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Mixed Quiz
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1

Market size and the length of the window of opportunity determine business venture risks and rewards.
A)True
B)False
2

The organizational structure is formalized and hierarchical in nature in the entrepreneurial domain.
A)True
B)False
3

The inherent resistance to flexibility and diversification within large organizations can be overcome by developing entrepreneurship within the firm.
A)True
B)False
4

Managers have a long-run time orientation, while entrepreneurs have a short-run orientation.
A)True
B)False
5

For intrapreneurial ventures to be successful, the intrapreneurs should have no authority over expenditures and limited access to funds.
A)True
B)False
6

An opportunity assessment plan:
A)should focus on the entire plan.
B)is longer than a business plan.
C)provides the basis for making the decision.
D)all the above are true.
7

What type of organizational structure does an entrepreneur employ?
A)A formal structure
B)A hierarchical structure
C)A structure based on management theory
D)none of the above
8

The typical ____________ culture has a climate and reward system that favor conservative decision making.
A)entrepreneurial
B)intrapreneurial
C)corporate
D)both A and B
9

Which of the following statements about the intrepreneurial climate is (are) true?
A)Trial and error are discouraged.
B)Resources of the firm need to be available and easily accessible.
C)A multidisciplinary approach is discouraged.
D)All of the above are true.
10

__________________ makes formation of new ventures within a corporate structure difficult.
A)Lack of intrapreneurial talent
B)Lack of freedom to make autonomous decisions
C)Lack of market opportunity
D)All of the above





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