Entrepreneurial

CHAPTER 2 THE ENTREPRENEURIAL MINDSET IN INDIVIDUALS TRUE/ trumped-up(prenominal) 1. Entrepreneurs are pessimists who see the cup half empty, rather than half full. autonomic nervous systemPTS1 NATAACSB thoughtful intellection Motivation ConceptsKEYpg 29 2. Good entrepreneurs seek feedback from others. autonomic nervous systemPTS1 NATAACSB Reflective thought process Motivation ConceptsKEYpg 31 3. Commitment, determination, and perseverance are the only characteristics one needs to become a successful entrepreneur. autonomic nervous systemPTS1 NATAACSB Reflective mentation Motivation ConceptsKEYpg 30 4. Entrepreneurs are fiercely independent but understand the need for a strong entrepreneurial team.ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 36 5. There are four causes of entrepreneurial stress. ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 40 6. The entrepreneur is impelled by a strong desire for control over their venture. ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 42 7. Entrepreneurs are often unrealistically optimistic. ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 44 MULTIPLE CHOICE 8. Which is not a source of entrepreneurship research? a. textbooks c. conferences b. biographies d. water cooler conference ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 29 9. Which of the following is not a trait of successful entrepreneurs? a. initiative c. perseverance b. frustration d. strategical thinking ANSPTS1NATAACSB Reflective Thinking Motivation ConceptsKEYpg 30 10. A clear pattern among successful entrepreneurs is a. setting goals that are just out of reach. b. the venerate of failure common to all people. c. their focus on opportunity rather than resources. d. not fitting in to traditional organizations. ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 32 11. Which of the following is not a common characteristic of entrepreneurs? a. vision c. lack of motivational drive b. team building d. independence ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 34 12. If an entrepreneur believes in himself/herself and that their accomplishments and setbacks are within their own control, they possess a (n) . a. confidence level high than most entrepreneurs b. internal locus of control c. cockiness level too high to be an entrepreneur d. high energy level ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 34 13. In the Monroy-Folger Model of Risk Typology, profit-seeking activity is associated with a. strong desire to maximize profit c. strong desire to downplay profit b. weaker desire to maximize profit d. strong desire to maximize sales revenue ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsTOPpg 38 14. The four major causes of entrepreneurial stress are a. loneliness, immersion in business, people, need to achieve. b. people, size of business, need to achieve, fear. c. fear, failure, p ressure, competition. d. drive for success, loneliness, fear, competition. ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 40 15. Entrepreneurs with a sense of distrust a. scan the environment. c. ignore everything. b. examine the business. d. become fearful. ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 42 16. Which of the following is an aspect of the dark side of entrepreneurship? a. a need for control c. both a and b b. a sense of distrust d. bouts of euphoria ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 42 17. Which of the following is not one of the four major traits that characterize the dark side of entrepreneurs? a. an external optimism c. crafty when to take a vacation b. a desire for success d. a sense of distrust ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 42 18. When outcomes meet or exceed expectations, _____________________ is positively reinforced. a. entrepreneurial behavior c. desire for success b. entrepreneurial motivation d. entrepreneurial ego ANSPTS1NATAACSB Reflective Thinking Motivation ConceptsKEYpg 44 19. Which is not a factor in the Model of Entrepreneurial Motivation? a. the entrepreneurs outcomes meet their expectations b. personal goals are met c. death penalty of the entrepreneurial plan meet the entrepreneurs outcome perceptions d. winning awards ANSPTS1 NATAACSB Reflective Thinking Motivation ConceptsKEYpg 45