FIRST SUMMATIVE EXAM IN ENTREPRENEURSHIP 12
Quiz by CHRISTINA RAYMUNDO
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- Q1
What is Entrepreneurship?
The change in technology, customer preferences, new competition, etc., build pressure for large companies to create an innovative product and sell it to the new set of customers in the new market
Is the mindset that allows you to see opportunity everywhere. It could be business idea, but it could also be seeing the possibilities in the people that can help you grow that business
These businesses are a hairdresser, grocery store, travel agent, consultant, carpenter, plumber, electrician, etc
An individual who creates a new business, bearing most of the risks and enjoying most of the rewards
60s - Q2
Who is the person that has ability and desire to establish, administer and succeed in a startup venture along with risk entitled to it, to make profits?
Entrepreneurial
Manager
Enrepreneur
Entrepreneurship
60s - Q3
Who is the contributor of entreprenurship that said having profits from bearing uncertainty risk?
Shapero
Ronstand
Hoselitz
Knight
60s - Q4
According to this contributor of entrepreneurship a behavior initiative taking, the organizing and recognizing of social economic mechanism to turn resources and situations to practical account, and the acceptance of risk failure is part of the business.
Cole
Shapero
Drucker
Schumpeter
60s - Q5
Who is the contributor said Decisions and judgements about the coordination of scarce resources?
Ronstadt
Casson
Drucker
Gartner
60s - Q6
According to this contributor Uncertainty bearing... coordination of productive resources... introduction of innovations and provision of capital
Gartner
Hoselitz
Cole
Drucker
60s - Q7
Who is the contributor said Behavior rather than personality trait?
Drucker
Hoselitz
Ronstadt
Cole
60s - Q8
He Contribute Carrying out of new combinations of firm organization, new products, new services, new sources of raw material, new method of production, new markets, new forms of organization
Casson
Hoselitz
Knight
Schumpeter
60s - Q9
He contribute dynamic process of vision, change, and creation that requires an application of energy and passion toward the creation and implementation of new ideas creative solutions
Shane
Dyck & Neubert
Hisrich
Kuratko
60s - Q10
He contribute process of creating something new with value by devoting the necessary time and effort assuming the accompanying financial, psychic , and social risk and uncertainties, and receiving the resulting rewards of monetary satisfaction
Stevenson & Grousebeck
Dyck & Neubert
Hisrich & Brush
Kuratko
60s - Q11
He pursuit of opportunity without regard to the resources currently controlled , but constrained by the founders previous choices and industry related experiences
Hart Stevenson, and Dial
Dyck & Neubert
Kuratko
Shane
60s - Q12
He contribute pursuit of opportunity without regard to resources currently controlled
Shane
Kuratko
Stevenson & Grousebeck
Dyck & Neubert
60s - Q13
He contribute purposeful activity to initiate and develop a profit- oriented business
Hoselitz
Cole
Drucker
Casson
60s - Q14
He contribute taking moderate risk in business industry
Casson
McClelland
Hoselitz
Drucker
60s - Q15
According to this contributor Creation of new Organizations make the business grow
Hoselitz
Drucker
Cole
Gartner
60s