Question: 1. Research has uncovered several important differences between managers and entrepreneurs. One of these differences is that A) managers possess a greater need for autonomy

1. Research has uncovered several important

1. Research has uncovered several important differences between managers and entrepreneurs. One of these differences is that A) managers possess a greater need for autonomy than entrepreneurs do. B) entrepreneurs tend to be more agreeable than managers. C) managers tend to have a stronger internal locus of control than managers do. D) managers are more motivated by promotions and organizational perks than entrepreneurs are. E) managers are generally more innovative and creative than entrepreneurs. 2. Rick has met with the Small Business Administration, which analyzed his entrepreneurial skills and provided him with a summary of the results. Out of these findings of the SBA, what might challenge Rick in his quest to become a successful entrepreneur? A) Rick has an external locus of control. B) Rick is comfortable with a moderate level of risk, and he has the confidence to act decisively. C) Rick has a high need for autonomy and wants to shape his own destiny. D) Rick is conscientious and emotionally stable. E) Rick has some tolerance for ambiguity because he knows he is trying to do things that haven't been done before. 3. Marvella has created a high-frequency buzzer that prevents dogs from barking. The moment dogs hear the buzzer's high-pitched squeal, they stop barking. Extensive market testing has shown Marvella that the buzzer works across all breeds and on dogs of all ages. This product can be a lifesaver for people who live in apartment buildings and whose neighbors complain about barking dogs! Marvella should immediately apply for a A) patent. B) copyright. C) trademark D) govemment-sponsored monopoly. E) noncompete clause. 4. What is not a key difference between self-employed people and entrepreneurs? A) When a self-employed person retires or quits, the business generally closes; an entrepreneur's company continues even if the entrepreneur dies or moves on. B) Self-employed people tend to work virtually and avoid taking risks; entrepreneurs tend to take risks, and they think on a global scale. C) The self-employed are experts who do much of the work themselves; entrepreneurs realize they can't do everything themselves, so they hire and delegate responsibilities to people they trust. D) Self-employed people can incorporate or organize as sole proprietors; entrepreneurs have a broader set of legal requirements, along with insurance and tax considerations. E) Self-employed people have broad aspirations aimed at influencing industries and markets; entrepreneurs are more focused on operating a business in a specific geographic area and market

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