Free Exam: BDI Unit #1 Test - Short Answer (Fall 2012)
Number of Questions in Test: 7
Number of Questions in Preview: 5
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Entrepreneurship can take many forms. Give 1 example for each of the following forms of entrepreneurial ventures. You cannot use the same example twice: (8 marks)
a) A local company in Cambridge
b) A national company
c) A for-profit business
d) A non-profit
e) Service-oriented
f) Product-oriented
g) Physical
h) Virtual
a) A local company in Cambridge
b) A national company
c) A for-profit business
d) A non-profit
e) Service-oriented
f) Product-oriented
g) Physical
h) Virtual
| Type: | Essay |
| Points: | 8 |
| Randomize answers: | No |
Question 2
Some people would say that RIM is failing right now. Why would they say this? What is the reason for its current struggle (note: the reason RIM is failing is from our list of reasons why entrepreneurs fail). (2)
| Type: | Essay |
| Points: | 2 |
| Randomize answers: | No |
Question 3
a) Define Intrapreneurship (1)
b) Describe an example of intrapreneurship that we discussed in class (2)
b) Describe an example of intrapreneurship that we discussed in class (2)
| Type: | Essay |
| Points: | 3 |
| Randomize answers: | No |
Question 4
In the article "She'll Sell Canadian or She Won't Sell at All" what was the product that the lady trying to sell? Why was she having such a difficult time? (2)
| Type: | Essay |
| Points: | 2 |
| Randomize answers: | No |
Question 5
When deciding on their goals a good entrepreneur will make sure they use the SMART formula. What does SMART stand for? (5)
| Type: | Essay |
| Points: | 5 |
| Randomize answers: | No |