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Home> Quiz> Quiz General knowledge> Entrepreneurship Revision 1

General knowledge

Home> Quiz> Quiz General knowledge> Entrepreneurship Revision 1

Stars: 1 out of 5 : Good

Good

Classic quiz

Quiz Entrepreneurship Revision 1

Classic quiz

Quiz Entrepreneurship Revision 1

X0xkatex0

145 played - 16 yrs ago

To help with entrepreneurship exam revision!

Stars: 1 out of 5 : Good

Good

Hard

hard

22

QUESTIONS

medium

Question 1 / 22

New venture creation seeks to...

Convert the rawest of ideas into a profitable business

Drive innovation

expert

Question 2 / 22

Wickham believes that. .

Supply side is a classic loop

Creativity is the fundamental raw material that drives innovation

Doing things differently is innovation

medium

Question 3 / 22

Idea's aren't opportunities they are...

The raw material that drives innovation

Basic foundations for opportunities and successful businesses

Formal and informal

hard

Question 4 / 22

Left brained people tend to...

Learn from their mistakes

Be reflective

Be too logical to be creative

hard

Question 5 / 22

3 qualities of right brained people are. .

Look for better ways of doing things, look at both the bigger picture and the detail, and play mental games to stretch their imagination

Creative, rude and look at just the detail

Logical thinkers, only see one way to do things, only look at the bigger picture

expert

Question 6 / 22

Who suggests that creative people tend to specialise in either innovation, invention of adaptation?

Wickham (1976)

Porter (1976)

Kirton (1976)

expert

Question 7 / 22

3 features of an adaptor (Adaptation)

Disciplined, precise and methodological

Low tolerance for routine, refines current practice, discovers problems and solutions

Learns from mistakes, reflective, change custom and routine

hard

Question 8 / 22

3 features of an innovator

Looks from unusual angles, discovers problems and solutions, is outcome orientated

Is sensitive to group cohesion, looks from unusual angles, is means orientated

Has the capacity for detailed work, refines current practice, does not accept current assumptions

expert

Question 9 / 22

What can you do to enhance personal creativity in an INFORMAL setting?

Role play

Travel more widely

Play board games

hard

Question 10 / 22

What can you do to enhance creativity in a Formal setting

Scan newspapers, journals and magazines

Pursue your natual curiosity

Forced association - combining interest areas to identify new ventures

hard

Question 11 / 22

The value chain was developed by...

Porter (1985)

Kirton (1985)

Wickham (1985)

expert

Question 12 / 22

The concept of the value chain was to ...

Show the activities undertaken, rather than the strength of resources

The strength of resources, rather than the activities undertaken

Take and transform basic inputs

hard

Question 13 / 22

Primary activites are...

Activities that come before secondary activities

Concerned with taking and transforming basic inputs so that customers express demand for the resultant output

The first activities in the chain

hard

Question 14 / 22

Supporting activities are...

Support for a business

Activities that support the primary activities

Faciliating mechanisms that help the primary activities by supporting them

expert

Question 15 / 22

Which one IS NOT a primary activity?

Firm infrastructure

Operations

Inbound logistics

expert

Question 16 / 22

Which one IS a supporting activity?

Outbound logistics

Marketing and sales

Technology development

hard

Question 17 / 22

Human resource management is...

A primary activity

A supporting activity

hard

Question 18 / 22

Learning organisations are...

Any organisation that helps to develop or needs up to date information

An organisation that learns

An organisation thats helps employees to learn whilst they work

hard

Question 19 / 22

A champion is. .

Someone who is always developing new technologies

A winner!

Someone who defines/decides what they are going to experiment in an organisation

hard

Question 20 / 22

Learning organisations are flat, adaptive, flexible and. .

Responsive

Innovative

Knowledgeable

hard

Question 21 / 22

A Positive of L. O

Maintaining levels of innovation and remaining competitive

Helps others to learn

No one central authority

hard

Question 22 / 22

A negative of L. O

They develop as they go

Always the risk they cannot learn fast enough in cases of emergencies

They are too flexible

Found a mistake in this quiz? Contact the author

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