QUESTION $11$Not yet answeredMarked out of $1\mathrm{.}00$Flag questionQuestion textEntrepreneurs identify opportunities, assemble required resources, implement a practical action plan, and harvest the reward in a timely, flexible way falls under:Question $11$Answera.Both of the aboveb.Classical Economic Theories of Entrepreneurshipc.Neo$-$classical Economic Theories of Entrepreneurshipd.Austrian Market Processes Theories of EntrepreneurshipQUESTION $12$Not yet answeredMarked out of $1\mathrm{.}00$Flag questionQuestion textEntrepreneurial spirit is a mindset that embraces critical questioning, innovation, service and continuous improvementQuestion $12$Answera.Falseb.TrueQUESTION $13$Not yet answeredMarked out of $1\mathrm{.}00$Flag questionQuestion textThe notion of new venture creation is primarily explained through the following different perspectives except:Question $13$Answera.Decision Making Perspectiveb.Transcendent$-$based Perspectivec.Institutional Perspectived.Cognitive PerspectiveQUESTION $14$Not yet answeredMarked out of $1\mathrm{.}00$Flag questionQuestion textIn internal LoC, entrepreneurs are in charge of their actions and fortune i$.$e$.$ qualities and conduct of entrepreneurs determine events $($outcomes$)$Question $14$Answera.Trueb.FalseQUESTION $15$Not yet answeredMarked out of $1\mathrm{.}00$Flag questionQuestion textThe relationship between entrepreneurship and small business can logically be attended by considering similarities between the two, differences between the two and role of entrepreneurship on small businessesQuestion $15$Answera.Falseb.TrueQUESTION $16$Not yet answeredMarked out of $1\mathrm{.}00$Flag questionQuestion textThe following are theorists who elucidate concepts of entrepreneurship from psychological perspective:Question $16$Answera.Everett E$.$ Hagen, $1963,$ McCrae & Costa, $1987,$ Winfried Hacker $(1980$s$)$b$.$Alfred Marshal $(1949),$ Julian Rotter $(1954),$ David McLelland $(1967)$c$.$Julian Rotter $(1954),$ David McLelland $(1967),$ Jean Baptiste Say $(1803)$d$.$Everett E$.$ Hagen, $1963,$ McCrae & Costa, $1987,$ Joseph Alois Schumpeter $(1883-1950)$QUESTION $17$Not yet answeredMarked out of $1\mathrm{.}00$Flag questionQuestion textAccording to Entrepreneurial Decision$-$making Approach$/$Strategy$,$ decision$-$making process used by the entrepreneurs is influenced by except:Question $17$Answera.Enterprise modelb.environmental factorsc.individual characteristicsd.organisational contextQUESTION $18$Not yet answeredMarked out of $1\mathrm{.}00$Flag questionQuestion textProducts whose newness is based on improvements of various aspects such as colour, size, composition, and form of existing products fall under:Question $18$Answera.Subject $($Object$)$ of Changeb.Breakthrough Innovationsc.Product innovationd.Incremental InnovationsQUESTION $19$Not yet answeredMarked out of $1\mathrm{.}00$Flag questionQuestion textThe Openness to Experience $($O$),$ Conscientiousness $($C$)($the quality of wishing to do one's work or duty well and thoroughly$),$ Extraversion $($E$)($experience positive emotions and traits$),$ Agreeableness $($A$)$ and Neuroticism $($N$)($emotional stability$)$ areQuestion $19$Answera.predict individuals intention to become an entrepreneur in the futureb.trigger a creative spark that encourages entrepreneurial behaviorsc.distinguish the successful entrepreneur from the unsuccessful oned.different personality traits which make the individuals behave differently in relation to social entrepreneurial intentionQUESTION $20$Not yet answeredMarked out of $1\mathrm{.}00$Flag questionQuestion text$\_\_\_\_\_\_\_\_\_\_\_\_$principally focus on qualities of free trade, competition and specialization; and consider the entrepreneur as a risk taker who deliberately allocates resources to exploit opportunities to maximize the financial returnQuestion $20$Answera.Marshallian theories of Entrepreneurshipb.Both Classical, Neo$-$classical and Marshallian theories of Entrepreneurshipc.Neo$-$classical Economic Theories of Entrepreneurshipd.Classical Economic Theories of EntrepreneurshipJump to$...$