Positive internal factors a company can draw on to accomplish its mission, goals, and objectives.

=strengths

A clearly defined vision __________ .

=all of the above

which of the following is/are Strategic Management Process?

=All of the above

which of the following is/are aspects of a small company?

=All of the above

Which of the following is/are the Characteristics of Entrepreneurs?

=All of the above

Leaders of innovation has identified the following secrets for Leading Creativity:

=All of the above

Which of the following is/are the Deadly Mistakes of Entrepreneurship?

=All of the above

The aggregation of factors that sets a company apart from its competitors and gives it a unique position
in the market that is superior to its competition.

=competitive advantage

Which of the following is/are the Cultural Diversity of Entrepreneurship?

=All of the above

Which of the following is/are the Benefits of Entrepreneurship?

=All of the above

It is the result of an entrepreneur’s dream of something that does not exist yet and the ability to paint
a compelling picture of that dream for everyone to see.

=vision

One characteristic of entrepreneurs that stands out is __________ .

=Diversity
It involves generating something from nothing.

=Creativity

Entrepreneur can stimulate their own creativity and encourage it among workers by:

=All of the above

It is the ability to create new and useful ideas that solve problems and challenges people face everyday.

=Entrepreneurship

One who creates a new business in the face of risk and uncertainty for the purpose of achieving profit
and growth by identifying opportunities and assembling the necessary resources to capitalize on them.

=entrepreneur

Which of the following is/are the Drawbacks of Entrepreneurship?

=All of the above

It refers to something new or to a change made to an existing product, idea, or field.

=Innovation

Negative external factors that inhibit the firm's ability to accomplish its mission, goals, and objectives.

=threats

Any activity which is undertaken with an intention to earn profit is called __________ .

= business

Entrepreneurs tend to exhibit __________ .

= All of the above

The practice of gathering, organizing, and disseminating the collective wisdom and experience of a
company’s employees for the purpose of strengthening its competitive

= purpose

Most entrepreneurs turn to family members and friends for _________ .

= capital

The barrier/s of creativity is/are the following:

= All of the above

It involves developing a game plan to guide a company as it strives to accomplish its mission, goals ,
and objectives, and to keep it on its desired course.

= strategic management

Positive external factors the company can exploit to accomplish its mission, goals, and objectives.

=opportunities

It is a road map of the actions an entrepreneur draws up to achieve a company’s mission, goals, and
objectives.

=strategy

Negative internal factors that inhibit a company’s ability to accomplish its mission, goals, and
objectives.

= weaknesses

It is a written expression of how the company will reflect an entrepreneur’s values, beliefs, and vision –
more than just “making money.”

=mission