Question 1

A(n) _____ is defined as one who organizes, owns, manages, and assumes the risks of an economic venture.

Accepted Answer

A) stakeholder 
B) strategist 
C) intrapreneur 
D) entrepreneur 
E) importer 
A) stakeholder 
B) strategist 
C) intrapreneur 
D) entrepreneur 
E) importer

Question 2

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 3

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 4

The organization defines and supports a system of contractual agreements between internal enterprises.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A) Small-business owners 
B) Entrepreneurs 
C) Intrapreneurs 
D) Angel investors 
E) Venture capitalists 
A) Small-business owners 
B) Entrepreneurs 
C) Intrapreneurs 
D) Angel investors 
E) Venture capitalists

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

A _____ refers to a formal statement of a set of business goals.

Accepted Answer

A) strategic plan 
B) service-level plan 
C) pro-forma invoice 
D) horizontal scope statement 
E) business plan 
A) strategic plan 
B) service-level plan 
C) pro-forma invoice 
D) horizontal scope statement 
E) business plan

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

What are the three categories into which new venture opportunities tend to fall?

Accepted Answer

New venture opportunities tend to fall i

Question 10

The United States is an example of a(n) _____economy.

Accepted Answer

The answer of The United States is an example of...

Question 11

_____ consists of identifying opportunities, planning and devising the venture, and resourcing the venture and taking action.

Accepted Answer

A) Business plan 
B) Bias for action 
C) New-market disruption 
D) Bootstrapping 
E) Entrepreneurial process 
A) Business plan 
B) Bias for action 
C) New-market disruption 
D) Bootstrapping 
E) Entrepreneurial process

Question 12

What methods are used by organizations to foster intrapreneurship?

Accepted Answer

The following are some methods that have

Question 13

A disruptive technology is a technology that can make prior technologies obsolete.

Accepted Answer

A) True 
 B)False

Question 14

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.

Question 15

Disruptive technology refers to:

Accepted Answer

A) the process of exploiting a new business opportunity with limited funds. 
B) a technology that only changes existing technologies with better value. 
C) a technology that can make prior technologies obsolete. 
D) the propensity to act or decide without customary analysis or sufficient information. 
E) an investment firm that makes venture investments. 
A) the process of exploiting a new business opportunity with limited funds. 
B) a technology that only changes existing technologies with better value. 
C) a technology that can make prior technologies obsolete. 
D) the propensity to act or decide without customary analysis or sufficient information. 
E) an investment firm that makes venture investments.

Question 16

Entrepreneurs only launch commercial ventures, which sell products or services for a profit.

Accepted Answer

A) True 
 B)False

Question 17

What factors should you consider before deciding to be an entrepreneur?

Accepted Answer

You need to understand and be clear abou

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

In the coexistence approach:

Accepted Answer

A) the firm sets up an internal new-venture division. 
B) new venture activities are conducted within an existing business or business unit. 
C) investment firms make venture investments and bring managerial and technical expertise as well as capital to the investments. 
D) firms exploit a new business opportunity with limited funds. 
E) firms create a new market that was previously ignored by the existing market's dominant players. 
A) the firm sets up an internal new-venture division. 
B) new venture activities are conducted within an existing business or business unit. 
C) investment firms make venture investments and bring managerial and technical expertise as well as capital to the investments. 
D) firms exploit a new business opportunity with limited funds. 
E) firms create a new market that was previously ignored by the existing market's dominant players.

Question 20

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.

Accepted Answer

A) angel investor 
B) venture capitalist 
C) small-business owner 
D) entrepreneur 
E) intrapreneur 
A) angel investor 
B) venture capitalist 
C) small-business owner 
D) entrepreneur 
E) intrapreneur

A(n) _____ is defined as one who organizes, owns, manages, and assumes the risks of an economic venture.

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

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

The organization defines and supports a system of contractual agreements between internal enterprises.

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

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

A _____ refers to a formal statement of a set of business goals.

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

What are the three categories into which new venture opportunities tend to fall?

The United States is an example of a(n) _____economy.

_____ consists of identifying opportunities, planning and devising the venture, and resourcing the venture and taking action.

What methods are used by organizations to foster intrapreneurship?

A disruptive technology is a technology that can make prior technologies obsolete.

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

Disruptive technology refers to:

Entrepreneurs only launch commercial ventures, which sell products or services for a profit.

What factors should you consider before deciding to be an entrepreneur?

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

In the coexistence approach:

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.

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

A(n) _____ is defined as one who organizes, owns, manages, and assumes the risks of an economic venture.

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

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

The organization defines and supports a system of contractual agreements between internal enterprises.

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

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

A _____ refers to a formal statement of a set of business goals.

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

What are the three categories into which new venture opportunities tend to fall?

The United States is an example of a(n) _____economy.

_____ consists of identifying opportunities, planning and devising the venture, and resourcing the venture and taking action.

What methods are used by organizations to foster intrapreneurship?

A disruptive technology is a technology that can make prior technologies obsolete.

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

Disruptive technology refers to:

Entrepreneurs only launch commercial ventures, which sell products or services for a profit.

What factors should you consider before deciding to be an entrepreneur?

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

In the coexistence approach:

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.

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