Quiz 1

Topics: Entrepreneurship, Locus of control, Entrepreneur, Employment / Pages: 4 (442 words) / Published: May 20th, 2014
1. Although PAETEC gives the employee prominence in the mission statement, the customer comes first in its management practices. (Points : 1) True False

Question 2. 2. Judeo-Christian values have traditionally been left in the churches and synagogues and have not entered the marketplace. (Points : 1) True False

Question 3. 3. One study cited in the textbook found entrepreneurs tend to be more narrowly focused on profits and thus less socially responsible than CEOs of large businesses. (Points : 1) True False

Question 4. 4. In most cases, the pressures of environmentalism have contributed to the profitability of small firms. (Points : 1) True False

Question 5. 5. An Internet innovation known as donuts was developed so that Web sites could recognize return visitors and thus generate a customized and personalized response. (Points : 1) True False

Question 6. 6. Employer monitoring of employees’ Internet activities has become so commonplace that it is no longer a subject for debate. (Points : 1) True False

Question 7. 7. Entrepreneurial teams are formed by bringing together two or more persons together who function in the capacity of entrepreneurs. (Points : 1) True False

Question 8. 8. Some estimate that self-employed people are four times more likely to be millionaires than are those who work for others. (Points : 1) True False

Question 9. 9. Winning a table decoration competition was the precipitating event for launching Table Occasions. (Points : 1) True False

Question 10. 10. Chris Mittelsdaedt states that “a healthy dose of worst-case-scenario thinking” helps his business succeed. (Points : 1) True False

Question 11. 11. Small firms are at a great disadvantage when it comes to competing based on customer service. (Points : 1)

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