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95.
One of the following is not a question that should be answered when evaluating the
performance of corporate venturing efforts. Which is it?
96.
A manager whose role is to question the viability of corporate venture projects is known as
a(n)
97.
Whereas ______________ are willing to violate procedures and operate outside normal
channels, ______________ gather hard data and develop a strong case for why a project
should be killed.
98.
Another way to evaluate a corporate venture is in terms of the four criteria from the balanced
scorecard. Which of the following is not one of those criteria?
99.
The costly Motorola global satellite telecom project known as Iridium provides a useful
illustration of the _________. Even though problems with the project existed during the lengthy
development process, Motorola refused to pull the plug. Only after investing 5 billion USD and
years of effort was the project abandoned.
100.
Whereas _________ often emerge as heroes, _________ run the risk of losing status by
opposing popular projects.
101.
Options exist when the owner of the option has _____________ to engage in a transaction.
102.
Real options analysis is most appropriate when
103.
One of the pitfalls of real options analysis is that managers may have an incentive and know-
how to game the system and back-solve a formula to get a proposal approved. This can give
rise to
104.
Real options analysis (ROA) is an investment analysis tool from the field of finance. When
applied to entrepreneurship, it suggests a path that companies can use to manage the _____
associated with launching ______ ventures.
105.
Some of the most common applications of real options are with property and insurance. A real
estate option grants the holder the right to buy or sell a piece of property at an established
price sometime in the future. If the price of the property goes _____, the owner of the option is
likely to buy it. If the market value of the property ______ the strike price, the option holder is
unlikely to execute the purchase.
106.
A strategic decision can contain embedded options, which is a _________ of investments in
which at each stage of the investment there is ______ decision.
107.
Agency theory suggests that as managerial and ___________ interests ___________,
managers will follow the path of their own self-interest.
108.
If managers believe that their abilities can reduce the risks inherent in decision making to a
much greater extent that they actually can, they might demonstrate ______ and trust only their
own judgment rather than conduct sufficient analysis.
109.
A manager might insist that separating a decision into multiple parts will guarantee that the
decisions made will turn out well. In the case of Motorola, the final exit decision came too late
to save the Iridium project in spite of the _________ made at each step in the development of
the program.
110.
Which of the following is not one of the dimensions of entrepreneurial orientation?
111.
Which of the following statements about skunkworks is false?
112.
After 15 teams created 128 different phones, Chris Galvin, former CEO of Motorola, eliminated
the autonomous teams being used to develop new wireless phones. This was necessary
because such teams
113.
Which of the following dimensions of entrepreneurial orientation is described as a forward-
looking perspective characteristic of a marketplace leader that has the foresight to seize
opportunities?
114.
Which of the following dimensions of entrepreneurial orientation is described as an
independent action by an individual or team aimed at bringing forth a business concept or
vision and carrying it through to completion?
115.
One of the following statements about innovativeness is false. Which is it?
116.
According to the text, which of the following is not one of the methods companies can use to
enhance their competitive position via innovativeness?
117.
The benefits gained by firms that are the first to enter new markets, establish brand identity,
and/or adopt new technologies are known as
118.
Amazon was able to define the online bookselling market by entering the market early and
defining the user experience. This is an example of
119.
According to the text, firms that want to enhance their entrepreneurial position by being
competitively aggressive should
120.
One of the following is not a type of risks that executives must address. Which is it?
121.
Which kind of risk taking requires that a company borrow heavily or commit a large portion of
its resources in order to grow?
