FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 11: Anticipating Failure

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 1

Multiple Choice

Review LaterAdd Note

Review Later

______ is caused by crossing an ethical boundary,leading to mismanagement of the venture.

A) Inattention
B) Deviance
C) Lack of ability
D) Uncertainty

E) All of the above
F) A) and D)

Correct Answer

verified

Show Answer

Question 2

True/False

Review LaterAdd Note

Review Later

Antifailure bias inhibits us from learning from failure.

A) True
B) False

Correct Answer

verified

True

Question 3

True/False

Review LaterAdd Note

Deviance is an attribute of grit.

Lee just lost a major client.The next day,she made a list of potential new clients and started calling them to set up an introductory meeting.Which of the following characteristics is associated with this action?

According to the text,bankruptcy or forced sale is probably the biggest failure for a startup.

A strong fear of failure is often rooted in one's ______,as demonstrated by the Global Entrepreneurship Monitor report.

A child has a higher fear of failure if ______.

Jill had to close a cupcake bakery that she had established close to home.Her total investment was just under $7,000,representing all her personal savings.She attributes her failure to a poor business model.She had assumed that customers would come from wealthy residential areas when,in fact,customers seemed to be employees of large corporations who bought the cupcakes for office celebrations.In spite of her losses,Jill is hoping to start another cupcake bakery.Explain why this might be so.

The quality that enables people to work hard and sustain interest in their long-term goals is ______.

Explain the different ways entrepreneurs can learn from failure and why it is important that they do so.

Why did the Juicero company experience failure?

Instead of "failure," a process of prototyping,testing,analyzing,and refinement is best thought of as ______.

Failure as a result of the wrong procedures being set up in the organization so communication breaks down among employees and things begin to fall through the cracks is known as ______.

When Joelle Mertzel interviewed over 1,000 people about her prototype,she was ______.

Based on her studies,psychologist Angela Lee Duckworth determined that grit ______.

Describe failure and its effect on entrepreneurs.

Based on the description in the text,Jeff Bezos is a big believer in experimentation,especially when it comes to learning from ______.

Angela Lee Duckworth's research has proven a link between talent and achievement.

In efforts to cope with the emotions associated with fear,which of the following is recommended for shifting negative feelings and triggering a calm response?

Explain how an entrepreneur might fail from lack of ability.