Entrepreneurship > TEST BANKS > Test Bank For Entrepreneurship The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. (All)

Test Bank For Entrepreneurship The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray

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Multiple Choice 1. The authors define entrepreneurship as . a. a discipline that seeks to understand how opportunities are discovered, created, and exploited, by whom, and with what consequences b... . starting a small business by finding investors and launching a product c. developing a new market by creating a product that does not currently exist d. a mindset that compels people to start multiple ventures throughout a lifetime. Ans: A Learning Objective: 1.1. Explain the importance of action and practice in entrepreneurship. Cognitive Domain: Knowledge Answer Location: Entrepreneurship Requires Action and Practice Difficulty Level: Medium AACSB Standard: Reflective thinking 2. are small, short-term loans often associated with entrepreneurs in developing countries. a. No-interest loans b. High-interest loans c. Microloans d. Miniloans Ans: C Learning Objective: 1.1. Explain the importance of action and practice in entrepreneurship. Cognitive Domain: Knowledge Answer Location: Entrepreneurship Requires Action and Practice Difficulty Level: Medium AACSB Standard: Financial theories, analysis, reporting and markets 3. This is the discipline that seeks to understand how opportunities are discovered, created, and exploited, by whom, and w [Show More]

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