Test Bank For Patterns of Entrepreneurship Management, 6th Edition

Chapter 2: The Entrepreneurial Process Please answer the following questions. 1. Which of the following is the least fruitful source for identifying business opportunities? a. Consumers. b. Other Entrepreneurs. c. Technical People. d. Family Members. 2. A spider-web provides an analogy to a small company because: a. It is continually under attack from outside b. It has both radial and circumferential axes c. It has multiple points for support on the outside d. It is fragile 3. A near-neighbor network is confined to: a. People living in the same neighborhood b. People who have a fear of flying c. People who can meet frequently d. People who like each other 4. A scale free network has: a. Members who only communicate on the Internet and never meet b. Members who prefer to fly rather than drive c. A few members who have many more contacts than the most d. Most members know all the others 5. Which of the following groups is most like a scale free network? a. Members of a bowling club b. Subscribers to MySpace c. Subscribers to BusinessWeek d. Unlisted telephone subscribers 6. Which of the following professionals are less likely to be highly connected in a Network? a. Window-cleaners b. Attorneys c. Accountants d. Management Consultants 7. To relieve stress you should: a. Work over the weekend if necessary b. Plan non-work personal time c. Work more intensely d. Work less 8. Which of the following statements most describes an entrepreneurial viewpoint? a. Good opportunities are very hard to find b. Good opportunities come once in a lifetime c. I can always find a good opportunity d. I can see opportunities where others can’t 9. The most likely place to spot a good opportunity is: a. When working for a large company b. When reading the newspaper c. By talking with friends d. By searching the internet 10. Good opportunities can arise when: a. Two or more apparently unconnected events interact b. You question an apparent inconsistency c. Something is annoying. d. All of the above Chapter 2: The Entrepreneurial Process Key to Answers Question Answers 1 D 2 D 3 C 4 C 5 B 6 A 7 B 8 D 9 A 10 D