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Entrepreneurship Test Questions - 1945 Verified Questions

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Entrepreneurship Test Questions

Course Introduction

Entrepreneurship is a dynamic course that explores the process of identifying, evaluating, and developing opportunities for creating new businesses. The course covers essential topics such as idea generation, business planning, securing financing, marketing strategies, and risk management. Students learn about the characteristics of successful entrepreneurs, the challenges they face, and the strategies needed to launch and grow innovative ventures. Through case studies, interactive workshops, and real-world projects, learners gain practical skills and insights needed to transform creative ideas into viable enterprises, while understanding the broader impact of entrepreneurship on society and the economy.

Recommended Textbook

Effective Leadership 5th Edition by Robert N. Lussier

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12 Chapters

1945 Verified Questions

1945 Flashcards

Source URL: https://quizplus.com/study-set/1066

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Chapter 1: Who Is a Leader

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134 Verified Questions

134 Flashcards

Source URL: https://quizplus.com/quiz/21065

Sample Questions

Q1) Leadership is the influencing process of leaders and followers to achieve organizational objectives through change.

A)True

B)False

Answer: True

Q2) List and define the decisional managerial leadership roles.

Answer: The decisional leadership roles include entrepreneur, disturbance handler, resource allocator, and negotiator. Leaders perform the entrepreneur role when they innovate and initiate improvements. Leaders perform the disturbance-handler role when they take corrective action during crisis or conflict situations. Leaders perform the resource-allocator role when they schedule, request authorization, and perform budgeting activities. Leaders perform the negotiator role when they represent their organizational unit during routine and nonroutine transactions that do not include set boundaries (such as only one price and term of a sale/purchase for a product/service or pay of an employee).

Q3) Leaders are born, not made.

A)True

B)False

Answer: True

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Page 3

Chapter 2: Leadership Ethics and Traits

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185 Verified Questions

185 Flashcards

Source URL: https://quizplus.com/quiz/21066

Sample Questions

Q1) Ethics is defined as:

A) the standards of right and wrong that influence behavior.

B) creating a win-win situation for all stakeholders.

C) adhering to legal limits.

D) what top management thinks is right.

Answer: A

Q2) The process of reinterpreting immoral behavior in terms of a higher purpose is known as:

A) behavior modification.

B) agreeableness.

C) postbehavior justification.

D) moral justification.

Answer: D

Q3) Our ethical behavior is related to our individual needs and personality traits.

A)True

B)False

Answer: True

Q4) Give an organizational example of behavior at each of the three levels of moral development.

Answer: Students' answers will vary.

To view all questions and flashcards with answers, click on the resource link above. Page 4

Chapter 3: Leadership Motivation and Behavior

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154 Verified Questions

154 Flashcards

Source URL: https://quizplus.com/quiz/21067

Sample Questions

Q1) List the University of Iowa leadership styles.

Answer: The University of Iowa leadership styles are autocratic and democratic.

Q2) A manager that assigns challenging tasks that can be completed with hard work is best described as using which motivation theory?

A) hierarchy of needs

B) two-factor

C) acquired needs

D) equity

E) goal-setting

F) expectancy

G) reinforcement

Answer: E

Q3) Based on Maslow's Hierarchy of Needs, a major recommendation to leaders is to meet employees' higher level needs first.

A)True

B)False

Answer: False

Q4) Which leadership model do you prefer?

Answer: Students' answers will vary.

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Chapter 4: Contingency Theories in Leadership

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151 Verified Questions

151 Flashcards

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Sample Questions

Q1) Do the three situational favorableness factors of the contingency leadership model (Exhibit 5.3) fit in only one of the three variables (follower, leader, situation) of all contingency leadership variables (Exhibit 5.1)? Explain.

Q2) According to contingency leadership theories, leadership success requires that managers adapt different leadership styles to meet the situation.

A)True

B)False

Q3) Identify your present or past manager. Can the characteristics of followers, task, and/or the organization substitute for this leader? In other words, is his or her leadership necessary? Explain.

Q4) Do you believe that more managers today are using more boss- or subordinate-centered leadership styles?

Q5) 1. Identify the one contingency leadership model you prefer to use on the job, and state why.

2. Describe the type of leader that you want to be on the job. Identify specific behavior you plan to use as a leader. You may also want to identify behavior you will not use.

Q6) State the leadership continuum model major styles and variables.

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Page 6

Chapter 5: Influencing: Politics, Power, Negotiation, and Networking

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168 Verified Questions

168 Flashcards

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Sample Questions

Q1) To increase connection power:

A) develop a network of information sources, and gather information from them.

B) follow the guidelines for using the coalition influencing tactic.

C) project a positive self-concept.

D) all of the answers are correct

Q2) What type of situation (win/lose) is the goal of negotiation?

Q3) Your one minute self-sell includes which of the following:

A) A career summary

B) Career plans.

C) Questions to encourage one-way communication

D) hobbies.

E) A and b

Q4) The negotiation process has three, and possibly four, steps: plan, negotiations, possibly a postponement, and an agreement or no agreement.

A)True

B)False

Q5) Is power good or bad for organizations?

Q6) Write a one-minute self-sell.

Q7) What are the seven types of power?

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Q8) State two or three of your accomplishments and a networking goal.

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Page 8

Chapter 6: Coaching, Communication, and Conflict Skills

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190 Verified Questions

190 Flashcards

Source URL: https://quizplus.com/quiz/21070

Sample Questions

Q1) The leader says, "If you put the stack on this side, customers can more easily pick them up." Which type of statement is this?

A) criticism

B) coaching feedback

Q2) The performance formula explains performance as a function of ability, motivation, and skills.

A)True

B)False

Q3) Which of the following is true about criticism?

A) It is generally effective in getting people to change their behavior.

B) It is a judgment of whether the person is right or wrong.

C) Placing blame, embarrassment, and focusing on the person are types of criticism.

D) The more criticism that employees receive the more defensive they become.

Q4) What is 360-degree feedback, and are many organizations using it?

Q5) List the steps in the initiating conflict resolution model.

Q6) The BCF model describes a conflict in terms of beliefs, consequences, and feelings.

A)True B)False

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Chapter 7: Follower-ship and Leader Member Exchange

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180 Verified Questions

180 Flashcards

Source URL: https://quizplus.com/quiz/21071

Sample Questions

Q1) Delegating refers to telling employees to perform the tasks that are part of their job design.

A)True

B)False

Q2) Today's workers are far more educated, mobile, diverse, and younger than the workforce of 20 years ago.

A)True

B)False

Q3) When challenging a leader's flawed plans and proposals, it is important for the follower to pinpoint specifics rather than vague generalities.

A)True

B)False

Q4) Which of the following has resulted from the higher educational level of the work environment?

A) an increasing proportion of workers in out-groups

B) a preference for a more decentralized, participative style of management

C) more employees with an external locus of control

D) a decreasing need for delegation

Q5) What are some of the benefits of delegating?

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Chapter 8: Self-Managed Teams and Team Leadership

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188 Verified Questions

188 Flashcards

Source URL: https://quizplus.com/quiz/21072

Sample Questions

Q1) Our team seems to always be in a state of flux because no one seems to know what they are doing. Which of the following guidelines for SMT effectiveness is missing in this situation?

A) top management support and commitment

B) unambiguous goals and objectives

C) appropriate compensation structure

D) appropriate task design and measurement system

E) appropriate scope of authority

F) adequate information system

G) strong and experienced facilitator

Q2) Social loafing is likely to result when:

A) teams are extremely cohesive.

B) individual effort is not recognized and assessed.

C) there is a lack of motivation within the team.

D) individual-level performance appraisal occurs.

Q3) Self-managed teams are usually cross-functional in membership makeup.

A)True

B)False

Q4) Briefly discuss some of the potential benefits and drawbacks of using self-managed teams.

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Chapter 9: Transformational and Charismatic Leadership

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158 Verified Questions

158 Flashcards

Source URL: https://quizplus.com/quiz/21073

Sample Questions

Q1) Describe the characteristics that distinguish charismatic from noncharismatic leaders.

Q2) Explain the difference between transformational and transactional leadership.

Q3) Transformational leaders are viewed as visionaries while transactional leaders are viewed as task and reward oriented.

A)True

B)False

Q4) Which of the following statements about noncharismatic leaders is NOT true?

A) Noncharismatic leaders essentially agree with the status quo and strive to maintain it.

B) The behavior of the noncharismatic leader is seen as standard and conforming to existing norms.

C) The noncharismatic leader's expertise lies in using available or conventional means to achieve existing goals.

D) a, b, and c

Q5) Transformational leadership focuses largely on follower attributions rather than on the leader's vision.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 12

Chapter 10: Leadership of Ethics, Diversity, and Culture

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151 Verified Questions

151 Flashcards

Source URL: https://quizplus.com/quiz/21074

Sample Questions

Q1) Identify and briefly explain which of the ten leadership actions for shaping culture have been used by a leader where you work or have worked.

Q2) Culture defines the organization's essential purpose.

A)True

B)False

Q3) A strong culture is one that offers a flexible values system that encourages employees' freedom of expression through a variety of behaviors.

A)True

B)False

Q4) Employees learn what is valued most in an organization by watching what attitudes and behaviors leaders pay attention to and reward and whether the leaders' own behavior matches the espoused values.

A)True

B)False

Q5) A cooperative culture is the best organizational culture that a company can have. A)True

B)False

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Chapter 11: Change Management and Strategic Leadership

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156 Verified Questions

156 Flashcards

Source URL: https://quizplus.com/quiz/21075

Sample Questions

Q1) Executive intuition is the instinctive ability to identify weak signals in the environment and respond without the benefit of concrete facts and information.

A)True

B)False

Q2) "We intend to become the state's number 1 high-school basketball team this year." This statement is best described by which part of the strategic management process?

A) analyze the environment

B) vision

C) mission

D) goal

E) strategy

F) value

G) core competence

Q3) Based on the business you selected to start in Skill-Development Exercise 1, develop a vision statement for your business.

Q4) Environmental scanning is the first step in the strategic management process.

A)True

B)False

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Page 14

Chapter 12: The Learning Organization and Crisis Leadership

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130 Verified Questions

130 Flashcards

Source URL: https://quizplus.com/quiz/21076

Sample Questions

Q1) It is generally believed that it does make a difference whether the company representative or spokesperson is a senior-level manager or someone at a lower level of responsibility.

A)True

B)False

Q2) The traditional organization fosters competition among individuals.

A)True

B)False

Q3) Emerging trends in the current business environment that make crisis management especially important among the skills of leadership include:

A) technological advances.

B) the economic downturn.

C) the overall desirability of learning about risk matrices.

D) all of the answers are correct

Q4) Describe the role of leadership in creating a learning organization.

Q5) SWOT analysis is used in the risk reduction step in the risk assessment process.

A)True

B)False

Q6) Describe the role of leadership in creating a learning organization.

Q7) Describe the role of the CEO and communication in managing a crisis. Page 15

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