Exam 11: Global Entrepreneurship and Intrapreneurship

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_____ is a technology that appears at the low end of an industry offering and usually does not lure customers away until it improves and becomes better than the incumbent offering.

(Multiple Choice)
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In order to operate effectively, businesses need to know that contracts are binding, that their property and intellectual property rights are protected, and that there is a fair system for handling disputes.

(True/False)
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A disruptive technology is a technology that can make prior technologies obsolete.

(True/False)
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A _____ refers to a formal statement of a set of business goals.

(Multiple Choice)
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Many large companies attempt to create the spirit of entrepreneurship inside their organizations.These internal groups of individuals are known as _____.

(Short Answer)
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_____ indicators measure how long it takes to complete a regulatory goal.

(Short Answer)
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In the coexistence approach:

(Multiple Choice)
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What factors should you consider before deciding to be an entrepreneur?

(Essay)
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_____ typically enter established markets, providing a more traditional product or service to a local market.

(Multiple Choice)
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_____ consists of identifying opportunities, planning and preparing the venture, and resourcing the venture and taking action.

(Multiple Choice)
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A(n)_____ refers to a business organization that seeks to derive significant competitive advantage from the use of resources and the sale of outputs in multiple countries.

(Multiple Choice)
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Tom Peters and Robert Waterman, authors of "In Search of Excellence," identified _____ as a distinguishing feature of agile, entrepreneurial firms.

(Multiple Choice)
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What are the three categories into which new venture opportunities tend to fall?

(Essay)
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A new source of capital for start-ups is _____, a worldwide fundraising phenomenon, where proof of concept is supported by the general masses instead of a few with deep pockets.

(Short Answer)
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The entrepreneur:

(Multiple Choice)
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The coexistence approach is one form of:

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Explain the constituents of a typical business plan.

(Essay)
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The firm treats intrapreneurial teams as a cost center rather than as a profit center.

(True/False)
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There are two phases of a global start-up assessment, which consists of deciding whether a firm should become a global start-up and what the firm needs to do to make that happen.

(True/False)
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Entrepreneurs only launch commercial ventures, which sell products or services for a profit.

(True/False)
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