8. When developing creative solutions to modern problems,entrepreneurs musta) go beyond merely using whatever has worked in the pastb) limit the creative process to only profitable venturesc) remember what has worked in the pastd) pay attention to limiting factorsAnswer: A9. Research shows that anyone can learn to be creative. Theproblem isa) many organizations fail to foster an environment thatencourages creativityb) most people never tap into their pools of innate creativityc) most people have never been taught to be creatived) All of the aboveAnswer: D10. A business plan is a written summary ofa) an entrepreneur's proposed business ventureb) a business venture's operational, financial, and marketingdetailsc) the skills and abilities of a business venture's managersd) All of the above 1. Which of the following is not associated with anentrepreneur?a) Making business decisionsb) Organizing resourcesc) Taking risksd) Working for other people.2. Which of the following is most likely to be a characteristicof a successful entrepreneur?a) Disorganizedb) Indecisivec) Irresponsibled) Self-motivated3. Which of the following is a benefit or reward to startingyour own business?a) Emotional stressb) Financial securityc) Independenced) Less time to spend on leisure activities.4. One of the most significant economic developments inrecent business history relates to thea) growth of blue-chip corporationsb) development of Pacific Rim countriesc) entrepreneurial spiritd) additional employment opportunities offered bygovernment institutions5. The recent number of job losses in large corporationscompared to the jobs created by small business has changedthe perception offor launching a new business.a) prestigeb) riskc) financing opportunitiesd) short-term potential6. The profile of an entrepreneur includesa) a desire for responsibility and moderate riskb) confidence in the ability to succeed and determinationc) a high level of energy, a desire for immediate feedbackand a future orientationd) All the aboveAnswer: D7. Creativity often involves creating something from nothing.However, it is more likely to result ina) elaborating on the presentb) putting old things together in new waysc) taking something away to create something simpler orbetterd) All of the aboveAnswer: D

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The world is constantly changing, and entrepreneurs must be able to change with it. They must be…

8. When developing creative solutions to modern problems, entrepreneurs must a) go beyond merely using whatever has worked in the past b) limit the creative process to only profitable ventures c) remember what has worked in the past d) pay attention to limiting factors Answer: A