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Questions and Answers
What is entrepreneurial behavior often seen as?
What is entrepreneurial behavior often seen as?
- Developing new products for established companies
- Activities directed at creating and guaranteeing the viability of new ventures (correct)
- Maintaining the status quo of existing businesses
- Investing in stock markets and managing portfolios
What is the focus of the effectuation theory's tenets discussed in the text?
What is the focus of the effectuation theory's tenets discussed in the text?
- Analyzing the impact of government policies on small businesses
- Studying the effects of globalization on entrepreneurial ventures
- Developing new marketing strategies for existing businesses
- Conceptualizing the implications for entrepreneurial behavior and team formation processes (correct)
What is one of the limitations mentioned in the text?
What is one of the limitations mentioned in the text?
- The study does not account for the influence of technological advancements on entrepreneurial ventures
- The study does not consider the impact of cultural factors on entrepreneurial behavior
- The study does not conceptualize any direct theoretical impact on new venture performance (correct)
- The study does not address the challenges faced by entrepreneurs in securing funding
In what contexts should teams be formed through action-interaction?
In what contexts should teams be formed through action-interaction?
What does the text suggest about the effectuation theory?
What does the text suggest about the effectuation theory?
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