Exam 1: Assessing Your Potential for an Entrepreneurial Career

Your personal balance sheet includes a summary of all your assets-what you own that has some cash value-and your liabilities or debts.

The Managerial Sills Inventory questionnaire can be used to develop an inventory of your skills and capabilities in the areas of financial accounting, human resources, and ethics.

You can usually identify __________ by the fact that their companies grow by more than 30 percent annually.

Which of the following is not among the three questions to address when confronted with an ethical problem?

There is considerable evidence which suggests that the "right stuff" needed to become a successful entrepreneur can be learned.

Summarize the basis for the argument that companies should give back to the communities in which they live.

The best entrepreneurs have a keen sense of their own strengths and weaknesses and of the competitive environment in which they operate. This makes them _______ -oriented.

Agencies such as Equifax Canada Inc. assemble information about how you pay your bills and then enter this information into your credit file. An individual who is always late in paying their bills is given a rating of:

List and describe the "not-so-learnable" traits of an entrepreneur.

All of the following are subscales in Robinson's EAO Model, except:

Craftspeople are a type of entrepreneur that seek financial independence above anything else and the freedom to spend their time as they wish.

In a study of inductees into the Babson University Academy of Distinguished Entrepreneurs, the three attributes and behaviours cited as the principal reasons for entrepreneurial success are:

Despite scoring high on the Entrepreneurial Quiz, your venture is unlikely to succeed if you fail to demonstrate:

Social entrepreneurship seeks:

A ________ should be a formal statement of a business's values concerning ethics and social issues.

A socially responsible organization behaves in such a way as to achieve a high level of financial performance, coupled with obvious efforts to act as good citizens and give something back to the societies in which they exist.

Of the many attributes shared by successful entrepreneurs, which of those is believed to be the most critical to their success? Explain.

Social entrepreneurship refers to the discovery, evaluation, and exploitation of opportunities for financial profit.

Most entrepreneurs are self-confident, and with this confidence comes a strong ego.

Deal-to-dealers are small business owners which have had more than one venture, often in quite different lines of business.