4 Written questions
3 Multiple choice questions
- is taking entrepreneurial actions using a strategic perspective.
- a process in which firms creatively discover and exploit opportunities that are outside their domestic markets in order to develop a competitive advantage.
- the process by which individuals, teams, or organizations identify and pursue entrepreneurial opportunities without being immediately constrained by the resources they currently control.
3 True/False questions
Entrepreneurial mind-set → a person who values uncertainty in the marketplace and seeks to continuously identify opportunities with the potential to lead to important innovations.
Imitation → is the adoption of a similar innovation by different firms.
Invention → is the adoption of a similar innovation by different firms.