Exam 11: Global Entrepreneurship and Intrapreneurship

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A common characteristic of born-global firms is that their offerings complement the products or capabilities of other global players.

(True/False)
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What concerns do organizations have to take care of in order to ensure the success of corporate new ventures?

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What methods are used by organizations to foster intrapreneurship?

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_____ means exploiting a new business opportunity with limited funds.

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How does a stint in corporate life help an entrepreneur?

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Culture plays an insignificant role in deciding whether the condition in a particular country is conducive to entrepreneurship.

(True/False)
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The Brazilian economy competes on production and product quality.Therefore, one could term the Brazilian economy as an example of:

(Multiple Choice)
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Owner financing, sweat equity, and minimization of the accounts receivable are the different types of:

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What distinguishing feature separates a born-global firm from a traditional business organization?

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_____ are those consumers who buy technologies ahead of the curve.

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Chad's economy is dependent on oil reserves and is very sensitive to world economic cycles, commodity prices, and fluctuations in exchange rates.Hence, one could term this economy as an example of:

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Time and motion indicators:

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The _____ approach is one form of organizational intrapreneurship wherein the new venture activities are conducted within an existing business or business unit.

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The executive summary highlights how the business operates on a day-to-day basis.

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Entrepreneurs are the same as people who purchase a small business in terms of the methodology, new product development, and the choice of markets.

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The distinguishing feature of born-global firms is that their origins are international, as demonstrated by management's global focus and the commitment of certain types of resources to international activities.

(True/False)
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Jeffry Timmons-one of the early leaders in entrepreneurship education-considered the opinion that entrepreneurs are born and not made, a myth.

(True/False)
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A(n)_____ is a business organization that,from inception, seeks toderive significant competitive advantage from the use of resources and the sale of outputs in multiple countries.

(Multiple Choice)
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A(n)_____ refers to a person within an established business who takes direct responsibility for turning an idea into a profitable finished product through assertive risk taking and innovation.

(Multiple Choice)
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Opportunity identification does not form a part of the entrepreneurial process.

(True/False)
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