Question 1

Match these types of innovation with their descriptions (based on Francis and Bessant 2005).
-Position innovation.
A) The way they are introduced to market
B) Product/service offered
C) Improvement to a part of product/service
D) Underlying business models

Accepted Answer

Position innovation relates to how products or services are positioned in the market or their context of use, which aligns with the description of the way they are introduced to market.

Question 2

Match these types of innovation with their descriptions (based on Francis and Bessant 2005).
-Paradigm innovation.
A) The way they are introduced to market
B) Product/service offered
C) Improvement to a part of product/service
D) Underlying business models

Accepted Answer

Paradigm innovation refers to changes in the underlying business models or mental models which frame what the organization does.

Question 3

Match these types of innovation with their descriptions (based on Francis and Bessant 2005).
-Component innovation.
A) The way they are introduced to market
B) Product/service offered
C) Improvement to a part of product/service
D) Underlying business models

Accepted Answer

Component innovation refers to enhancements or improvements made to a specific part of a product or service, rather than to the entire system or product itself.

Question 4

Complete the following statements:
Firstly, establishing a shared vision for the venture requires that members of the team start out with an essentially similar set of ______ about what they want to ______. Secondly, members of the team need to begin with a broadly similar set of values regarding the proposed venture. In this context, the term values refers to ______ and ______ regarding the kind of venture you want to establish and your general approach to the task. Thirdly, we need to consider the motivation of individual team members. There are two relevant aspects to motivation: the ______ of the motivation (i.e. what are the factors driving this person to take part in the venture?); and its ______ (i.e. how strongly is the person driven to contribute to the success of the venture?).

Accepted Answer

The answer of Complete the following statements:
Firstly, establishing a shared...

Question 5

Match the following team roles to their primary contribution.
-Chair.
A) Initiates, provides leadership and drives team towards achieving task.
B) Maintains a check on outcomes in relation to project milestones and deadlines.
C) Organizes, co-ordinates and seeks to retain teams focus and involvement.
D) Encourages other members, fosters team morale and reduces negative emotions.

Accepted Answer

The primary contribution of a Chair is to organize, coordinate, and ensure the team remains focused and involved in achieving its objectives.

Question 6

Match the following team roles to their primary contribution.
-Team Leader.
A) Initiates, provides leadership and drives team towards achieving task.
B) Maintains a check on outcomes in relation to project milestones and deadlines.
C) Organizes, co-ordinates and seeks to retain teams focus and involvement.
D) Encourages other members, fosters team morale and reduces negative emotions.

Accepted Answer

The team leader is responsible for initiating the team and providing leadership towards achieving the task.

Question 7

Match the following team roles to their primary contribution.
-Team Worker.
A) Initiates, provides leadership and drives team towards achieving task.
B) Maintains a check on outcomes in relation to project milestones and deadlines.
C) Organizes, co-ordinates and seeks to retain teams focus and involvement.
D) Encourages other members, fosters team morale and reduces negative emotions.

Accepted Answer

Team Workers primarily contribute by encouraging other members, fostering team morale, and reducing negative emotions within the team.

Question 8

Match the following team roles to their primary contribution.
-Completer.
A) Initiates, provides leadership and drives team towards achieving task.
B) Maintains a check on outcomes in relation to project milestones and deadlines.
C) Organizes, co-ordinates and seeks to retain teams focus and involvement.
D) Encourages other members, fosters team morale and reduces negative emotions.

Accepted Answer

Completers are primarily focused on maintaining checks on outcomes in relation to project milestones and deadlines, ensuring that tasks are completed on time and to the required standard.

Question 9

Match the following team roles to their implied communication task.
-Chair.
A) Generates persuasive bilateral and multilateral messages directed at team members.
B) Monitors and co-ordinates messages between team members.
C) Assesses and generates primarily affective, process-related messages within the team.
D) Analyses primarily cognitive task-related messages within the team.

Accepted Answer

The role of a Chair in team settings often involves monitoring and coordinating communication between team members to ensure effective collaboration and decision-making. This includes facilitating meetings, guiding discussions, and ensuring that all team members have the opportunity to contribute.

Question 10

Match the following team roles to their implied communication task.
-Team Leader.
A) Generates persuasive bilateral and multilateral messages directed at team members.
B) Monitors and co-ordinates messages between team members.
C) Assesses and generates primarily affective, process-related messages within the team.
D) Analyses primarily cognitive task-related messages within the team.

Accepted Answer

The Team Leader's role involves generating persuasive messages to guide and motivate team members, aligning with option A.

Question 11

Match the following team roles to their implied communication task.
-Team Worker.
A) Generates persuasive bilateral and multilateral messages directed at team members.
B) Monitors and co-ordinates messages between team members.
C) Assesses and generates primarily affective, process-related messages within the team.
D) Analyses primarily cognitive task-related messages within the team.

Accepted Answer

Team Workers primarily focus on the social cohesion and emotional well-being of the group, which involves generating and assessing affective, process-related messages to maintain harmony and balance within the team.

Question 12

Match the following team roles to their implied communication task.
-Completer.
A) Generates persuasive bilateral and multilateral messages directed at team members.
B) Monitors and co-ordinates messages between team members.
C) Assesses and generates primarily affective, process-related messages within the team.
D) Analyses primarily cognitive task-related messages within the team.

Accepted Answer

The role of a Completer in a team is to ensure that tasks are finished thoroughly and on time, which involves analyzing cognitive task-related messages to ensure all details are addressed.

Question 13

Match the following stages of the Tuckman model to the relevant outline of activity in a new venture.
-Forming.
A) Efforts to resolve differences; venture team reaches agreement over task and process issues.
B) Disagreements emerge over both task and process issues; some internal conflict and hostility.
C) Individuals meet, initial attempts at team composition, establishing aims of venture (i.e. task) and ways of working (i.e. process).
D) Team concentrates on achieving its common purpose, while maintaining process dimension.

Accepted Answer

The answer of Match the following stages of the Tuckman...

Question 14

Match the following stages of the Tuckman model to the relevant outline of activity in a new venture.
-Storming.
A) Efforts to resolve differences; venture team reaches agreement over task and process issues.
B) Disagreements emerge over both task and process issues; some internal conflict and hostility.
C) Individuals meet, initial attempts at team composition, establishing aims of venture (i.e. task) and ways of working (i.e. process).
D) Team concentrates on achieving its common purpose, while maintaining process dimension.

Accepted Answer

The answer of Match the following stages of the Tuckman...

Question 15

Match the following stages of the Tuckman model to the relevant outline of activity in a new venture.
-Norming.
A) Efforts to resolve differences; venture team reaches agreement over task and process issues.
B) Disagreements emerge over both task and process issues; some internal conflict and hostility.
C) Individuals meet, initial attempts at team composition, establishing aims of venture (i.e. task) and ways of working (i.e. process).
D) Team concentrates on achieving its common purpose, while maintaining process dimension.

Accepted Answer

Norming is the stage where the team reaches agreement over task and process issues, and efforts are made to resolve any differences that may have emerged during the storming phase.

Question 16

Match the following stages of the Tuckman model to the relevant outline of activity in a new venture.
-Performing.
A) Efforts to resolve differences; venture team reaches agreement over task and process issues.
B) Disagreements emerge over both task and process issues; some internal conflict and hostility.
C) Individuals meet, initial attempts at team composition, establishing aims of venture (i.e. task) and ways of working (i.e. process).
D) Team concentrates on achieving its common purpose, while maintaining process dimension.

Accepted Answer

The "Performing" stage is characterized by the team focusing on achieving their common purpose while maintaining their established ways of working, which aligns with option D. Options A and B describe the "Norming" stage where initial conflicts are resolved and the team reaches agreements. Option C describes the "Forming" stage where the team is still in the process of meeting and establishing the aims and ways of working for the venture.

Question 17

Match the following stages of the Tuckman model to the typical communication patterns within the entrepreneurial team.
-Forming.
A) Fairly open and multilateral exchanges as people seek an initial indication of each others' capabilities and potential roles.
B) Greater attention to feedback as team leaders confirm consent and establish roles.
C) Strong bilateral, persuasive communication as members exchange arguments.
D) Bilateral exchanges between team members engaged in delegated roles, with some multilateral communication to ensure activities are co-ordinated.

Accepted Answer

In the Forming stage of the Tuckman model, team members are typically getting to know each other and exploring the dynamics of the team. This involves open and multilateral communication as they seek to understand each other's capabilities, roles, and how they might work together.

Question 18

Match the following stages of the Tuckman model to the typical communication patterns within the entrepreneurial team.
-Storming.
A) Fairly open and multilateral exchanges as people seek an initial indication of each others' capabilities and potential roles.
B) Greater attention to feedback as team leaders confirm consent and establish roles.
C) Strong bilateral, persuasive communication as members exchange arguments.
D) Bilateral exchanges between team members engaged in delegated roles, with some multilateral communication to ensure activities are co-ordinated.

Accepted Answer

During the Storming stage of Tuckman's model, team members often have conflicts and disagreements as they are trying to establish their roles within the team. This leads to strong bilateral, persuasive communication as members exchange arguments and viewpoints.

Question 19

Match the following stages of the Tuckman model to the typical communication patterns within the entrepreneurial team.
-Norming.
A) Fairly open and multilateral exchanges as people seek an initial indication of each others' capabilities and potential roles.
B) Greater attention to feedback as team leaders confirm consent and establish roles.
C) Strong bilateral, persuasive communication as members exchange arguments.
D) Bilateral exchanges between team members engaged in delegated roles, with some multilateral communication to ensure activities are co-ordinated.

Accepted Answer

In the Norming stage of the Tuckman model, the team starts to settle into their roles, and there is a focus on establishing norms and making sure everyone is on the same page. This involves greater attention to feedback, confirming consent, and establishing roles, as described in option B.

Question 20

Match the following stages of the Tuckman model to the typical communication patterns within the entrepreneurial team.
-Performing.
A) Fairly open and multilateral exchanges as people seek an initial indication of each others' capabilities and potential roles.
B) Greater attention to feedback as team leaders confirm consent and establish roles.
C) Strong bilateral, persuasive communication as members exchange arguments.
D) Bilateral exchanges between team members engaged in delegated roles, with some multilateral communication to ensure activities are co-ordinated.

Accepted Answer

During the Performing stage of the Tuckman model, teams are characterized by efficient, organized communication and collaboration. Members have clear, delegated roles, but they also engage in multilateral communication to coordinate activities effectively, which aligns with option D.

Quiz 1: Exploring Entrepreneurship

Match these types of innovation with their descriptions (based on Francis and Bessant 2005) . -Position innovation.

Match these types of innovation with their descriptions (based on Francis and Bessant 2005) . -Paradigm innovation.

Match these types of innovation with their descriptions (based on Francis and Bessant 2005) . -Component innovation.

Match the following team roles to their primary contribution. -Chair.

Match the following team roles to their primary contribution. -Team Leader.

Match the following team roles to their primary contribution. -Team Worker.

Match the following team roles to their primary contribution. -Completer.

Match the following team roles to their implied communication task. -Chair.

Match the following team roles to their implied communication task. -Team Leader.

Match the following team roles to their implied communication task. -Team Worker.

Match the following team roles to their implied communication task. -Completer.

Match the following stages of the Tuckman model to the relevant outline of activity in a new venture. -Forming.

Match the following stages of the Tuckman model to the relevant outline of activity in a new venture. -Storming.

Match the following stages of the Tuckman model to the relevant outline of activity in a new venture. -Norming.

Match the following stages of the Tuckman model to the relevant outline of activity in a new venture. -Performing.

Match the following stages of the Tuckman model to the typical communication patterns within the entrepreneurial team. -Forming.

Match the following stages of the Tuckman model to the typical communication patterns within the entrepreneurial team. -Storming.

Match the following stages of the Tuckman model to the typical communication patterns within the entrepreneurial team. -Norming.

Match the following stages of the Tuckman model to the typical communication patterns within the entrepreneurial team. -Performing.