IE-Reviewer Part2

Question 1

21. At what stage does a business face competition with larger companies and possibly enter the stock exchange?

Accepted Answer

3

Question 2

22. What is the primary role of an entrepreneur?

Accepted Answer

1

Question 3

23. A core element of the entrepreneurial mindset is:

Accepted Answer

2

Question 4

24. A "disruptive innovation" is characterized by:

Accepted Answer

1

Question 5

25. How does political stability affect entrepreneurship?

Accepted Answer

0

Question 6

26. In the innovation process, “idea validation” primarily involves:

Accepted Answer

1

Question 7

27. Which of the following is NOT typically considered a primary source of innovation?

Accepted Answer

2

Question 8

28. During which phase do entrepreneurs focus on launching the product, acquiring customers, and building brand awareness?

Accepted Answer

2

Question 9

29. In which stage does a business focus on brand building and securing initial customers?

Accepted Answer

1

Question 10

30. According to Schumpeter, what is the primary driver of economic development?

Accepted Answer

2

Question 11

31. It is a pattern of thinking or behavior of one or more group of individuals.

Accepted Answer

1

Question 12

32. A type of mindset that see’s individual activities as innate or inborn traits and sees failure as lack of basic skills needed.

Accepted Answer

3

Question 13

33. The capacity to gain an accurate and deep intuitive understanding of a person or thing.

Accepted Answer

0

Question 14

34. A mindset that drives or prevent a person from fulfilling his potential.

Accepted Answer

3

Question 15

35. A type of mindset who value learning and growth and react to adversity with increased change efforts, strategies and resiliency.  The more a person is able to thinkdeep,thebrain expands&thevolume

Accepted Answer

0

Question 16

36. Known also as the paleolithic age, came with the appearance of homo habilis where early humans lived.

Accepted Answer

0

Question 17

37. Known as the second wave of entrepreneurial innovation.

Accepted Answer

2

Question 18

38. Known as the third wave of entrepreneurial innovation.

Accepted Answer

3

Question 19

39. Missing?

Accepted Answer

2

Question 20

40. An English inventor and a leading entrepreneur invented cotton

Accepted Answer

0