MNE202 Tut201_2008_2_e[1]

MNE202 Tut201_2008_2_e[1] - 3 3 MNE 202-V/201/2/2008...

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MNE 202-V/201/2/2008 UNISA 3 3 FEEDBACK ON ASSIGNMENT 02 NOTE: Question 14 is from chapter 16 which is not prescribed in the syllabus for this course. This question will be ignored and your assignment will be marked out of 24 marks. Question 1 The correct answer is 2. Refer to page 8 of your prescribed book. Fillion identified five periods of development of entrepreneurship. These periods of development include economic perspective, behaviourist perspective, management science perspective, social science perspective and entrepreneurship perspective. Question 2 The correct answer is 2. Refer to page 30 of your prescribed book. A person with a high need for achievement has a high level of motivation to excel. Question 3 The correct answer is 3. Refer to page 53 of your prescribed book. Recognition of a problem or situation is not one of the requirements of the incubation phase. Requirements of the incubation phase of the creative process are: imagination, absorption, seeking ideas, possible answers and solutions, independence and psychological freedom. Question 4 The correct answer is 4. Refer to page 52 of your prescribed book. The process of creative thinking is composed of discovery, invention, innovation and patent. Question 5 The correct answer is option 3. Refer to page 81 of your prescribed book. Bigger or established businesses tend to leave gaps in the market because of their technological inertia, failure to see new opportunity, underestimation of new opportunities, cultural inertia, politics and internal fighting and government intervention to support new entrants. Question 6 The correct answer is 4. Refer to page 85 of your prescribed book. In order to have a durable and sustainable venture, it is critical for the entrepreneur to be on the constant lookout for other opportunities of which he or she can successfully take advantage.
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MNE 202-V/201/2/2008 UNISA 4 Question 7 The correct answer is 3. Refer to page 99 of your prescribed book. When developing a business plan to attract shareholders, the emphasis
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This note was uploaded on 10/12/2011 for the course MNE 202 taught by Professor Mne during the Spring '11 term at University of South Africa.

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MNE202 Tut201_2008_2_e[1] - 3 3 MNE 202-V/201/2/2008...

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