Choose the one word or phrase that best completes the sentence and fill in the appropriate answer above.
1-
Robert W. Price writes that the entrepreneurial life cycle repeats itself in businesses of all sizes, from start-ups in a ......... to corporate entrepreneurship activities in global Fortune 500 companies.
A -
garage
B -
garden
C -
toolbox
D -
trailer
2-
It starts with an entrepreneur who perceives an opportunity, creates an organization to pursue it, assembles the required resources, implements a practical plan, and ......... the risks and the rewards, all in a timely manner for all involved.
A -
assumes
B -
consumes
C -
presumes
D -
resumes
3-
This is the significant difference that ......... entrepreneurial management apart from other business management practices: in almost all cases, the person making the decisions has personal risk at stake.
A -
draws
B -
makes
C -
puts
D -
sets
4-
The worst-case ......... for folks 'at work' is getting fired; the worst case for entrepreneurs is losing their home, personal credit, and lifestyle, as well as the destruction of family relationships.
A -
imbroglio
B -
intaglio
C -
portfolio
D -
scenario
5-
We define entrepreneurial management as the practice of taking entrepreneurial knowledge and utilizing it for increasing the effectiveness of new business ......... as well as operating small- and medium-sized businesses.
A -
instigating
B -
invigorating
C -
venturing
D -
verifying
6-
The heart of entrepreneurial management is continually ......... these vital management issues: the mission and values statement, the goals and objectives, growth strategy, people and resources, organizational capabilities, financing strategy, and its vision of success.
A -
belaying
B -
bobbling
C -
jousting
D -
juggling
7-
These vital management issues and activities play ......... in what we call the entrepreneurial life cycle.
A -
about
B -
on
C -
out
D -
through
8-
It was once said that entrepreneurship is a lot like driving fast on an icy road, but we prefer to think of entrepreneurship as less ......... and more methodical.
A -
feckless
B -
intuitive
C -
prohibitive
D -
reckless
9-
Entrepreneurship is a continual problem-solving process; it is like putting together a huge ......... puzzle; at first pieces will seem to be missing, obscure, or not clearly recognizable.
A -
anacrostic
B -
crossword
C -
jigsaw
D -
sudoku
10-
Size, profitability, commitment, complexity, scale of organizational structure, decrease in risk, increase in value, and decrease in ......... involvement characterize each stage of the entrepreneurial life cycle.