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Entrepreneurial

CHAPTER 2: THE ENTREPRENEURIAL MINDSET IN INDIVIDUALS

TRUE/FALSE

1. Entrepreneurs are pessimists who see the cup half empty, rather than half full.

ANS: PTS: 1
NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 29

2. Good entrepreneurs seek feedback from others.

ANS: PTS: 1
NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 31

3. Commitment, determination, and perseverance are the only characteristics one needs to become a successful entrepreneur.

ANS: PTS: 1
NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 30

4. Entrepreneurs are fiercely independent but understand the need for a strong entrepreneurial team.

ANS: PTS: 1
NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 36

5. There are four causes of entrepreneurial stress.

ANS: PTS: 1
NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 40

6. The entrepreneur is driven by a strong desire for control over their venture.

ANS: PTS: 1
NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 42

7. Entrepreneurs are often unrealistically optimistic.

ANS: PTS: 1
NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 44

MULTIPLE CHOICE

8. Which is not a source of entrepreneurship research?
|a. |textbooks |c. |conferences |
|b. |biographies |d. |water cooler conversation |

ANS: PTS: 1
NAT: AACSB Reflective Thinking | Motivation Concepts KEY: pg 29

9. Which of the following is not a trait of successful entrepreneurs?
|a. |initiative |c. |perseverance |
|b. |frustration |d. |strategic thinking |

ANS: PTS: 1
NAT: AACSB Reflective Thinking | Motivation Concepts

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