Copy and Edit

Entrepreneurship VL1

Description

Intrdocution: Entrepreneurship and Management
Kirsten Küss
Quiz by Kirsten Küss, updated more than 1 year ago
Kirsten Küss
Created by Kirsten Küss over 7 years ago
88
1
0

Resource summary

Question 1

Question
Entrepreneurship includes attributes such as
Answer
  • creativity
  • creating order
  • doing
  • thinking
  • continuity/ stiffness

Question 2

Question
Management includes attributes such as
Answer
  • thinking
  • analytical reasoning
  • resource abundance
  • intuition
  • forward/ future orientation

Question 3

Question
Effectuation is
Answer
  • selecting between ends that can be achieved with available means
  • selecting between means to achieve a desired end

Question 4

Question
Causation is
Answer
  • selecting between means to achieve a desired end
  • selecting between ends that can be achieved with available means

Question 5

Question
The available means of Effectuation are
Answer
  • Who am I, What I know, Whom I Know
  • What do I have, What can I do, What I know
  • When will I achieve my goals, How will I get sponsors, Who will help me

Question 6

Question
What are the principles of Effectuation
Answer
  • "Bird in Hand" Principle
  • "Affordable Loss" principle
  • "Crazy Quilt" Principle
  • "Lemonade" Principle
  • "Pilot in the Plane" Principle

Question 7

Question
The "Bird in Hand" Principle is the first of the principles, it encourages to take action with the means readily available.
Answer
  • True
  • False

Question 8

Question
The “Affordable Loss” Principle is about forming partnerships with people or companies that are willing to make a commitment to jointly creating the future.
Answer
  • True
  • False

Question 9

Question
The “Lemonade” Principle says to embrace surprises that arise from uncertain situations and to remain flexible rather than tethered to existing goals
Answer
  • True
  • False

Question 10

Question
The “Crazy Quilt” Principle is the belief that the future is neither found nor predicted, but rather made
Answer
  • True
  • False

Question 11

Question
The "Pilot in the Plane" Principles the belief that the future is neither found nor predicted, but rather made
Answer
  • True
  • False

Question 12

Question
The fusion of Management and Entrepreneurship can be called "Entrepreneuring" Management or Managing Entrepreneurship
Answer
  • True
  • False

Question 13

Question
Entrepreneurial mindset is reflecting your actions
Answer
  • True
  • False

Question 14

Question
Entrepreneurial doing is reflecting your actions
Answer
  • True
  • False
Show full summary Hide full summary

Want to create your own Quizzes for free with GoConqr? Learn more.

Similar

Browse Library