Entrepreneurship - Chapter 13
Quiz
Which of the following is NOT likely to be a critical resource for an entrepreneurial team?
- The right knowledge for the task
- Appropriate resources to get the job done
- A nice office in a good location
- Clear team roles
Which of the following is one of Tuckman’s stages in team development?
- Planning
- Norming
- Closing down
- Processing
Which sources of knowledge are likely to be useful to an entrepreneurial team?
- Experience in an enterprise
- Knowledge of a particular function
- Technical education
- All of the above
- None of the above
Larger teams can be difficult because:
- It’s hard to fit everyone in the office
- There are so many communications lines
- There may not be the right skills in the team
- The team might fall apart
Cognitive conflict is:
- Argument about people and their characteristics
- Argument about people and their actions
- Argument about motivation of people
- Argument about ideas and concepts
The resource-based view of strategy holds that:
- Entrepreneurs don’t need resources
- Organisations are bundles of resources
- Entrepreneurial organisations are outward looking
- Entrepreneurs need to analyse the environment carefully
The advantages of virtual teams of e-entrepreneurs include:
- Cost advantages in data testing and transmission
- Restricted freedom of action
- Complexity of cross-team interactions
- Extended working hours
Listening is a key team skill, and involves:
- Talking more than other people
- Ensuring that different personal needs are met in a conversation
- Providing good information
- Working across roles
Which of the following statements do you think is true?
- Entrepreneurs are loners who don’t work in teams
- Entrepreneurs need to work with a closed door
- Entrepreneurs often have partners and teams to work with
- Entrepreneurs have only themselves to rely on
Which is NOT a characteristic of an entrepreneurial team?
- It contains two or more people
- The members have a financial interest in the enterprise
- The members are active participants in enterprise development
- The team doesn’t meet frequently