ELBG 1

1. 1. How does entrepreneurial leadership differ from traditional leadership methods?

• A. It focuses on minimizing risks through strict processes

• B. It avoids decision-making in risky situations

• C. It embraces risk instead of relying only on orderly procedures

• D. It eliminates the need for leadership styles altogether

2. 2. What is entrepreneurial leadership critical for?

• A. Avoiding risks in business

• B. Developing organizational capabilities

• C. Following strict rules and procedures

• D. Reducing the number of resources used

3. 3. After identifying opportunities, what do entrepreneurial leaders do next?

• A. Ignore the risks involved

• B. Configure resources to exploit the opportunities

• C. Replace traditional methods

• D. Minimize organizational processes

4. 4. Motivation and persuasion in entrepreneurial leadership primarily help to

• A. Discourage innovation

• B. Inspire and influence others

• C. Reduce accountability

• D. Avoid delegation of tasks

5. 5. Which trait allows entrepreneurial leaders to recover and continue after setbacks?

• A. Motivation

• B. Persuasion

• C. Adaptability

• D. Resilience

6. 6. Why is leadership central to the growth of entrepreneurial ventures?

• A. Because growth opportunities cannot be identified and exploited without it

• B. Because it eliminates the need for teamwork

• C. Because it reduces the importance of strategies

• D. Because it focuses only on financial outcomes

7. 7. What aspect of the leadership team strongly influences firm strategies and outcomes?

• A. Market competition

• B. Organizational size

• C. External environment only

• D. Values and cognitive profile

8. 8. What shapes mental models the most?

• A. Financial resources

• B. Organizational size

• C. Market competition and government policy

• D. Knowledge and experience

9. 9. Which type of team is best at identifying opportunities

• A. Homogeneous teams with only specialists

• B. Teams combining both specialists and generalists

• C. Teams of only generalists

• D. Teams with minimal prior experience

10. 10. Entrepreneurial firms are skilled at identifying:

• A. Risks to avoid in the market

• B. Ways to minimize resource use

• C. Ways to reduce customer involvement

• D. A fit between available resources and market needs