MNE202-V_TL_101_2010.final[1]

MNE202-V_TL_101_2010.final[1] - MNE202V 2 8 MNE202V/101...

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MNE202V/101/3/2010
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MNE202V/101 8 ASSIGNMENTS AND ASSESSMENT CRITERIA ASSIGNMENT 01 SUBMISSION DATE UNIQUE NUMBER First semester 05 March 2010 804908 Second semester 13 August 2010 865663 Please note that this is a COMPULSORY ASSIGNMENT. You have to complete the assignment and submit it to Unisa before the due date. It contains only multiple-choice questions, which you must answer on a mark-reading sheet. REMEMBER TO ENTER THE UNIQUE ASSIGNMENT NUMBER ON THE MARK-READING SHEET. 1 Which of the following are regarded as entrepreneurial success factors ? a knowledge about competitors b leadership c creativity and innovation d high quality work 1 a b 2 a d 3 b c 4 c d 2
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MNE202V/101 2 Entrepreneurship is not always seen as a legitimate career choice. Many people are pulled or pushed into a career as an entrepreneur. Which of the following are the pull factors to entrepreneurship ? a independence b recognition c unemployment d achievement e job insecurity 1 a b c 2 c d e 3 b c d 4 a b d 3 Entrepreneurial orientation is crucial to the survival and growth of firms and economic prosperity of nations. Factors that encourage an entrepreneurial orientation include _____ and _____. a unemployment b culture c job insecurity d education 1 a b 2 a c 3 b d 4 c d 3
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MNE202V/101 4 When a person has a high need for achievement, he or she _________. 1 does not like being tied down by rules and regulations 2 has a high level of motivation to excel 3 likes to be in control and has good delegating skills 4 establishes a sustainable competitive advantage within his or her venture 5 Which of the following individuals are not entrepreneurs? a John and Sam buy old books which they resell at their flea market stall. b Mary turns part of her home into a day-care centre. c Jack resigns from his job as a teacher to manage his uncle’s restaurant. d Peter sells snacks at a soccer match for SAFA. He gets paid R20 an hour. 1 a b 2 b c 3 c d 4 a d 6 Which of the following characteristics distinguish the entrepreneurial venture from a small business? a innovation b competitive advantage c potential for growth d economic growth 1 a b 2 a c 3 b d 4 c d 4
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MNE202V/101 7 Which one of the following statements best describes the entrepreneurial activities of the subsistence entrepreneur? 1 qualifies for a loan from a bank 2 inexperienced in business management and needs support and training 3 isolated from the market and unaware of own potential 4 welfare-oriented approach to doing business 8 Which one of the following characteristics of an entrepreneur best describes an entrepreneur who is driven internally by a strong desire to compete against self-imposed standards and pursue and attain challenging goals? 1
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MNE202-V_TL_101_2010.final[1] - MNE202V 2 8 MNE202V/101...

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