The '303 S & NVM' quiz assesses knowledge on entrepreneurship, focusing on the nature of entrepreneurial ventures, the role of intrapreneurs, and the importance of innovation in small businesses. It is designed to evaluate understanding of entrepreneurial management and opportunities for innovation.
There is less risk.
There is less time and effort is required.
There is a possibility of buying at a bargain price
All of the above
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Strengths
Opportunities
Weaknesses
Threats
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They apply innovative ideas.
They generally stick to the processes already in use.
They take risks
They are agents of adjustment.
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Clear, realistic financial projections
Detailed market research
Brief summary since the investor is more interested in the details in the business plan.
Proof of vision
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Entrepreneur
Intrapreneur
Enterprise
Social Entrepreneur
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Serendipity approach.
"inside-out" approach
Rational approach
All of the above
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The ability to be creative
The ability to resist change
Vision and leadership
Total quality culture
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Reengineering
Downsizing
Bankruptcy
Expanding
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New concept/new business
Existing concept/new business
Existing concept/existing business
New concept/existing business
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Sole proprietorship
General partnership
Corporation
Limited liability company
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Venture capital
Angel investor
Initial public offering
Business incubator
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Sole proprietorship
General partnership
Corporation
Limited liability company
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Viewing changes as threatening
A need for structured environments
A high need for achievement
All of the above
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Small businesses are independently owned, operated, and financed
Small businesses have fewer than 100 employees.
Small businesses emphasize new or innovative practices
Small businesses have little impact on industry
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The vision should be built on a foundation of the organization's core values and beliefs
The vision should elaborate a purpose for the organization
The vision should include a brief summary of what the organization does
The vision should specify detailed and short-term goals
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New market
Fortune 500 company.
Virtual organization
Micro-enterprise
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Executive summary
Corporate culture differences
Analysis of the opportunity
Analysis of the context
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Managing processes
Managing people
Managing bureaucracy
Managing growth
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Personal interests or hobbies
Work experiences, skills, and abilities
Familiar and unfamiliar products and services
All of the selections are recognized as potential sources of entrepreneurial ideas
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Quiz Review Timeline (Updated): Mar 22, 2023 +
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