Which of the following statements about virtual instant global entrepreneurship (VIGE) is false?
A. VIGE depends on using Web sites like eBay for products to quickly establish a global presence.
B. Many VIGE sites offer procedures, services, and Web page templates which incorporate best practices for global trading.
C. The VIGE approach produces large numbers of smaller-scale exporters.
D. VIGE sites replace institutional procedures with personal contacts to help even the smallest small businesses go global.
Answer: D
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ETR Chapter 1
- In order to start "For Kidz" successfully, Jamie needs all of the following elements to come together EXCEPT
- Jamie should be aware that all of the following are myths about a small business EXCEPT
- Given that "For Kidz" will be a small business in a rural area, which of the following characteristics would be true?
- If Jamie gets "For Kidz" up and running, he could be described as all of the following EXCEPT
- Where can Jamie go to get some help with his business idea?
- This is the degree of attention your target market pays to your idea or organization.
- Social entrepreneurship
- Which of the following best describes a corporate form of entrepreneurship?
- Identify the type of entrepreneurship which concentrates typically on innovation and customer-focus.
- Public entrepreneurship
- The entrepreneurial focus which looks at a new thing or a new way of doing things is
- The entrepreneurial focus which refers to doing the most work with the fewest resources is
- The form of entrepreneurship in which a person or group own their own for-profit business is
- Which aspect of entrepreneurship refers to being in-tune with one's market?
- Entrepreneurship levels in countries such as Germany, Israel, the Republic of Korea, and the United States average the lowest of the
- Innovation-driven economies
- A nation where industrialization is becoming the major force providing jobs, revenues and taxes, and where minimizing costs while maximizing productivity is a major goal is a(n)
- A nation where the major forces for jobs, revenues and taxes come from farming or extractive industries like forestry, mining, or oil production is a(n)
- According to the U.S. Small Business Administration, small businesses generate _____ the number of patents per employee than big businesses.
- Mandarin is a restaurant which has opened recently. People from all over town flock to Mandarin to find out how good it is. This gives a big boost to the restaurant's initial business. But it causes the other restaurants in the area to lose business temporarily. The way in which Mandarin hurts existing restaurants is an example of
- The way newly created goods, services, or firms can hurt existing goods, services, or firms refers to
- The sequence or organization of jobs and careers in the economy refers to
- According to the latest statistics, small businesses have created _____ percent of the new jobs.
- The BRIE model can help an individual deal with one of the biggest hurdles in starting a business, which is