Site MapHelpFeedbackWeb Quizzes
Web Quizzes
(See related pages)

1
While effectuating, entrepreneurs think through a problem in a way that starts with a desired outcome and focuses on the means to generate that outcome.
A)True
B)False
2
A distribution channel member would typically prefer doing business with single-product, rather than multiproduct firms.
A)True
B)False
3
Opportunity assessment plan is more commonly known as business plan.
A)True
B)False
4
The product development phase begins at the iterative synthesis point.
A)True
B)False
5
Learning from business failure involves feedback information and entrepreneurial knowledge.
A)True
B)False
6
Why is the evaluation of an opportunity the most critical element of the entrepreneurial process?
A)It helps the entrepreneur in developing a good business plan.
B)It enables the entrepreneur to judge the market and the competition.
C)It allows the entrepreneur to compare the prospective returns and the resources needed
D)It helps develop the opportunity assessment plan
7
Which is the most common cause of business failure?
A)Insufficient capital
B)Unstable market
C)Insufficient experience
D)Poor entrepreneurship
8
Which grief recovery process is based on both avoidance and proactiveness?
A)Restoration-orientation
B)Proactive counseling
C)Loss-orientation
D)Dual process for grief
9
Which term refers to the process of being proactive towards secondary sources of stress instead of being concerned with loss itself?
A)Grief recovery process
B)Loss-orientation
C)Dual process
D)Restoration-orientation
10
What takes place during the product-evolution process?
A)Innovation is developed and commercialized through entrepreneurial activity.
B)The product/service is evaluated and any scope of further development is charted.
C)The business branches into separate units of development and marketing.
D)The product/service is evaluated to identify its global marketability.





To learn more about the book this website supports, please visit its Information Center.
(c)2010 Tata McGraw-Hill
Any use is subject to the Terms of Use and Privacy Notice.
Tata McGraw-Hill is one of the many fine businesses ofThe McGraw-Hill Companies.


HisrichOnline Learning Center

Home > Chapter 1 > Web Quizzes