Stokes Entrepreneurship

Entrepreneurship only really came to prominence in the 20th century.
1. True
2. False
Which of the following do NOT regularly feature in definitions of entrepreneurship:
1. The environment in which the phenomenon occurs.
2. Adding value for the individual and society.
3. Being characteristic of advanced economies only.
4. Opportunities identified and exploited.
Which of the following BEST describes entrepreneurship:
1. The process by which individuals pursue opportunities without regard to the resources they currently control.
2. The process by which individuals pursue opportunities with regard to the resources they currently control.
There is a big difference between the concepts of entrepreneurship, entrepreneurial behaviours, and the entrepreneur.
1. True
2. False
Entrepreneurship can only be understood within a competitive market context.
1. True
2. False
Which of the following are NOT considered determinants of national entrepreneurship?
1. Regulatory framework
2. Culture
3. Market conditions
4. Economic growth
The nascent entrepreneur is:
1. someone who is thinking about being an entrepreneur.
2. someone who has been involved in a business start-up.
3. someone who initiates serious activities that are intended to culminate in a viable business start-up.
4. someone who is likely to be involved in a new business start-up in the future.
The functional perspective is concerned with discussing the cultural and social functions of entrepreneurship.
1. True
2. False
Which of the following is not generally considered to be an ‘entrepreneurial value’?
1. strong sense of dependence
2. self made/self belief
3. strong sense of ownership
4. strong action orientation
Entrepreneurship is a deliberate, rather than an emergent process.
1. True
2. False

Stokes Entrepreneurship - Chapter 1

Quiz