Fred Smith founded what company?

Fred Smith founded what company?

Answer: Fed-Ex

Entrepreneurs exert influence without _______.

Entrepreneurs exert influence without _______.

Answer: formal power.

Entrepreneurs have a ____ need for status and power.

Entrepreneurs have a ____ need for status and power.

A) Low
B) High

Answer: A

Leaders produce ______. Those who lead produce _______.

Leaders produce ______. Those who lead produce _______.

Answer: Leaders produce EMPLOYEES. Those who lead produce OWNERS.

Howard Schultz founded Starbucks.

Howard Schultz founded Starbucks.

Answer: False.

Arthur Blank founded _____.

Arthur Blank founded _____.

Answer: Home Depot

Entrepreneurs are responsible for a large part of our economic growth.

Entrepreneurs are responsible for a large part of our economic growth.

Answer: True

Entrepreneurs view their states, regions, or county as their marketplace.

Entrepreneurs view their states, regions, or county as their marketplace.

Answer: False.

Entrepreneurs follow the old way of cutthroat competition.

Entrepreneurs follow the old way of cutthroat competition.

Answer: False

In a social network there are two major properties, density and centrality.

In a social network there are two major properties, density and centrality.

Answer: True

Role models can include family members as well as industry professionals.

Role models can include family members as well as industry professionals.

Answer: True

Role models are individuals who give psychological support to the entrepreneur especially during the start-up phase.

Role models are individuals who give psychological support to the entrepreneur especially during the start-up phase.

Answer: False

Most entrepreneurs indicate that their most significant venture was not their first one.

Most entrepreneurs indicate that their most significant venture was not their first one.

Answer: True

Dissatisfaction with various aspects of one's job often motivates the launching of a new venture.

Dissatisfaction with various aspects of one's job often motivates the launching of a new venture.

Answer: True

Previous start-up experience is a good predictor of starting subsequent businesses.

Previous start-up experience is a good predictor of starting subsequent businesses.

Answer: True

Research indicates that male entrepreneurs tend to start their first significant venture in their middle 30s, while women entrepreneurs tend to do so in their early 30s.

Research indicates that male entrepreneurs tend to start their first significant venture in their middle 30s, while women entrepreneurs tend to do so in their early 30s.

Answer: False

An entrepreneur is rarely able to start a new business without some form of formal education.

An entrepreneur is rarely able to start a new business without some form of formal education.

Answer: False

Perceived desirability refers to the degree to which an individual has a favorable or unfavorable evaluation of the potential entrepreneurial outcomes.

Perceived desirability refers to the degree to which an individual has a favorable or unfavorable evaluation of the potential entrepreneurial outcomes.

Answer: True

Entrepreneurs have stronger intentions to act when taking action is perceived to be impossible and risky.

Entrepreneurs have stronger intentions to act when taking action is perceived to be impossible and risky.

Answer: False

A reflection task would involve thinking about what strategies should be used to solve a problem.

A reflection task would involve thinking about what strategies should be used to solve a problem.

Answer: False