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All Pop Quizzes Ent 2113 | 100% Correct | Verified | 2024 Version, Exams of Entrepreneurship

Hawaii Pacific University (HPU)Entrepreneurship

Entrepreneurship is a guaranteed path to economic success. - ✔✔False The Income Statement is one of the Financial Statements that also include... - ✔✔Balance Sheet and Cashflow Statement Profits = - ✔✔Revenues minus Expenses All entrepreneurial ventures are high tech/high growth. - ✔✔False "Family Buisness" is synonymous with "Family Office." - ✔✔False Entrepreneurship involves the i

Typology: Exams

2023/2024

Available from 08/05/2024

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All Pop Quizzes Ent 2113 | 100% Correct
| Verified | 2024 Version
Entrepreneurship is a guaranteed path to economic success. - ✔✔False
The Income Statement is one of the Financial Statements that also include... - ✔✔Balance Sheet and
Cashflow Statement
Profits = - ✔✔Revenues minus Expenses
All entrepreneurial ventures are high tech/high growth. - ✔✔False
"Family Buisness" is synonymous with "Family Office." - ✔✔False
Entrepreneurship involves the intersection of at least two separate disciplines. - ✔✔True
According to Dr. Tom Lumpkin, "Being Entrepreneurial" includes _______ - ✔✔Innovativeness,
Proactiveness, Autonomy, Risk Taking, and Competitive
We can learn a great deal by reading about those that have come before us...both positive AND negative.
- ✔✔True
Brand/Status does not contribute value as defined by the Buisness Model Canvas. - ✔✔False
The Income Statement includes the each of the following: - ✔✔Revenues, Expenses & Profits
The Lean LaunchPad Business Model Canvas is a guaranteed methodology for entrepreneurial success. -
✔✔False
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Download All Pop Quizzes Ent 2113 | 100% Correct | Verified | 2024 Version and more Exams Entrepreneurship in PDF only on Docsity!

All Pop Quizzes Ent 2113 | 100% Correct

| Verified | 2024 Version

Entrepreneurship is a guaranteed path to economic success. - ✔✔False The Income Statement is one of the Financial Statements that also include... - ✔✔Balance Sheet and Cashflow Statement Profits = - ✔✔Revenues minus Expenses All entrepreneurial ventures are high tech/high growth. - ✔✔False "Family Buisness" is synonymous with "Family Office." - ✔✔False Entrepreneurship involves the intersection of at least two separate disciplines. - ✔✔True According to Dr. Tom Lumpkin, "Being Entrepreneurial" includes _______ - ✔✔Innovativeness, Proactiveness, Autonomy, Risk Taking, and Competitive We can learn a great deal by reading about those that have come before us...both positive AND negative.

  • ✔✔True Brand/Status does not contribute value as defined by the Buisness Model Canvas. - ✔✔False The Income Statement includes the each of the following: - ✔✔Revenues, Expenses & Profits The Lean LaunchPad Business Model Canvas is a guaranteed methodology for entrepreneurial success. - ✔✔False

The Value Proposition in the Business Model Canvas consists of these two elements: - ✔✔Pain and Solution Statement The Business Plan, the Venture Concept Statement and the Buisness Model Canvas are the three tools for entrepreneurs discussed in this course. - ✔✔true It is quite easy for new ventures to secure debt financing. Therefore, many early stage companies use debt as their primary financing mechanism. - ✔✔false Customer Relationships as described by the Lean LaunchPad Business Model Canvas methodology can be remembered by the words ________, _________, and _________. - ✔✔get, keep, grow Utilizing the Value Proposition limits the entrepreneur in her ability to craft solutions. - ✔✔false The Value Proposition consists of the _______ Statements. - ✔✔pain and solution The Lean LaunchPad Business Model Canvas is Professor Bolen's preferred tool for entrepreneurs. - ✔✔true The Guest Lecturer on Social Entrepreneurship was _____________. - ✔✔Dr. Stella Seyb The Four Areas of Focus on the Business Model Canvas for this course are: - ✔✔Value Proposition, Customer Segments, Channels & Customer Relationships The Sole Proprietorship is the most complicated of business entities. - ✔✔false Among the business entities discussed in this course, the one that offers the most flexibility for the entrepreneur is the ________________. - ✔✔Limited Partnership The two issues that are of most importance when choosing a business entity are liability and taxation. - ✔✔true

According to the Lean LaunchPad/Business Model Canvas methodology, the Customer Relationships section can best be described as Get, ________, and Grow your customers. - ✔✔keep In this course, we have focused upon the "upper right quadrant" of the Business Model Canvas. The four sections in this quadrant are __________________________________________. - ✔✔Value Proposition, Customer Segments, Channels, and Customer Relationships During the semester, we have regularly discussed the DJIA. The "DJIA" stands for the Dow Jones Institutional Average. - ✔✔false Professor Bolen has regularly stated that entrepreneurship is an "easier" path than traditional employment. - ✔✔false Failure in entrepreneurship is always seen as a negative. - ✔✔false Crowdfunding has now become, in a limited way, a mechanism for an entrepreneur to raise capital for their entity...not simply their project. - ✔✔true In a typical Venture Capital Fund structure, the Managment Fee is typically described as "2 and ___." - ✔✔ 20 The Initial Public Offering or "IPO" of a corporation is a fairly straightforward mechanism requiring little outside assistance for the entrepreneur. - ✔✔false The US regulatory body that oversees the sale of a corporation's shares is the _______________. - ✔✔SEC