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Test Bank For Entrepreneurship The Practice and Mindset 3th Edition by Heidi M. Neck, Christopher P. Neck, Emma L. Murray Chapter 1-16 CHAPTER 1: PRACTICING ENTREPRENEURSHIP Multiple Choice 1. The authors define entrepreneurship as ______. a. a way of thinking, acting, and being that combines the ability to find or create new opportunities with the courage to act on them b. starting a small business by finding investors and launching a product c. developing a new market by creating a product that does not currently exist d. a mindset that compels people to start multiple ventures throughout a lifetime Ans: A Learning Objective: 1.1: Explain the importance of action and practice in entrepreneurship. Cognitive Domain: Knowledge Answer Location: Entrepreneurship Requires Action and Practice Difficulty Level: Medium AACSB Standard: Application of knowledge 2. ______ have touched every corner of our lives, affecting every aspect of the way we live. a. Lifestyles b. Corporations c. Entrepreneurs d. Managers Ans: C Learning Objective: 1.1: Explain the importance of action and practice in entrepreneurship. Cognitive Domain: Knowledge Answer Location: Entrepreneurship Requires Action and Practice Difficulty Level: Medium AACSB Standard: Application of knowledge 3. What is the discipline that seeks to understand how opportunities are discovered, created, and exploited, by whom, and with what consequences? a. imagineering b. storyboarding c. social engineering d. entrepreneurship Ans. ... Purchase document to see full attachment