McGraw-Hill OnlineMcGraw-Hill Higher EducationLearning Center
Student Centre | Lecturer Centre | Info Centre | HOME

Buy the Book
Learning Outcomes
Multiple Choice Quiz
Multiple Response Quiz

Jacket
Entrepreneurship
David A. Kirby, University of Surrey, UK

Entrepreneurship Defined

Multiple Choice Quiz



1

According to Carland et. al (1984) the entrepreneur is someone who establishes and manages a business
A)to further personal goals
B)for growth and profit
2

Which of the following did Meredith et al (1982) not suggest were attributes of the entrepreneur?
A)Ability to see and evaluate business opportunities
B)Ability to gather the necessary resources to take advantage of them
C)Ability to initiate appropriate action to take advantage of them
D)Ability to take risks.
3

Who likened defining entrepreneurship to hunting the Heffalump?
A)Timmons
B)Kilby
C)Kirby
4

Which of the classical schools of economic thought saw the role of the entrepreneur as a creator of wealth?
A)American
B)Austrian
C)British
D)French
E)German
5

Who was probably the first neo-classical economist to identify an entrepreneurial function in a general equilibrium system other than superintendence?
A)Marshall
B)Knight
C)Von Mises
6

Which of the following is not one of the three primary economic factors of production according to neo-classical economics?
A)Raw material
B)Labour
C)Capital
D)Entrepreneurship
7

Weber's greatest contributions to the study of entrepreneurship resulted from his work on
A)The personal attributes of entrepreneurs
B)Charisma and the Protestant ethic
C)Bureaucracy
D)Cultural values.
8

Lipset (2000) suggests that the differences Latin and North America with respect to entrepreneurship result from
A)Cultural differences
B)Different levels of economic development
C)Differences in the level of crime.
9

What, according to Leadbeater (1997) differentiates the social entrepreneur from the traditional entrepreneur identified in the economic literature?
A)Their concern with long-term capacity building.
B)Their use of resources
C)Their attitude towards profit.
10

What is the role of the intrapreneur?
A)To generate new business for their employers
B)To change the organisations in which they work
C)To ensure that the organisations in which they work are managed as efficiently and profitably as possible.