Question 1

Intrapreneurship refers to a form of entrepreneurship that:

Accepted Answer

A) allows the hostile takeover of one organization by another. 
B) leads to the establishment of a new business. 
C) helps in the merger of two existing businesses. 
D) takes place in a business that is already in existence. 
E) helps in the demerger of an existing business. 
A) allows the hostile takeover of one organization by another. 
B) leads to the establishment of a new business. 
C) helps in the merger of two existing businesses. 
D) takes place in a business that is already in existence. 
E) helps in the demerger of an existing business. D

Question 2

Opportunity analysis, planning and preparing the enterprise, and resourcing the enterprise are the three essential parts of the:

Accepted Answer

A) management process. 
B) organizational process. 
C) institutional plan. 
D) entrepreneurial process. 
E) hybrid strategy. 
A) management process. 
B) organizational process. 
C) institutional plan. 
D) entrepreneurial process. 
E) hybrid strategy. D

Question 3

The biggest difference in moving from corporate life to entrepreneurship is that entrepreneurs do not have a buffer between a mistake and total failure.

Accepted Answer

A) True 
 B)False  True

Question 4

Venture funding can create unreasonable demands on the entrepreneur to produce results without the proper procedures and research required for long-term success.

Accepted Answer

A) True 
 B)False

Question 5

In their book "Re-Inventing the Corporation," John Naisbitt and Patricia Aburdene cited _____ as a way for established businesses to find new markets and new products.

Accepted Answer

A) venture capitalism 
B) angel investment 
C) intrapreneurship 
D) small-business ownership 
E) bias for action 
A) venture capitalism 
B) angel investment 
C) intrapreneurship 
D) small-business ownership 
E) bias for action

Question 6

_____ is defined as "the recognition of opportunities and the use or creation of resources to implement innovative ideas for new, thoughtfully planned ventures."

Accepted Answer

A) Entrepreneurship 
B) SWOT 
C) Globalization 
D) International business 
E) Intrapreneurship 
A) Entrepreneurship 
B) SWOT 
C) Globalization 
D) International business 
E) Intrapreneurship

Question 7

New-market disruption refers to:

Accepted Answer

A) targeting noncustomers to create a new market that was previously ignored by the dominant players of the existing market. 
B) disruptive technology that appears at the low end of an industry offering. 
C) the propensity to act or decide without customary analysis or sufficient information. 
D) a formal statement of a set of business goals. 
E) establishing organizations, either for-profit or nonprofit, whose focus is to implement innovative solutions to societal problems. 
A) targeting noncustomers to create a new market that was previously ignored by the dominant players of the existing market. 
B) disruptive technology that appears at the low end of an industry offering. 
C) the propensity to act or decide without customary analysis or sufficient information. 
D) a formal statement of a set of business goals. 
E) establishing organizations, either for-profit or nonprofit, whose focus is to implement innovative solutions to societal problems.

Question 8

The development of the Macintosh computer within Apple is an example of:

Accepted Answer

A) intrapreneurship. 
B) angel investment. 
C) venture capitalism. 
D) bootstrapping. 
E) a new-market disruption strategy. 
A) intrapreneurship. 
B) angel investment. 
C) venture capitalism. 
D) bootstrapping. 
E) a new-market disruption strategy.

Question 9

A(n)_____ is a person or investment firm that makes venture investments and brings managerial and technical expertise as well as capital to their investments.
a.born-global
b.social entrepreneurship
c.global start-up
d.intrapreneurship
e.venture capitalist
e Easy

Accepted Answer

a.born-global
b.social entrepr

Question 10

In order to secure start-up financing and launch the new product, many entrepreneurs draw up a formal _____ that brings all the elements of the new venture together for a specific purpose.

Accepted Answer

The answer of In order to secure start-up financing and...

Question 11

Define a "born-global" firm.

Accepted Answer

A new breed of firms began emerging in t

Question 12

Organizations allow intrapreneurial employees to participate in the rewards of what they create in order to promote intrapreneurship.

Accepted Answer

A) True 
 B)False

Question 13

_____ refer(s)to a system that ranks nations quantitatively according to a weighted index of 12 assessed pillars.

Accepted Answer

A) Index of Economic Freedom 
B) Global Entrepreneurship Monitor 
C) Doing Business Index 
D) The World Bank Doing Business Reports 
E) Global Competitiveness Index 
A) Index of Economic Freedom 
B) Global Entrepreneurship Monitor 
C) Doing Business Index 
D) The World Bank Doing Business Reports 
E) Global Competitiveness Index

Question 14

A newly founded company that develops a revolutionary new way to do a particular activity and seeks to expand that new method nationally and internationally would be considered entrepreneurial.

Accepted Answer

A) True 
 B)False

Question 15

Logitech, the computer peripherals company, is one of the best early examples of a successful _____ firm.

Accepted Answer

The answer of Logitech, the computer peripherals company, is one...

Question 16

An intrapreneur acts within the confines of an existing organization.

Accepted Answer

A) True 
 B)False

Question 17

Bias for action refers to:

Accepted Answer

A) targeting noncustomers to create a new market that was previously ignored by the dominant players of the existing market. 
B) a formal statement of a set of business goals. 
C) establishing organizations, either for-profit or nonprofit, whose focus is to implement innovative solutions to societal problems. 
D) the propensity to act or decide without customary analysis or sufficient information. 
E) exploiting a new business opportunity with limited funds. 
A) targeting noncustomers to create a new market that was previously ignored by the dominant players of the existing market. 
B) a formal statement of a set of business goals. 
C) establishing organizations, either for-profit or nonprofit, whose focus is to implement innovative solutions to societal problems. 
D) the propensity to act or decide without customary analysis or sufficient information. 
E) exploiting a new business opportunity with limited funds.

Question 18

The World Bank suggests that it's easier to start a business in Venezuela or Guinea-Bissau than in Australia or New Zealand.

Accepted Answer

A) True 
 B)False

Question 19

How do entrepreneurs identify opportunities for new business ventures?

Accepted Answer

First, entrepreneurs identify opportunit

Question 20

Efficiency-driven economies are economies that are typical in countries that compete on the basis of:

Accepted Answer

A) production processes and increased product quality. 
B) advanced corporate infrastructure and business practices. 
C) cutting-edge technological know-how. 
D) unskilled labor and natural resources. 
E) business sophistication and innovation. 
A) production processes and increased product quality. 
B) advanced corporate infrastructure and business practices. 
C) cutting-edge technological know-how. 
D) unskilled labor and natural resources. 
E) business sophistication and innovation.

Intrapreneurship refers to a form of entrepreneurship that:

Opportunity analysis, planning and preparing the enterprise, and resourcing the enterprise are the three essential parts of the:

The biggest difference in moving from corporate life to entrepreneurship is that entrepreneurs do not have a buffer between a mistake and total failure.

Venture funding can create unreasonable demands on the entrepreneur to produce results without the proper procedures and research required for long-term success.

In their book "Re-Inventing the Corporation," John Naisbitt and Patricia Aburdene cited _____ as a way for established businesses to find new markets and new products.

_____ is defined as "the recognition of opportunities and the use or creation of resources to implement innovative ideas for new, thoughtfully planned ventures."

New-market disruption refers to:

The development of the Macintosh computer within Apple is an example of:

A(n)_____ is a person or investment firm that makes venture investments and brings managerial and technical expertise as well as capital to their investments. a.born-global b.social entrepreneurship c.global start-up d.intrapreneurship e.venture capitalist e Easy

In order to secure start-up financing and launch the new product, many entrepreneurs draw up a formal _____ that brings all the elements of the new venture together for a specific purpose.

Define a "born-global" firm.

Organizations allow intrapreneurial employees to participate in the rewards of what they create in order to promote intrapreneurship.

_____ refer(s)to a system that ranks nations quantitatively according to a weighted index of 12 assessed pillars.

A newly founded company that develops a revolutionary new way to do a particular activity and seeks to expand that new method nationally and internationally would be considered entrepreneurial.

Logitech, the computer peripherals company, is one of the best early examples of a successful _____ firm.

An intrapreneur acts within the confines of an existing organization.

Bias for action refers to:

The World Bank suggests that it's easier to start a business in Venezuela or Guinea-Bissau than in Australia or New Zealand.

How do entrepreneurs identify opportunities for new business ventures?

Efficiency-driven economies are economies that are typical in countries that compete on the basis of:

Introduction

International Trade and Foreign Direct Investment

Culture and Business

World Economies

Global and Regional Economic Cooperation and Integration

International Monetary System

Foreign Exchange and the Global Capital Markets

International Expansion and Global Market Opportunity Assessment

Exporting, Importing, and Global Sourcing

Strategy and International Business

Winning Through Effective, Global Talent Management

Harnessing the Engine of Global Innovation

Competing Effectively Through Global Marketing, Distribution, and Supply-Chain Management

Understanding the Roles of Finance and Accounting in Global Competitive Advantage

Filters

Exam 11: Global Entrepreneurship and Intrapreneurship

Intrapreneurship refers to a form of entrepreneurship that:

Opportunity analysis, planning and preparing the enterprise, and resourcing the enterprise are the three essential parts of the:

The biggest difference in moving from corporate life to entrepreneurship is that entrepreneurs do not have a buffer between a mistake and total failure.

Venture funding can create unreasonable demands on the entrepreneur to produce results without the proper procedures and research required for long-term success.

In their book "Re-Inventing the Corporation," John Naisbitt and Patricia Aburdene cited _____ as a way for established businesses to find new markets and new products.

_____ is defined as "the recognition of opportunities and the use or creation of resources to implement innovative ideas for new, thoughtfully planned ventures."

New-market disruption refers to:

The development of the Macintosh computer within Apple is an example of:

A(n)_____ is a person or investment firm that makes venture investments and brings managerial and technical expertise as well as capital to their investments. a.born-global b.social entrepreneurship c.global start-up d.intrapreneurship e.venture capitalist e Easy

In order to secure start-up financing and launch the new product, many entrepreneurs draw up a formal _____ that brings all the elements of the new venture together for a specific purpose.

Define a "born-global" firm.

Organizations allow intrapreneurial employees to participate in the rewards of what they create in order to promote intrapreneurship.

_____ refer(s)to a system that ranks nations quantitatively according to a weighted index of 12 assessed pillars.

A newly founded company that develops a revolutionary new way to do a particular activity and seeks to expand that new method nationally and internationally would be considered entrepreneurial.

Logitech, the computer peripherals company, is one of the best early examples of a successful _____ firm.

An intrapreneur acts within the confines of an existing organization.

Bias for action refers to:

The World Bank suggests that it's easier to start a business in Venezuela or Guinea-Bissau than in Australia or New Zealand.

How do entrepreneurs identify opportunities for new business ventures?

Efficiency-driven economies are economies that are typical in countries that compete on the basis of:

Introduction

International Trade and Foreign Direct Investment

Culture and Business

World Economies

Global and Regional Economic Cooperation and Integration

International Monetary System

Foreign Exchange and the Global Capital Markets

International Expansion and Global Market Opportunity Assessment

Exporting, Importing, and Global Sourcing

Strategy and International Business

Winning Through Effective, Global Talent Management

Harnessing the Engine of Global Innovation

Competing Effectively Through Global Marketing, Distribution, and Supply-Chain Management

Understanding the Roles of Finance and Accounting in Global Competitive Advantage

Filters