Test Bank For Entrepreneurship Theory, Process, Practice 11th Edition Donald F. Kuratko Chapter 1-15 Answers are at the End of Each Chapter (Complete And Verified Study material) (210pages) LEARNEXAMS

1. Entrepreneurship involves an interdisciplinary approach. a. True b. False 2. Large firms, as opposed to entrepreneurs, are the aggressive catalyst for change in the world of business. a. True b. False 3. A startup that surpasses the $1 billion level is known as a unicorn. a. True b. False 4. Entrepreneurs are often known as calculated risk takers, as opposed to "gamblers." a. True b. False 5. Entrepreneurs are born, not made. a. True b. False 6. According to Robert C. Ronstadt, entrepreneurship is the process of creating incremental wealth. a. True b. False 7. Amazon was one of the first unicorns, breaking above $1 billion as a private company. a. True b. False 8. Entrepreneurs are the major source of innovation and job creation in the economy. a. True b. False 9. New and smaller firms obtain more patents per sale than do larger firms. a. True b. False