Podcast
Questions and Answers
What is entrepreneurship according to Stevenson and Jarillo?
What is entrepreneurship according to Stevenson and Jarillo?
- Assembling all resources needed for a business
- Turning an idea into a business
- Pursuing opportunities without regard to currently controlled resources (correct)
- Transforming an invention into a viable business
Which characteristic is shared by successful entrepreneurs according to the text?
Which characteristic is shared by successful entrepreneurs according to the text?
- Innovation and risk-taking
- Desire for financial rewards
- Keen focus on products and customers (correct)
- Tenacity despite failure
What is the primary reason that people become entrepreneurs according to the text?
What is the primary reason that people become entrepreneurs according to the text?
- Pursuing others' ideas
- Desire to work fewer hours
- Financial stability
- Desire to be their own boss (correct)
What is the concept of corporate entrepreneurship at the firm level?
What is the concept of corporate entrepreneurship at the firm level?
Which term describes the position of a firm on the conceptual continuum related to entrepreneurial intensity?
Which term describes the position of a firm on the conceptual continuum related to entrepreneurial intensity?
What is the most prominent characteristic shared by successful entrepreneurs as per the text?
What is the most prominent characteristic shared by successful entrepreneurs as per the text?
What percentage of Americans are actively engaged in starting a business or are the owner/manager of a business less than three years old?
What percentage of Americans are actively engaged in starting a business or are the owner/manager of a business less than three years old?
Which of the following is NOT one of the learning objectives covered in the text?
Which of the following is NOT one of the learning objectives covered in the text?
What type of entrepreneurship involves starting a new business within an existing organization?
What type of entrepreneurship involves starting a new business within an existing organization?
Which of the following is NOT listed as a reason why people decide to become entrepreneurs?
Which of the following is NOT listed as a reason why people decide to become entrepreneurs?
How many types of start-up firms are discussed in the text?
How many types of start-up firms are discussed in the text?
What is the main focus of the text?
What is the main focus of the text?
