Podcast
Questions and Answers
Globalization creates new opportunities and challenges.
Globalization creates new opportunities and challenges.
True
The born-global approach involves first operating in the home market and then entering foreign markets.
The born-global approach involves first operating in the home market and then entering foreign markets.
False
Global business requires a local network of relationships to find customers, champions, and partners.
Global business requires a local network of relationships to find customers, champions, and partners.
False
An entrepreneur does not need to assess their current global networks before pursuing global opportunities.
An entrepreneur does not need to assess their current global networks before pursuing global opportunities.
Signup and view all the answers
A minimum viable product/service is an offer that generates revenue but does not motivate customers to provide feedback.
A minimum viable product/service is an offer that generates revenue but does not motivate customers to provide feedback.
Signup and view all the answers
It is not necessary to leverage the assets of established firms with global operations to gain access to foreign customers and networks.
It is not necessary to leverage the assets of established firms with global operations to gain access to foreign customers and networks.
Signup and view all the answers
A born-global approach is primarily focused on exporting products and services.
A born-global approach is primarily focused on exporting products and services.
Signup and view all the answers
According to Business Dictionary, entrepreneurial mindset refers to a state of mind that adjusts human conduct towards entrepreneurial activities and outcomes.
According to Business Dictionary, entrepreneurial mindset refers to a state of mind that adjusts human conduct towards entrepreneurial activities and outcomes.
Signup and view all the answers
According to McGrath & MacMillan, habitual entrepreneurs are different from ordinary business managers because they are passionate in seeking new opportunities.
According to McGrath & MacMillan, habitual entrepreneurs are different from ordinary business managers because they are passionate in seeking new opportunities.
Signup and view all the answers
Gartner (1989) emphasized that entrepreneurs are always born, not made.
Gartner (1989) emphasized that entrepreneurs are always born, not made.
Signup and view all the answers
Fayolle (2003) highlighted that the characteristics of entrepreneurship can be attained through knowledge, skills, and aptitude, indicating that entrepreneurs are made.
Fayolle (2003) highlighted that the characteristics of entrepreneurship can be attained through knowledge, skills, and aptitude, indicating that entrepreneurs are made.
Signup and view all the answers
According to entrepreneur.com, one of the signs of having an entrepreneurial mindset is obsessing over cash flow.
According to entrepreneur.com, one of the signs of having an entrepreneurial mindset is obsessing over cash flow.
Signup and view all the answers
According to entrepreneur.com, empowering yourself involves competing rather than collaborating.
According to entrepreneur.com, empowering yourself involves competing rather than collaborating.
Signup and view all the answers
Embracing imperfect moments is considered a necessary structure for empowerment according to the 8 steps to personal empowerment on entrepreneur.com.
Embracing imperfect moments is considered a necessary structure for empowerment according to the 8 steps to personal empowerment on entrepreneur.com.
Signup and view all the answers
Henry Sy is mentioned as an empowered personality in the Philippines.
Henry Sy is mentioned as an empowered personality in the Philippines.
Signup and view all the answers
John Gokongwei Jr. is not listed as an empowered personality in the Philippines.
John Gokongwei Jr. is not listed as an empowered personality in the Philippines.
Signup and view all the answers
