Foundations of Entrepreneurship: Key Concepts, Characteristics, and Strategic Decisions

Introduction to entrepreneurship, business strategies, and decision-making.

Aiden Campbell

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Foundations of Entrepreneurship: Key Concepts, Characteristics, andStrategic Decisions1.Any patents, trademarks , copyright or trade secrets held by the entrepreneur is known asa.Disclosure documentb.Patentc.Intellectual propertyd.None of the mentioned2.The organization will never be able to make the necessary changes without_________a.Top management commitmentb.Employeesc.Workersd.None of the mentioned3.The ways entrepreneurs make decisions.a.Entrepreneurial domain.b.Reverse brain stormingc.Heuristicsd.Reverse brain storming4.A trademark is5.A word, symbol, name or device that a business uses to identify its goods.a.A legal protection for information on foreign products.b.Legal protection for intellectual works.c.Legal protection for a U.S. product exported to another country.6.locus of control isa.a.A feelingb.b.Attitudec.c.Attributed.d.None of the above7.Licensing arrangements havea.a.Low risk process involvedb.b.Easy way to generate incremental incomec.c.Several pitfallsd.d.All of the above8.Personal characteristics to be a successful entrepreneur includesa.a.Understanding environmentb.b.Creating management optionsc.c.Encourage open discussiond.d.All of the above9.International entrepreneurship isa.LicensingFormatted:Bullets and NumberingFormatted:Bullets and NumberingFormatted:Bullets and Numbering

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Entrepreneurship

Foundations of Entrepreneurship: Key Concepts, Characteristics, and Strategic Decisions

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