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ENT530 Ent Mindset

Total questions: 10

Worksheet time: 8mins

Name
Class
Date
1.

For an entrepreneurial opportunities to occur, the situation should involved

a)

provision of new goods.

b)

organization of new methods.

c)

products sold at higher price than the cost of production.

d)

all of the above.

2.

Which of the following does NOT illustrate an example of an entrepreneurial action?

a)

Ali Maidin developed a new type of roti canai called Roti Tik-Tok.

b)

Intan exported popular Malaysian snacks to Korea following series of viral videos.

c)

Connie, sells char-kuay-teow for the past 20 years, and still sells the same dish at her one and only stall.

d)

Harvinder, a chief engineer for Honda, introduced a revolutionary 3-cylinder turbo engine for the Malaysian market.

3.

Entrepreneurial thinking is an individual’s mental processes of overcoming ________ to decide whether a signal represents a(an) __________ for someone.

a)

ignorance; opportunity

b)

ignorance; barrier

c)

challenges; barrier

d)

challenges; opportunity

4.

“The Covid-19 pandemic has halted tourism activities globally. However, OrionCruise -a cruise ship travel operator, provides a ‘cruise to nowhere’ service for customers where its cruise liners go out to sea for several days with no port of call”.


Which entrepreneurial concept that you can relate with OrionCruise’s case?

a)

Bricolage

b)

Causal process

c)

Effectuation process

d)

Self-efficacy

5.

1. In my tutorial video, an example was shown of an Indian hotel exhausting its resources to generate income during the Covid-19 pandemic.


What did the hotel exactly do or offer?

a)

Work-from-Hotel packages

b)

Private family dining experience

c)

Fish farming

d)

Five star video-conferencing

6.

As a fresh graduate with small amount of capital, Hazri still haven’t decided on what type of specialization that he wants to offer for his startup IT service company. He utilizes his photography and graphic designing skills to produce different type of works for various clients. He shall finalize the right specialization once he identifies the one that yields the highest profit margin.


Which type of entrepreneurial thinking process that you can relate with Hazri?

a)

Causal process

b)

Effectuation process

c)

Opportunities thinking

d)

Cognitive thinking

7.

A causal process is a process that starts with ____________ and then _____________ outcomes.

a)

a desired outcome;

focuses on how to achieve the

b)

a desired outcome;

selects among the possible

c)

what one has at hand;

selects among the possible

d)

what one has at hand; f

ocuses on how to achieve the

8.

In my tutorial video, an example of a dish was shown as an analogy to the causal process.


What type of dish was exactly shown?

a)

Tom Yam

b)

Chicken Rendang Crispy

c)

Asam Laksa

d)

Nasi Goreng USA

9.

The effectuation and causal process was popularized by a person named Sarasvathy. She is a(an) ___________.

a)

restaurant owner

b)

Bollywood actress

c)

Indian food chef

d)

professor

10.

Which one of the following is NOT a type of the Cognitive Adaptibility activities?

a)

Connection tasks

b)

Strategic tasks

c)

Reflection tasks

d)

Survival tasks.