Entrepreneurial Behavior Midterm Exam

Beschreibung

Entrepreneurial Behavior Midterm Exam
Miles Milla
Quiz von Miles Milla, aktualisiert more than 1 year ago
Miles Milla
Erstellt von Miles Milla vor etwa 9 Jahre
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Zusammenfassung der Ressource

Frage 1

Frage
Identification of potential new products or services that may lead to promising businesses
Antworten
  • Opportunity Recognition
  • Entrepreneurial Alertness

Frage 2

Frage
Readiness to act on existing, but unnoticed, business opportunities
Antworten
  • Entrepreneurial Alertness
  • Opportunity Recognition

Frage 3

Frage
Good Investment Qualities
Antworten
  • Products that serve clear and important needs
  • Products that customers know about
  • Products that customers can afford
  • A good idea is not the same as a good opportunity.
  • A good ideas is the same as good opportunity

Frage 4

Frage
Involve new ideas, involve new technology, centered around providing customers with a new product.
Antworten
  • Type B
  • Type A
  • Type C

Frage 5

Frage
Are centered around providing customers with an existing product not available in their market.
Antworten
  • Type A
  • Type B
  • Type C

Frage 6

Frage
Are centered around providing customers with an improved product.
Antworten
  • Type B
  • Type C

Frage 7

Frage
Unanticipated events lead to either enterprise success or failure
Antworten
  • The unexpected
  • The incongruous
  • Process needs

Frage 8

Frage
What is expected is out of line with what will work.
Antworten
  • Structural change
  • The incongruous
  • Process needs

Frage 9

Frage
Current technology is insufficient to address an emerging challenge.
Antworten
  • Process needs
  • Structural change

Frage 10

Frage
Changes in technology, markets, etc., alter industry dynamics.
Antworten
  • Process needs
  • Structural change

Frage 11

Frage
Shifts in population size, age structure, ethnicity, and income distribution impact product demand.
Antworten
  • Changes in perception
  • Demographics

Frage 12

Frage
Perceptual variations determine product demand.
Antworten
  • Changes in perception
  • New knowledge

Frage 13

Frage
Learning opens the door to new product opportunities with commercial potential.
Antworten
  • Changes in perception
  • New knowledge

Frage 14

Frage
what are the Industry Factors?
Antworten
  • The unexpected The incongruous Process needs Structural change
  • Demographics Changes in perception New knowledge

Frage 15

Frage
What are the Human and Economic Factors?
Antworten
  • Demographics Changes in perception New knowledge
  • The incongruous Structural change Process needs

Frage 16

Frage
A plan of action that coordinates the resources and commitments of an organization to achieve superior performance.
Antworten
  • Strategic Decision
  • Strategy

Frage 17

Frage
A decision regarding the direction a firm will take in relating to its customers and competitors.
Antworten
  • Strategic Decision
  • Strategy

Frage 18

Frage
A value-creating industry position that is likely to endure over time.
Antworten
  • Strategy
  • Sustainable Competitive Advantage
  • Strategic Decision

Frage 19

Frage
A value-creating industry position that is likely to endure over time.
Antworten
  • Sustainable Competitive Advantage
  • Strategic Decision
  • Strategy
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