Kirsten Küss
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Intrdocution: Entrepreneurship and Management

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Kirsten Küss
Created by Kirsten Küss over 5 years ago
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Entrepreneurship VL1

Question 1 of 14

1

Entrepreneurship includes attributes such as

Select one or more of the following:

  • creativity

  • creating order

  • doing

  • thinking

  • continuity/ stiffness

Explanation

Question 2 of 14

1

Management includes attributes such as

Select one or more of the following:

  • thinking

  • analytical reasoning

  • resource abundance

  • intuition

  • forward/ future orientation

Explanation

Question 3 of 14

1

Effectuation is

Select one of the following:

  • selecting between ends that can be achieved with available means

  • selecting between means to achieve a desired end

Explanation

Question 4 of 14

1

Causation is

Select one of the following:

  • selecting between means to achieve a desired end

  • selecting between ends that can be achieved with available means

Explanation

Question 5 of 14

1

The available means of Effectuation are

Select one of the following:

  • Who am I, What I know, Whom I Know

  • What do I have, What can I do, What I know

  • When will I achieve my goals, How will I get sponsors, Who will help me

Explanation

Question 6 of 14

1

What are the principles of Effectuation

Select one or more of the following:

  • "Bird in Hand" Principle

  • "Affordable Loss" principle

  • "Crazy Quilt" Principle

  • "Lemonade" Principle

  • "Pilot in the Plane" Principle

Explanation

Question 7 of 14

1

The "Bird in Hand" Principle is the first of the principles, it encourages to take action with the means readily available.

Select one of the following:

  • True
  • False

Explanation

Question 8 of 14

1

The “Affordable Loss” Principle is about forming partnerships with people or companies that are willing to make a commitment to jointly creating the future.

Select one of the following:

  • True
  • False

Explanation

Question 9 of 14

1

The “Lemonade” Principle says to embrace surprises that arise from uncertain situations and to remain flexible rather than tethered to existing goals

Select one of the following:

  • True
  • False

Explanation

Question 10 of 14

1

The “Crazy Quilt” Principle is the belief that the future is neither found nor predicted, but rather made

Select one of the following:

  • True
  • False

Explanation

Question 11 of 14

1

The "Pilot in the Plane" Principles the belief that the future is neither found nor predicted, but rather made

Select one of the following:

  • True
  • False

Explanation

Question 12 of 14

1

The fusion of Management and Entrepreneurship can be called "Entrepreneuring" Management or Managing Entrepreneurship

Select one of the following:

  • True
  • False

Explanation

Question 13 of 14

1

Entrepreneurial mindset is reflecting your actions

Select one of the following:

  • True
  • False

Explanation

Question 14 of 14

1

Entrepreneurial doing is reflecting your actions

Select one of the following:

  • True
  • False

Explanation

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