McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Business Administration (MBA) .
Chapters
| 51. |
_____ includes initiative and risk taking, as well as competitive aggressiveness and boldness. |
| A. | New business venturing |
| B. | Self-renewal |
| C. | Innovativeness |
| D. | Proactive Behavior |
| Answer» B. Self-renewal | |
| 52. |
In regards to the differences between the entrepreneurial and administrative focuses which of the following is correct? |
| A. | Entrepreneurs focus on slow steady growth and managers’ focus on rapid growth |
| B. | Entrepreneurs rent or sporadically use resources; managers like to own resources |
| C. | Entrepreneurs are driven by controlled resources; managers by opportunity |
| D. | Entrepreneurs tend to use a hierarchical management structure; managers use a more fluid, flat approach |
| Answer» D. Entrepreneurs tend to use a hierarchical management structure; managers use a more fluid, flat approach | |
| 53. |
. Entrepreneurial culture and growth orientation consists of all of the following except: |
| A. | Encouraging employees to generate ideas. |
| B. | Focusing on opportunities. |
| C. | The desire to grow at a slow and controlled pace. |
| D. | Being creative. |
| Answer» A. Encouraging employees to generate ideas. | |
| 54. |
All these are characteristics of an entrepreneurial environment except: |
| A. | there is short term horizons. |
| B. | new ideas are encouraged. |
| C. | the organization operates on frontiers of technology. |
| D. | it uses a multidiscipline teamwork approach. |
| Answer» B. new ideas are encouraged. | |
| 55. |
Which of the following is true about corporate entrepreneurship (Inrapreneurship)? |
| A. | Equity in a new venture should not be used as a reward due to its uncertain value |
| B. | A company must be willing to invest money without a guarantee of a return in the short term |
| C. | Teams should be segmented by department |
| D. | Top management should not be involved in the process. |
| Answer» B. A company must be willing to invest money without a guarantee of a return in the short term | |
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