Exam 2 Spring 2011 practice test

Exam 2 Spring 2011 practice test - ENT 3003 Spring 2011...

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ENT 3003 Spring 2011 Exam #2 Practice Questions Below are examples of the types of questions you could get from the TEXT and LECTURE. These do not cover each and every topic discussed but should give you a good general idea of what to expect on the test. The test will be 40 questions. 15 from the text and 25 from lecture. It is not cumulative. If you have any questions, please feel free to post them on the discussion board. Good luck! 1. From the summary of Bhide’s research, it’s been said: “Entrepreneurs are like gamblers in a casino who know they are good at craps and therefore are likely to win. They believe they are smarter, more creative and harder working than most. They make their own luck”. Clarifying this statement, we discussed his concept of the distinctive qualities of entrepreneurs. Which of the following is not one of Bhide’s distinctive qualities of entrepreneurs? a) Regarding his propensity to start a business, he has the “right amount” of experience; too much increases the opportunity cost of failure; too little increases the chance of failure. b) He has a tolerance for ambiguity. c) He has a need for positive feedback. d) He has a strong capacity for adaptation. 2. According to the text, in addition to a strategy for achieving the goals of the company, a new venture also needs a)capitalization. b)some good tactics or action plans.
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Exam 2 Spring 2011 practice test - ENT 3003 Spring 2011...

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