Disciplined entrepreneurship Study guides, Class notes & Summaries

Entrepreneurship and small business test 3 Questions And Answers Which characteristic would be beneficial to an entrepreneur? - ANS Doesnt give up easily What are three characteristics of entrepreneurs? - ANS Disciplined, honest, responsible How would a prospective entrepreneur benefit from a personality self-assessment? - ANS It can identify strengths and weaknesses in the entrepreneurs leadership style Which variable should be used by the automotive mechanic to attract t...

Characteristics of Entrepreneurs - Desire for responsibility •Preference for moderate levels of risk - risk eliminators •Confidence in their ability to succeed •Desire for immediate feedback •High level of energy •Future orientation - serial entrepreneurs •Skilled at organizing •Value achievement over money Benefits of Entrepreneurship - The opportunity to: • Create your own destiny • Make a difference • Reach your full potential • Reap impressive profit...

_____________________ is starting and running a small business. - Answer Entrepreneurship Compared to small businesses, entrepreneurial ventures _____________________________________________. - Answer Generate more wealth quickly, have higher risks and must involve innovation A common theme for successful entrepreneurs is __________________________. - Answer A successful business springs from a good idea and borrowed money Many people turn to entrepreneurship because they have an idea t...

MGMT 3850 CHAPTER 16 HOMEWORK QUESTIONS AND ANSWERS Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 16 Building a Team and Management Succession 1) is the process of influencing and inspiring others to work to achieve a common goal and then giving them the power and the freedom to achieve it. A) Management B) Organizing C) Leadership D) Coordination Answer: C Diff: 1 Page Ref: 610 AACSB: Reflective Thinking Learning Obj.: 1 2) Leadership is: A) essen...

MGMT 3850 CHAPTER 16 HOMEWORK QUESTIONS AND ANSWERS Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 16 Building a Team and Management Succession 1) ________ is the process of influencing and inspiring others to work to achieve a common goal and then giving them the power and the freedom to achieve it. A) Management B) Organizing C) Leadership D) Coordination Answer: C Diff: 1 Page Ref: 610 AACSB: Reflective Thinking Learning Obj....

BUSI 409 Questions and Answers 2022-2023 Quiz 9 1. Another name for the motivation factor that Herzberg name "hygiene factors" is Dissatisfiers 2. The type of volunteer that will likely respond to call for volunteers at a school for a three-day book ffair is a Spot Volunteer 3. Skinner's principle of explains that we repeat behaviors that are rewarded and tend not repeat those that are not. Operant Conditioning 4. This rubric describes how individuals make decisions based on their ex...

MGMT 3850 CHAPTER 16 HOMEWORK QUESTIONS AND ANSWERS Essentials of Entrepreneurship & Small Business Mgmt., 7e (Scarborough) Chapter 16 Building a Team and Management Succession 1) ________ is the process of influencing and inspiring others to work to achieve a common goal and then giving them the power and the freedom to achieve it. A) Management B) Organizing C) Leadership D) Coordination Answer: C Diff: 1 Page Ref: 610 AACSB: Reflective Thinking Learning Obj.: 1 2) Leadership...

BA109 Chapter 2 Questions and Answers Rated A Small companies produce ___ times more patents per employee than their larger rivals 16.5 ____ is the ability to develop new ideas and to discover new ways of looking at problems and opportunities. Creativity ____ is the ability to apply creative solutions to those problems and opportunities to enhance or to enrich people's lives. Innovation Ten "mental locks" that limit individual creativity. 1. Searching for the one "right" answer. 2. Focus...

WGU C483 Principles of Management - (Pre-Assessment) Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? Strengths What denotes skills or expertise in an activity that constitutes the roots of competitiveness in an organization? Core competencies Ac...

CHAPTER 6 ENTREPRENEURSHIP AND STARTING A SMALL BUSINESS CHAPTER 6 ENTREPRENEURSHIP AND STARTING A SMALL BUSINESS TRUE/FALSE Learning Goal 1 Explain why people are willing to take the risks of entrepreneurship, list the attributes of successful entrepreneurs, describe the benefits of entrepreneurial teams and intrapreneurs, and explain the growth of home-based and Web-based businesses. Level of Learning 1 (Knows basic terms and facts) i. Entrepreneurship involves accepting the risk of s...