Question 1

Identify four members of your social network and assess the type of classifications they would represent.

Accepted Answer

The answer of Identify four members of your social network...

Question 2

Which of the following is a recommendation by Kathleen Eisenhardt as a way to engage healthy conflict?

Accepted Answer

A) establish clear goals before engaging in discussion 
B) limit discussion of alternatives to a set time 
C) make sure that someone is in charge to keep conflict minimal 
D) make sure that there are ground rules to control escalated conflict

Question 3

Francesca is building her founding team.She knows that fundraising will be important over the next year and thus is looking for someone with strong fundraising skills.She hopes to be financially self-sufficient at the end of the year.Later, she hopes to be able to build a strong sales, marketing, and operations teams with representation across the nation.What strategy should Francesca use in building her team?

Accepted Answer

The answer of Francesca is building her founding team.She knows...

Question 4

Paul is assessing his social ties and starts by listing everyone he knows, regardless of the type of relationship.He then intends to classify them.Paul is working on which dimension of social ties?

Accepted Answer

A) relational 
B) structural 
C) dimensional 
D) cognitive

Question 5

Which set of characteristics is associated with a great founding team?

Accepted Answer

A) technical skills, intelligence, ability to cope with pressure 
B) ability to cope with pressure, social and technical skills, ability to overcome complex obstacles 
C) financial backing, large social networks, business-related skillsets 
D) ability to cope with pressure, social skill, financial stability

Question 6

What is the downfall of the devil's advocate?

Accepted Answer

A) solutions from a team with a devil's advocate rarely come to a conclusion 
B) solutions from a team with a devil's advocate produce superior outcomes 
C) people tend to eliminate the devil's advocate because he or she makes them feel uncomfortable 
D) the devil's advocate encourages people to take sides in team discussions

Question 7

What characteristics may impede a student from building networks while still a student?

Accepted Answer

A) lack of good role models 
B) lack of access to mentors 
C) impression management and lack of confidence 
D) knowledge

Question 8

What is social capital?

Accepted Answer

A) people who willingly cooperate, exchange information, and build trusting relationships 
B) people with whom you connect on social networks 
C) all of your friends and family members 
D) business contacts and vendors

Question 9

If you are in a networking group of 20 to 40 people, how many possible referrals and leads could you obtain from this group?

Accepted Answer

A) at least 10 
B) at least 15 
C) 40 
D) an almost incalculable number

Question 10

This dimension describes the characteristics of your relationship with your contacts.

Accepted Answer

A) relational 
B) structural 
C) dimensional 
D) cognitive

Question 11

Trice is a fellow student who heard about your business idea and put you in contact with his brother-in-law who might have similar interests.What is the role that Trice is playing?

Accepted Answer

A) a mentor 
B) a role model 
C) a self-selected stakeholder 
D) he is just being nice guy

Question 12

Research has found that most fast-growth ventures have been founded by sole entrepreneurs with strong financial backing

Accepted Answer

A) True 
 B)False

Question 13

According to research mentioned in your textbook, how many relationships can be managed at a time?

Accepted Answer

A) 10 
B) 25 
C) 50 
D) 100

Question 14

What conversational stance does a good networker take?

Accepted Answer

A) generally takes the lead in the conversation 
B) actively listens, leaning forward, and mirroring the speaker's gestures 
C) tends to join the larger group where more people can hear his or her message 
D) will listen at first, then turn the conversation to his or her entrepreneurial goal

Question 15

What is Jenn Houser's advice for aligning team goals and values?

Accepted Answer

A) select a team that already shares the goals and values of the company 
B) invest several days with your founders hashing out how the partnership will work before you commit 
C) clearly describe your goals and values up front before selecting the team 
D) let your goals and values evolve as the company forms

Question 16

Power refers to which of the following?

Accepted Answer

A) senior executives who can introduce you to other powerful people 
B) people who have the ability to fund your project 
C) experts in the field 
D) the ability that you have to convince others of your endeavor.

Question 17

This association is listed for social entrepreneurs who "want to change the world."

Accepted Answer

A) Ashoka 
B) The Entrepreneurs' Club 
C) Startup Grind 
D) Young Entrepreneur Council

Question 18

What is a Meetup group?

Accepted Answer

A) a nickname for informal meetings 
B) an international network for entrepreneurs 
C) local meetings with others who share a similar interest of any kind 
D) networking meetings sponsored by the local chamber of commerce

Question 19

In the case study of Jason Miner, what specific entrepreneurial skill did Jason consistently use?

Accepted Answer

A) educational advancement 
B) long working hours 
C) he spoke Spanish 
D) networking

Question 20

A good way of disengaging from a networking conversation is to look the person in the eye, shake his or her hand, and say, "It has been great talking to you."

Accepted Answer