Which statement is true?

Select one:

a.

Studies show that diverse individuals working together are often less creative than homogeneous groups.

b.

Dysfunctional conflict is beneficial and empowering.

c.

Functional conflict helps the creative process.

d.

All of the above are true.

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Question 2

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True or false: Studies indicate that a positive correlation exists between a company's profitability and its reputation for ethical, socially responsible behavior.

Select one:

a.

True

b.

False

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Question 3

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Someone who starts a business because he/she can't find work any other way is known as a(n):

Select one:

a.

Forced entrepreneur

b.

Social entrepreneur

c.

Opportunity entrepreneur

d.

Necessity entrepreneur

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Question 4

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A small business owner is:

Select one:

a.

Always looking to introduce something new and groundbreaking to the market space.

b.

Considered an entrepreneur no matter what product or service he/she offers.

c.

Needed to help hold the economy stable.

d.

Always willing to take risks.

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According to an outside article we read, an entrepreneur:

Select one:

a.

Is a key market player

b.

Takes a holistic approach to business

c.

Is more interested in people than profit

d.

Creates new space in existing markets.

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True or false: In business, the terms "creativity" and "innovation" can be used interchangeably.

Select one:

a.

True

b.

False

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Question 7

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We learned from this week's readings that small businesses:

Select one:

a.

Help home ownership rise in local communities.

b.

Helped to pay almost 75% of the total United States private payroll since 1995.

c.

Fail at the rate of almost 50% within 2 years of start-up.

d.

All of these are true.

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Question 8

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When you study an opportunity or problem and brainstorm new ways to address it or accomplish it, you are demonstrating:

Select one:

a.

Ingenuity

b.

Innovation

c.

Creativity

d.

Resourcefulness

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Question 9

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Small businesses represent _________ of all U.S. business firms.

Select one:

a.

Less than 25%

b.

Approximately 50%

c.

Approximately 75%

d.

Close to 100%

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Question 10

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________ is the act of applying creative solutions to problems and opportunities.

Select one:

a.

Ingenuity

b.

Innovation

c.

Creativity

d.

Opportunism