Exam 2: Recognizing Opportunities and Generating Ideas

Brad Johnson is starting an upscale men's clothing store in a mall near Seattle. He wants to open his store during the time period in which a business like his can realistically enter the new market. Brad is trying to open his business while the ________ is open.

(Multiple Choice)

4.9/5

(30)

Question 61

A(n) is a favorable set of circumstances that creates the need for a new product, service, or business. A(n) is a thought, an impression or a notion.

(Multiple Choice)

4.8/5

(35)

Question 62

The term "window of opportunity" is a metaphor describing the time period in which a firm can realistically raise money.

(True/False)

4.9/5

(25)

Question 63

The increasing number of social networks on the Internet is attributed to a jump in the number of people who are wanting to connect with one another online. The increasing number of social networks is an important ________ trend.

(Multiple Choice)

4.8/5

(36)

Question 64

The ability to notice things without engaging in deliberate search is referred to as ________.

(Multiple Choice)

4.8/5

(32)

Question 65

An idea is a thought, impression, or notion. It may or may not meet the criteria of an opportunity.

(True/False)

4.7/5

(35)

Question 66

Describe the three separate ways that entrepreneurs identify new business, product, and service opportunities.

(Essay)

4.9/5

(36)

Question 67

Day-in-the-life research is a type of ________ research.

(Multiple Choice)

4.8/5

(31)

Question 68

According to the textbook, a focus group is a gathering of 5 to 10 people who are selected because ________.

(Multiple Choice)

4.9/5

(34)

Question 69

________ is (are) used to generate a number of ideas quickly.

(Multiple Choice)

4.9/5

(35)

Question 70

Economic factors, social factors, technological advances, and political action and regulatory changes are the most important trends to follow in trying to identify opportunities.

(True/False)

4.9/5

(37)

Question 71

Describe the difference between strong-tie and weak-tie relationships. Is it more likely that an entrepreneur will get new ideas through strong-tie or weak-tie relationships?

(Essay)

4.8/5

(30)

Question 72

A network entrepreneur is an individual who identifies his or her business idea ________.

(Multiple Choice)

4.7/5

(33)

Question 73

According to the textbook, the best approach to utilizing a library for entrepreneurship-related research is to ________.

(Multiple Choice)

4.8/5

(24)

Question 74

Wiivv, the company profiled in the opening feature of Chapter 2, is in the 3D printing business of footwear insoles. To manufacture the insoles, the company uses a process called ________ manufacturing.

(Multiple Choice)

4.8/5

(43)

Question 75

Showing 61 - 75 of 75

Brad Johnson is starting an upscale men's clothing store in a mall near Seattle. He wants to open his store during the time period in which a business like his can realistically enter the new market. Brad is trying to open his business while the ________ is open.

A(n) is a favorable set of circumstances that creates the need for a new product, service, or business. A(n) is a thought, an impression or a notion.

The term "window of opportunity" is a metaphor describing the time period in which a firm can realistically raise money.

The increasing number of social networks on the Internet is attributed to a jump in the number of people who are wanting to connect with one another online. The increasing number of social networks is an important ________ trend.

The ability to notice things without engaging in deliberate search is referred to as ________.

An idea is a thought, impression, or notion. It may or may not meet the criteria of an opportunity.

Describe the three separate ways that entrepreneurs identify new business, product, and service opportunities.

Day-in-the-life research is a type of ________ research.

According to the textbook, a focus group is a gathering of 5 to 10 people who are selected because ________.

________ is (are) used to generate a number of ideas quickly.

Economic factors, social factors, technological advances, and political action and regulatory changes are the most important trends to follow in trying to identify opportunities.

Describe the difference between strong-tie and weak-tie relationships. Is it more likely that an entrepreneur will get new ideas through strong-tie or weak-tie relationships?

A network entrepreneur is an individual who identifies his or her business idea ________.

According to the textbook, the best approach to utilizing a library for entrepreneurship-related research is to ________.

Wiivv, the company profiled in the opening feature of Chapter 2, is in the 3D printing business of footwear insoles. To manufacture the insoles, the company uses a process called ________ manufacturing.

Introduction to Entrepreneurship

Feasibility Analysis

Developing an Effective Business Model

Industry and Competitor Analysis

Writing a Business Plan

Preparing the Proper Ethical and Legal Foundation

Assessing a New Ventures Financial Strength and Viability

Building a New-Venture Team

Getting Financing or Funding

Unique Marketing Issues

The Importance of Intellectual Property

Preparing for and Evaluating the Challenges of Growth

Strategies for Firm Growth

Franchising

Filters

Exam 2: Recognizing Opportunities and Generating Ideas

Brad Johnson is starting an upscale men's clothing store in a mall near Seattle. He wants to open his store during the time period in which a business like his can realistically enter the new market. Brad is trying to open his business while the ________ is open.

A(n) ________ is a favorable set of circumstances that creates the need for a new product, service, or business. A(n) ________ is a thought, an impression or a notion.

The term "window of opportunity" is a metaphor describing the time period in which a firm can realistically raise money.

The increasing number of social networks on the Internet is attributed to a jump in the number of people who are wanting to connect with one another online. The increasing number of social networks is an important ________ trend.

The ability to notice things without engaging in deliberate search is referred to as ________.

An idea is a thought, impression, or notion. It may or may not meet the criteria of an opportunity.

Describe the three separate ways that entrepreneurs identify new business, product, and service opportunities.

Day-in-the-life research is a type of ________ research.

According to the textbook, a focus group is a gathering of 5 to 10 people who are selected because ________.

________ is (are) used to generate a number of ideas quickly.

Economic factors, social factors, technological advances, and political action and regulatory changes are the most important trends to follow in trying to identify opportunities.

Describe the difference between strong-tie and weak-tie relationships. Is it more likely that an entrepreneur will get new ideas through strong-tie or weak-tie relationships?

A network entrepreneur is an individual who identifies his or her business idea ________.

According to the textbook, the best approach to utilizing a library for entrepreneurship-related research is to ________.

Wiivv, the company profiled in the opening feature of Chapter 2, is in the 3D printing business of footwear insoles. To manufacture the insoles, the company uses a process called ________ manufacturing.

Introduction to Entrepreneurship

Feasibility Analysis

Developing an Effective Business Model

Industry and Competitor Analysis

Writing a Business Plan

Preparing the Proper Ethical and Legal Foundation

Assessing a New Ventures Financial Strength and Viability

Building a New-Venture Team

Getting Financing or Funding

Unique Marketing Issues

The Importance of Intellectual Property

Preparing for and Evaluating the Challenges of Growth

Strategies for Firm Growth

Franchising

Filters

A(n) is a favorable set of circumstances that creates the need for a new product, service, or business. A(n) is a thought, an impression or a notion.