Mondejar, Chinee 5.5 to 5.5.6 5.5 Quiz
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Questions and Answers

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?

  • 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?

  • 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?

    <p>In high-technology industries where disruptive innovations are more common</p> Signup and view all the answers

    What does the text suggest about the effectuation theory?

    <p>It is a relatively young theory that is still being scrutinized by the scholarly community</p> Signup and view all the answers

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