Question 1

Explain the constituents of a typical business plan.

Accepted Answer

The constituents of a typical business plan are:
F1F1F1S1F1F1F10Executive summary: It highlights all the key points of the plan in a way that captures the reader's interest.The unique value proposition and business model really matters.
F1F1F1S1F1F1F10Company description: This short section provides a summary of the company's capabilities and its goals and plans for the next five years.
F1F1F1S1F1F1F10Products and services: This overview explains what products or services the company will sell.It also discusses why customers will want the products or services, what problems the offerings will solve and what benefits they will deliver, and how much customers are likely to pay for them.
F1F1F1S1F1F1F10Market analysis: This section identifies the need or demand for the product, who the target customers will be, and why the customers will buy the product.The section also includes a discussion of the company's competitors or potential competitors.It also tries to ascertain as to why the product or service will have a competitive advantage over similar offerings from competitors.It also addresses the barriers to entry in this market that may prevent the entry of new competitors,
F1F1F1S1F1F1F10Proprietary position: If the new venture will rely on patents or licenses to patents, this section discusses how these patents will contribute to the company's competitive position and assesses whether other patents might limit the company's ability to market its products.If similar products do not already exist, it discusses the alternative means by which customers are likely to meet the needs the product addresses.
F1F1F1S1F1F1F10Marketing and sales plan: This part shows how the company plans to attract and maintain customers and discusses product pricing promotion and positioning strategy.
F1F1F1S1F1F1F10Management team: The plan describes the members of the management team, emphasizing its track record at accomplishing tasks similar to those the company will face.Investors view the management team as the most important asset that will lead to company growth and help respond to unexpected changes.
F1F1F1S1F1F1F10Operations plan: The plan describes how the business will operate on a day-to-day basis, explaining how the key assets will be used to produce and deliver the products and services.This section includes a description of where the company will be located and where it will do business.
F1F1F1S1F1F1F10Finances: This section identifies the capital that will be required to build the business and how it will be used.It includes projections of revenues and expenses that show investors how they will get their money back and what return they can expect on their investment.

Question 2

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

Accepted Answer

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

Question 3

_____ 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.

Accepted Answer

A) Social entrepreneurship 
B) New-market disruption 
C) Low-end disruption 
D) Bootstrapping 
E) Countertrade 
A) Social entrepreneurship 
B) New-market disruption 
C) Low-end disruption 
D) Bootstrapping 
E) Countertrade C

Question 4

What are the factors that affect the ease with which business could be done in a country?

Accepted Answer

Economic activity requires good rules.Bu

Question 5

The probability of the success of a business venture depends:

Accepted Answer

A) solely on strong execution of the strategies. 
B) solely on the necessary resources and capabilities. 
C) solely on the right entrepreneurial team. 
D) solely on a good opportunity. 
E) on a good opportunity, the right entrepreneurial team, and the necessary resources and capabilities. 
A) solely on strong execution of the strategies. 
B) solely on the necessary resources and capabilities. 
C) solely on the right entrepreneurial team. 
D) solely on a good opportunity. 
E) on a good opportunity, the right entrepreneurial team, and the necessary resources and capabilities.

Question 6

_____ had been perceived as risk takers and nonconformists who were usually unable to work in a corporate environment.

Accepted Answer

The answer of _____ had been perceived as risk takers...

Question 7

Dell's direct-sales model using catalogs and then the Internet is an example of:

Accepted Answer

A) new-market disruption. 
B) low-end disruption. 
C) bias for action. 
D) venture capitalism. 
E) angel investment. 
A) new-market disruption. 
B) low-end disruption. 
C) bias for action. 
D) venture capitalism. 
E) angel investment.

Question 8

Social entrepreneurs apply the same tools and skill sets as other entrepreneurs.

Accepted Answer

A) True 
 B)False

Question 9

The pillars associated with _____ economies are institutions, infrastructure, macroeconomic stability, and health and primary education.

Accepted Answer

A) productivity-driven 
B) skill-driven 
C) innovation-driven 
D) efficiency-driven 
E) factor-driven 
A) productivity-driven 
B) skill-driven 
C) innovation-driven 
D) efficiency-driven 
E) factor-driven

Question 10

How does a stint in corporate life help an entrepreneur?

Accepted Answer

As corporate life continues to offer les

Question 11

What are the major obstacles faced by organizations in setting up new venture activities as a part of the coexistence approach of organizational intrapreneurship?

Accepted Answer

Organizations face four obstacles:
F1F1F

Question 12

According to the late Jeffry Timmons, one of the early leaders in entrepreneurship education, what are the five most prevalent myths about entrepreneurship?

Accepted Answer

Jeffry Timmons noted that there are many

Question 13

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 14

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 15

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

Accepted Answer

The answer of Many large companies attempt to create the...

Question 16

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

Accepted Answer

A) a factor-driven economy. 
B) an efficiency-driven economy. 
C) venture capitalism. 
D) an innovation-driven economy. 
E) bootstrapping. 
A) a factor-driven economy. 
B) an efficiency-driven economy. 
C) venture capitalism. 
D) an innovation-driven economy. 
E) bootstrapping.

Question 17

Which of the following statements is true about intrapreneurs?

Accepted Answer

A) They are synonymous with entrepreneurs. 
B) They have lesser resources than most new ventures. 
C) They face the immediate risk of losing a paycheck. 
D) They are protected from feeling the immediate impact of failures and mistakes. 
E) They undertake projects that never lead to any kind of innovation in product or service. 
A) They are synonymous with entrepreneurs. 
B) They have lesser resources than most new ventures. 
C) They face the immediate risk of losing a paycheck. 
D) They are protected from feeling the immediate impact of failures and mistakes. 
E) They undertake projects that never lead to any kind of innovation in product or service.

Question 18

A combination of new-market and low-end disruption strategies is termed as _____.

Accepted Answer

hybrid-dis

Question 19

Time and motion indicators:

Accepted Answer

A) are one of the pillars associated with factor-driven economies. 
B) measure how long it takes to complete a regulatory goal. 
C) measure the relative political and economic stability of a nation. 
D) ensure measures to trace early adopters. 
E) assess the social culture of a nation. 
A) are one of the pillars associated with factor-driven economies. 
B) measure how long it takes to complete a regulatory goal. 
C) measure the relative political and economic stability of a nation. 
D) ensure measures to trace early adopters. 
E) assess the social culture of a nation.

Question 20

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.

Accepted Answer

A) True 
 B)False

Explain the constituents of a typical business plan.

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

_____ 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.

What are the factors that affect the ease with which business could be done in a country?

The probability of the success of a business venture depends:

_____ had been perceived as risk takers and nonconformists who were usually unable to work in a corporate environment.

Dell's direct-sales model using catalogs and then the Internet is an example of:

Social entrepreneurs apply the same tools and skill sets as other entrepreneurs.

The pillars associated with _____ economies are institutions, infrastructure, macroeconomic stability, and health and primary education.

How does a stint in corporate life help an entrepreneur?

What are the major obstacles faced by organizations in setting up new venture activities as a part of the coexistence approach of organizational intrapreneurship?

According to the late Jeffry Timmons, one of the early leaders in entrepreneurship education, what are the five most prevalent myths about entrepreneurship?

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.

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

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

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

Which of the following statements is true about intrapreneurs?

A combination of new-market and low-end disruption strategies is termed as _____.

Time and motion indicators:

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.

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

Explain the constituents of a typical business plan.

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

_____ 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.

What are the factors that affect the ease with which business could be done in a country?

The probability of the success of a business venture depends:

_____ had been perceived as risk takers and nonconformists who were usually unable to work in a corporate environment.

Dell's direct-sales model using catalogs and then the Internet is an example of:

Social entrepreneurs apply the same tools and skill sets as other entrepreneurs.

The pillars associated with _____ economies are institutions, infrastructure, macroeconomic stability, and health and primary education.

How does a stint in corporate life help an entrepreneur?

What are the major obstacles faced by organizations in setting up new venture activities as a part of the coexistence approach of organizational intrapreneurship?

According to the late Jeffry Timmons, one of the early leaders in entrepreneurship education, what are the five most prevalent myths about entrepreneurship?

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.

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

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

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

Which of the following statements is true about intrapreneurs?

A combination of new-market and low-end disruption strategies is termed as _____.

Time and motion indicators:

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.

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