1ST PART QUIZ

What among the following DO NOT contribute to Start-up failure?

• Not the right team

• Ran out of cash

• No market need

• Great marketing

Answer explanation

Which of the following is an advantage of heterogeneity within a founder team?

• Fast affective conflicts

• Comprehensive knowledge

• Dysfunctional effect

• Time consuming building of trust

Answer explanation

According to the Belbin’s test who among the following option is a cerebral-oriented personality?

• Shaper

• Specialist

• Coordinator

• Resource Investigator

Answer explanation

Which of the following is not a characteristic of the Hustler?

• Sets the pace

• Doer

• Defined by attitude

• Company spirit

Answer explanation

In a successful team, there can’t be shared roles

• TRUE

• FALSE

Answer explanation

Which of the following is not an external stakeholder in a start-up?

• CUSTOMER

• SHAREHOLDER

• EMPLOYEE

• SUPPLIER

Answer explanation

Leadership is the power of influencing others

• TRUE

• FALSE

Answer explanation

While leaders rather rely on their employees' existing skills, managers grow their personalities and coach them.

• TRUE

• FALSE

Answer explanation

How many of the following are among Entrepreneurial Principles?

-Partnerships

-Means oriented

-Affordable loss

-Leveraging contingencies

• 1

• 2

• 3

• 4

Answer explanation

Entrepreneurs who rely on Effectual thinking will set specific goals

• TRUE

• FALSE

Answer explanation