Managing Start-ups And New Ventures

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The World of Innovative Management
The Evolution of Management Thinking
The Environment and Corporate Culture
Managing in a Global Environment
Managing Ethics and Social Responsibility
Managing Start-Ups and New Ventures
Planning and Global Setting
Strategy Formulation and Execution
Managerial Decision Making
Designing Organization Structure
Managing Change and Innovation
Managing Human Resources
Managing Diversity
Understanding Invidividual Behavior
Leadership
Motivating Employees
Managing Communication
Leading Teams
Managing Quality and Performance

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Question 1

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True/False

The process of initiating a business venture, organizing the necessary resources, assuming the associated risks, and enjoying the rewards refers to entrepreneurship.

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Question 2

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Entrepreneurs in the sustainer category are rewarded by the personal satisfaction of being business owners.

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Question 3

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Entrepreneurs in the sustainer category like the chance to balance work and personal life and often don't want the business to grow too large.

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Question 4

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True/False

Entrepreneurs in the optimizer category are rewarded by the personal satisfaction of being business owners.

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Question 5

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Optimizers are rewarded by the chance to work on something that is new, creative, or personally meaningful.

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Question 6

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Research indicates that the age of a company, more so than its size, determines the number of jobs that it creates.

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Question 7

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Women have historically started fewer businesses than men, and the gap is widening.

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Question 8

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Entrepreneurs who aspire to start an online or mobile business must follow different, more rigorous steps than is required to start a traditional business.

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Question 9

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In the United States, entrepreneurship and small business are the engines for job creation and innovation.

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Question 10

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A new corporate structure known as a benefit corporation has been established for minority-owned and women-owned businesses.

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Question 11

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Immigrants are more likely to start small businesses than native-born Americans.

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Question 12

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The powerful advantage of a franchise is that management help is provided by the franchisor.

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Question 13

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A need to achieve is a psychological characteristic that means people are motivated to excel and pick situations in which success is likely.

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Question 14

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Entrepreneurs are able to stay positive after long periods of sacrifice or struggle.

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Question 15

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IndieGoGo, Kickstarter, and GoFundMe are all examples of crowdfunding platforms.

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Question 16

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Social entrepreneurs are leaders who are committed to both good business and ensuring high profitability.

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Question 17

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Most entrepreneurs use their own savings as the primary source of initial funding.

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Question 18

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The most common source of new business ideas comes from in-depth understanding of an industry or profession.

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Question 19

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A document specifying the business details prepared by an entrepreneur prior to opening a new business is known as a business plan.

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Question 20

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A business plan for a small business should be detailed, encompassing at least 100 pages.

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