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    Chapter 3 MCQs

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    madihaadnan1
    The document contains 15 multiple choice questions about entrepreneurs and entrepreneurship. The questions cover topics such as the definition of entrepreneurs, the role of entrepreneurs in economic growth, characteristics of entrepreneurs including age and personality traits, motivations for becoming an entrepreneur such as independence and identifying opportunities, and challenges entrepreneurs face such as uncertainties.

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    Chapter 3 MCQs

    Uploaded by

    madihaadnan1
    3K views3 pages
    The document contains 15 multiple choice questions about entrepreneurs and entrepreneurship. The questions cover topics such as the definition of entrepreneurs, the role of entrepreneurs in economic growth, characteristics of entrepreneurs including age and personality traits, motivations for becoming an entrepreneur such as independence and identifying opportunities, and challenges entrepreneurs face such as uncertainties.

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    Old papers of ente

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    The document contains 15 multiple choice questions about entrepreneurs and entrepreneurship. The questions cover topics such as the definition of entrepreneurs, the role of entrepreneurs in economic growth, characteristics of entrepreneurs including age and personality traits, motivations for becoming an entrepreneur such as independence and identifying opportunities, and challenges entrepreneurs face such as uncertainties.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    3K views3 pages

    Chapter 3 MCQs

    Uploaded by

    madihaadnan1
    The document contains 15 multiple choice questions about entrepreneurs and entrepreneurship. The questions cover topics such as the definition of entrepreneurs, the role of entrepreneurs in economic growth, characteristics of entrepreneurs including age and personality traits, motivations for becoming an entrepreneur such as independence and identifying opportunities, and challenges entrepreneurs face such as uncertainties.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Chapter 3 MCQs

    1. Economies need entrepreneurs to:


    a) Share and disseminate knowledge
    b) Create research connections between universities and industry
    c) Support economic growth activity and growth
    d) To protect and generate revenue for IP

    2. Who was credited with the first use of the term entrepreneur?
    a) Schumpter
    b) Drucker
    c) Kuratko
    d) Cantillon

    3. In Cantillon’s definition of the entrepreneur he focused on:


    a) The individual, the agent and the process
    b) The individuals and the opportunities
    c) The risks and returns
    d) Opportunities and change

    4. The development of technology entrepreneurs is linked to:


    a) Technology management
    b) Technology systems
    c) Knowledge flows
    d) All of the above

    5. Which of the following is not one of the typologies of technology-based entrepreneurs as


    identified by Jones-Evans (1995)?
    a) Research producers
    b) Research
    c) Producer
    d) Producer Technical

    6. Which of the following is not a common characteristic of entrepreneurs?


    a) Rewards
    b) Timid
    c) Dealing with uncertainty
    d) Resource appropriation

    7. According to Baron (2004), the entrepreneur’s decision to find new ventures often stems
    from:
    a) Their desire to make a profit
    b) Their belief that that they have identified an opportunity no one else has recognised and
    can benefit from being first to enter the market
    c) Their desire to enhance economic growth
    d) None of the above

    8. Technology entrepreneurs must have:


    a) No managerial experience
    b) Senior management roles
    c) Middle management roles
    d) CEO roles

    9. Entrepreneurial endeavours are most prevalent among those aged:


    a) 19-24
    b) 25-34
    c) 35-44
    d) 45-54

    10. For entrepreneurs, their personal traits are central to their motivations.
    a) Technology
    b) Young
    c) Elderly
    d) All

    11. Many entrepreneurs display a personality


    a) Type-A
    b) Type-B
    c) Positive
    d) Negative

    12. Independence is a strong motivation for entrepreneurs. With independence comes:


    a) Significant responsibilities
    b) A sense of fear
    c) Pressures on time
    d) All of the above

    13. In his study on high achievers Roberts (1998) found that:


    a) Many of them created a new venture on the spur of the moment
    b) Many of them had thought about creating a new venture long before they did so
    c) Many of them created a new venture with little planning
    d) Many of them gave little thought to a new venture

    14. Entrepreneurial intent is linked to:


    a) Personality traits and the likelihood that an individual would set up a new venture
    b) Rewards and risks
    c) Opportunity and Recognition
    d) Resource appropriation and family context

    15. Entrepreneurs have to deal with:


    a) Internal uncertainties only
    b) External uncertainties only
    c) Both external and internal uncertainties
    d) Neither

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