Test Bank for Entrepreneurship Theory, Process, Practice, 12th Edition Donald F. Kuratko Chapter 1-15 Chapter 01: Entrepreneurship: Evolutionary Development—Revolutionary Impact 1. Entrepreneurs are aggressive catalysts for change within the marketplace. a. True b. False ANSWER: True RATIONALE: Entrepreneurs see opportunity where others might see chaos. POINTS: 1 REFERENCES: 1.1 Entrepreneurs: Breakthrough Innovators QUESTION TYPE: True / False HAS VARIABLES: False LEARNING OBJECTIVES: ENTR.KURA.24.1.1 - Identify the major types of entrepreneurial ventures DATE CREATED: 5/2/2023 7:59 AM DATE MODIFIED: 5/2/2023 8:08 AM 2. During the past 10 years, new business start-ups averaged more than 600,000 per year. a. True b. False ANSWER: True RATIONALE: There are many start-ups each year in the United States, averaging over POINTS: 1 REFERENCES: 1.7 The Entrepreneurial Revolution: A Global Phenomenon QUESTION TYPE: True / False HAS VARIABLES: False LEARNING OBJECTIVES: ENTR.KURA.24.1.7 - Examine the entrepreneurial revolution taking place today DATE CREATED: 5/2/2023 8:08 AM DATE MODIFIED: 5/2/2023 8:10 AM 3. Employees embrace fear, while entrepreneurs are willing to take calculated risks. a. True b. False ANSWER: True RATIONALE: Entrepreneurship is a dynamic process of vision, change, and creation. POINTS: 1 REFERENCES: 1.4 The Evolution of Entrepreneurship QUESTION TYPE: True / False HAS VARIABLES: False LEARNING OBJECTIVES: ENTR.KURA.24.1.6 - Paraphrase a comprehensive definition of entrepreneurship DATE CREATED: 5/2/2023 8:10 AM Copyright Cengage Learning. Powered by Cognero.
Page 1