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4 Written questions

3 Multiple choice questions

  1. a process in which firms creatively discover and exploit opportunities that are outside their domestic markets in order to develop a competitive advantage.
  2. is the process of creating a commercial product from an invention.
  3. is the act of creating or developing a new product or process.

3 True/False questions

  1. Entrepreneursthe process by which individuals, teams, or organizations identify and pursue entrepreneurial opportunities without being immediately constrained by the resources they currently control.

          

  2. Entrepreneurshipthe process by which individuals, teams, or organizations identify and pursue entrepreneurial opportunities without being immediately constrained by the resources they currently control.

          

  3. Entrepreneurial mind-seta person who values uncertainty in the marketplace and seeks to continuously identify opportunities with the potential to lead to important innovations.