: 11:20:46 AM ) Total Marks: 1
Which one of the following is the first step in the entrepreneurial process?
Select correct option:

Developing successful business ideas
Deciding to become an entrepreneur
Growing the entrepreneurial firm
Moving from an idea to an entrepreneurial firm

Question # 12 of 15 ( Start time: 11:21:07 AM ) Total Marks: 1
___________ process of creating incremental wealth is called Entrepreneurship.
Select correct option:

Dynamic

Static

Continuous

Systematic

Question # 13 of 15 ( Start time: 11:21:23 AM ) Total Marks: 1
Which two work environments should be good for spawning the new enterprises?
Select correct option:

Finance and marketing
Finance and R&D
Marketing and R&D
Marketing and IT


Question # 14 of 15 ( Start time: 11:21:40 AM ) Total Marks: 1
The entrepreneur must possess the abilities:
Select correct option:

Creative

Conceptualization

Understanding environment

All of the given options


Question # 15 of 15 ( Start time: 11:21:55 AM ) Total Marks: 1
Which of the following is the fruitful source for identifying business opportunities?
Select correct option:

Business associates

Technical people

Consumers

All of the given options