Entrepreneurship 9th Edition By Hisrich Test Bank

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Edition:  94th Edition

Format: Downloadable ZIP Fille

Resource Type: Test bank

Duration: Unlimited downloads

Delivery: Instant Download

Entrepreneurship 9th Edition By Hisrich Test Bank

Chapter 01 Entrepreneurship and the Entrepreneurial Mind-Set
True / False Questions

  1. Ewing Kauffman took a risk when he started his company Marion Labs in 1950.
    TRUE

Difficulty: Medium

  1. 4
  2. How Ewing Kauffman ran his business illustrates corporate entrepreneurship.
    TRUE

Difficulty: Medium

p.5

 

  1. Entrepreneurial opportunities are those situations in which new goods, services, raw materials and organizing methods can be sold at greater than their production cost.

TRUE

 Difficulty: Medium

p.6

 

  1. Entrepreneurial action can be defined as those situations in which new goods, services, raw materials and organizing methods can be sold at greater than their production cost.

FALSE

Difficulty: Medium

p.6

  1. The McMullen-Shepherd Model helps identify the common traits of successful entreprenuers.

FALSE

Difficulty: Easy

p.6

 

  1. The McMullen-Shepherd Model explains how knowledge and motivation influence two stages of entrepreneurial action.

TRUE

Difficulty: Medium

p.6

 

  1. Superficial similarities exist when the underlying mechanisms of the technology resemble, or match, the underlying mechanisms of the market.

FALSE

Difficulty: Medium

p.7

 

  1. Structural similaritiesexist when the underlying mechanisms of the technology resemble, or match, the underlying mechanisms of the market.

TRUE

Difficulty: Medium

p.7

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