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During the past ten years, there were approximately how many business incorporations per year?
Since the new century the US has had an annual new firm birth rate of
14-16 per 100 existing establishments
In the evolutionary process of economic growth,_____ plays the crucial and indispensable role of providing the "social glue" that binds together both high-tech and "Main Street" activities
Entrepreneurs and gazelles have been credited with making disproportionate contributions to all but which of the following
Which of the following statements best describes a "gazelle"
a business with at least 20% growth every year
Which economist associated the "risk bearing" activity in the economy with the entrepreneur
Which is a key factor in successful entrepreneurship
minimizing problems through careful strategy formulation
Robert C. Ronstadt put together a summary definition of entrepreneur that included which of the following key phrases
the dynamic process of creating invremental wealth
In the present century, which of the following is entrepreneurship considered synonymous with
Throughout the years, many myths have arisen about entrepreneurship as a result of
a lack of research about entrepreneurship
The "corridor principle" is best described by which of the following statements
if at first you don't succeed, try, try, again
Money is necessary but not sufficient for entrepreneurs to survive because
lack of preparation and planning can be a main source of failure
Which of the following is not a common myth about entrepreneurs
entrepreneurs today are considered heroes
Which of the following statements is true
Entrepreneurship is the ability to create and build a vision from practically nothing
Which of the following economists wrote about entrepreneurship and its impact on economic development
In our present century, entrepreneurship has become synonymous or closely linked with
free enterprise and capitalism
Michael Gerber has written a book titled, "The E-Myth" where he contends
today's business owners are not true entrepreneurs
Michael Gerber's book "The E-Myth" explains the failure of most small businesses is due to
owners being more technicians rather than entrepreneurs
When referring to "luck" and an entrepreneur, which of the following statements in an appropriate adage
luck happens when preparation meets opportunity
The statement, "with every new venture launched, new and uninteded opportunities often arise," would be associated with
the corridor principle
Entrepreneurs themselves perceive the concept of risk in which of the following ways
calculated risk taking
In the study of contemporary entrepreneurship, one concept reoccurs
entrepreneurship is interdisciplinary
Entrepreneurs are more accurately depicted by which of the following
entrepreneurs are calculated risk takers
Which of the following schools of thought is NOT a micro view school of thought
the displacement school of thought
The macro view can be broken down into which three areas
the environmental, financial, and displacement
The displacement school of thought can be divided into which three groups
economic, cultural, and political
The micro view is divided into which three theories
the venture opportunity theory, entrepreneurial, strategic
The Entrepreneurial Assessment Approach stressed that assessments must be made_____ in regard to the entrepreneur, the venture, and the environment
qualitatevly and quantitatively, & strategically and ethically
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