Which of the following is an accurate characterization of interest in entrepreneurship?

Entrepreneurship: Successfully Launching New Ventures, 6e(Barringer/Ireland)Chapter 1Introduction to Entrepreneurship1) One of the businesses owned by Kirsten Blowers, the entrepreneur profiled in the openingfeature of Chapter 1, is Riffraff. Riffraff sells ________.A) refurbished furnitureB) clothingC) jewelryD) booksE) t-shirtsAnswer:ADiff: 1

LO:1.1: Describe entrepreneurship, corporate entrepreneurship, and the characteristics ofentrepreneurial firms.AACSB:Reflective ThinkingQuest. Category:Critical Thinking2) Which of the following is an accurate characterization of interest in entrepreneurship?E

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Diff: 1LO:1.1: Describe entrepreneurship, corporate entrepreneurship, and the characteristics ofentrepreneurial firms.AACSB:Application of KnowledgeQuest. Category:Application3) According to the Global Entrepreneurship Monitor (GEM) 2015-2016 survey, about________ percent of adults in the United States are either starting a business or are running abusiness that has been in existence for less than 3 1/2 years.EDiff: 3

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LO:1.1: Describe entrepreneurship, corporate entrepreneurship, and the characteristics ofentrepreneurial firms.AACSB:Application of KnowledgeQuest. Category:Application4) According to the Global Entrepreneurship Monitor (GEM) 2015-2016 study, the majority of

Introduction to Entrepreneurship–Tutorial 21.Which of the following is an accurate characterization of interest inentrepreneurship?A.There is minimal interest in entrepreneurship across the world.B.There is minimal interest in entrepreneurship in North America and Europe, butsignificant interest in Asia and Australia.C.There is significant interest in entrepreneurship in North America and Europe, butminimal interest in Asia and Australia.D.While interest in entrepreneurship was once high, it is warning in popularity acrossthe world.E.There is tremendous interest in entrepreneurship across the world.

2.According to the Global Entrepreneurship Monitor (GEM) 2013 study, the majority ofpeople in high-income countries are drawn to entrepreneurship______.

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Entrepreneurship: Successfully Launching New Ventures, 5e (Barringer/Ireland)

Chapter 1 Introduction to Entrepreneurship

1) Pure Fix Cycles, the company profiled in the opening feature of Chapter 1, was launched by

four co-founders and sells ________.

A) fixed gear, single speed bikes

B) entry level bikes that sell in the $100 price range

C) bikes the are durable enough that they almost never need to be fixed

D) high quality bikes that sell in the $1,000+ price range

E) multiple gear, multiple speed bikes

Answer: A

Diff: 1 Page Ref: 3

LO: 1.1: Describe entrepreneurship, corporate entrepreneurship, and the characteristics of

entrepreneurial firms.

AACSB: Reflective Thinking

2) Which of the following is an accurate characterization of interest in entrepreneurship?

A) There is minimal interest in entrepreneurship across the world.

B) There is minimal interest in entrepreneurship in North America and Europe, but significant

interest in Asia and Australia.

C) There is significant interest in entrepreneurship in North America and Europe, but minimal

interest in Asia and Australia.

D) While interest in entrepreneurship was once high, it is waning in popularity across the world.

E) There is tremendous interest in entrepreneurship across the world.

Answer: E

Diff: 1 Page Ref: 3

LO: 1.1: Describe entrepreneurship, corporate entrepreneurship, and the characteristics of

entrepreneurial firms.

AACSB: Application of Knowledge

3) According to the Global Entrepreneurship Monitor (GEM) 2013 survey, about ________

percent of adults in the United States are either starting a business or are running a business that

has been in existence for less than 3 1/2 years.

A) 3.8

B) 5.5

C) 7.6

D) 9.0

E) 12.7

Answer: E

Diff: 3 Page Ref: 5

LO: 1.1: Describe entrepreneurship, corporate entrepreneurship, and the characteristics of

entrepreneurial firms.

AACSB: Application of Knowledge

1

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