Answer the following statements true (T) or false (F)

Question

1. In interpersonal managerial roles, a manager acts as entrepreneur, disturbance handler, or negotiator. 
2. Entrepreneurship means taking risks to try to create a new enterprise. 
3. Two types of entrepreneurship include the extrapreneur and the intrapreneur. 
4. Successful entrepreneurial companies have been called "gazelles" because of a characteristic they possess, namely an acute sensitivity to danger in the environment. 

Answer 1

1. FALSE
In their interpersonal roles, managers interact with people inside and outside their work units. The three interpersonal roles include figurehead, leader, and liaison activities. In their decisional roles, managers use information to make decisions to solve problems or take advantage of opportunities. The four decision-making roles are entrepreneur, disturbance handler, resource allocator, and negotiator.
2. TRUE
Entrepreneurship is the process of taking risks to try to create a new enterprise.
3. FALSE
There are two types of entrepreneurship. An entrepreneur is someone who sees a new opportunity for a product or service and launches a business to try to realize it. An intrapreneur is someone who works inside an existing organization who sees an opportunity for a product or service and mobilizes the organization's resources to try to realize it.
4. FALSE
Entrepreneurial companies have been called "gazelles" for the two attributes that make them successful: speed and agility. "Gazelles have mastered the art of the quick," says Alan Webber, founding editor of Fast Company magazine. "They have internal approaches and fast decision-making approaches that let them move with maximum agility in a fast-changing business environment."