12/9/21, 11:52 PM MGT 368.

11 (Quiz 1)

MGT 368.11 (Quiz 1) Total points 6/10

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0 of 0 points

ID *

1811446030

Name *

Nahiyan Muakhkher

Choose the best answer: 6 of 10 points

When an entrepreneur tries to exploit a new opportunity by utilizing existing 1/1

assets, he/she is thinking for a Bricolage. *

True

False

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12/9/21, 11:52 PM MGT 368.11 (Quiz 1)

When the stimulant Caffeine is used in the medical industry for treating 1/1
headache, it’s called: *

structural similarities

basic similarities

superficial similarities

artificial similarity

"Ventures built within the corporate boundary will require an organic 0/1
organizational structure to flourish" *

True

False

When the technology is old but you are introducing it to a totally new market, 1/1
what strategic decision should be made from the Firm's viewpoint? *

reformation of the product

replacement of the existing product

introduction of a new usage of the product

extension of product life

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12/9/21, 11:52 PM MGT 368.11 (Quiz 1)

"When an entrepreneur overestimates his/her capabilities and exploits a new 0/1

opportunity, it’s called error of commission." *

True

False

Mr. X is trying to generate ideas for a new venture. So, he arranges a 0/1
discussion where he does not mention what type of need he is trying to fulfill
but discusses topics related to the need. Which method is this? *

Brainstorming

Gordon

Reverse Brainstorming

Free Association

Which of the following will extend lead-time for first-movers? * 0/1

low switching cost

high brand loyalty

relying on existing market

Standardization of product

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12/9/21, 11:52 PM MGT 368.11 (Quiz 1)

"Corporate Entrepreneurship might create a sense of career risk among the 1/1
employees" *

True

False

"More than 20% of the start-ups have stopped their operations completely 1/1
due to Covid-19 in Bangladesh" *

True

False

Aron wants to sell cookies. So, he plans to collect resources he needs to 1/1
execute this business idea. What type of thinking is this? *

Cognitive

Effectuation

Causal

Relational

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