Entrepreneurial Leadership_1A

Which of the following emphasized the most important thing to a successful entrepreneur?

• Maximization of profit

• Providing satisfaction and fulfillment

• Neglecting employee well-being

• Focusing solely on products

When it comes to business, this character trait should also goes hand in hand with confidence.

• Passion

• Determination

• Courage

• Self-discipline

"It is better to start with a kind of business where you are more knowledgeable and have natural interest for". This core belief of successful entrepreneurs means that they have _________________.

• passion for their field.

• desire and determination to succeed.

• pessimistic attitude.

• focused.

Which is true about a vision statement?

• It is the picture you have for what the venture will become in the future.

• It communicates the organization's reason for being.

• It communicates how the organization aims to serve its key stakeholders.

• It is the summation of the firm's values.

Which of the following is not included in the key roles of mission and vision?

• communicates the purpose of the organization to stakeholders

• inform strategy development

• develop the measurable goals and objectives

• increase employee engagement

Employees, customers, investors, suppliers and institutions are examples of?

• Stockholders

• Shareholders

• Stakeholders

• Stateholders

One attribute of an organizational culture which explains that culture is subliminal in nature as people instinctively recognize and respond to it as a kind of "silent language".

• Culture is shared.

• Culture is pervasive.

• Culture is enduring.

• Culture is implicit.

A type of internal communication which encompasses workplace communications among people, departments, or teams at the same level in an organization.

• Vertical

• Horizontal

• Upward

• Downward

If an employee approaches the manager with an idea, their response would be an example of:

• Downward communication

• Upward communication

• Horizontal communication

• Vertical communication

What type of communication uses professional items such as press releases, sales presentations, and end-of-year reports to communicate information to stakeholders, investors, and traditional media outlets?

• Formal external communication

• Informal external communication

• Formal internal communication

• Informal internal communication