Part 2 Test

Summary of responses

1) People who are regarded as “single-track” in their career ____________.

a) score high in one career dimension but low in the rest

b) are high in career adaptability

c) score high in all three career dimensions

d) have a boundaryless mindset

Learner's answers:

 score high in one career dimension but low in the rest

2) Which of the following variable does NOT distinguish between managerial and entrepreneurial mindset?

a) beliefs

b) values

c) decision-making

d) personality

Learner's answers:

 personality

3) Entrepreneurial skill set and mindset can be developed in schools.

a) True

b) False

Learner's answers:

 True

4) Which of the following is not a principle of prediction logic?

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 a) Optimal solutions are identifiable within a given set of constraints.

b) Determine what you are willing to lose (money, time, and social capital) to engage in the activity.

c) Goals are predetermined and achievable given known information.

d) Through analysis, risk can be minimized or mitigated to achieve optimal returns.

Learner's answers:

 Determine what you are willing to lose (money, time, and social capital) to engage in the activity.

5) If one scores low in all three (EPL) career dimensions, s/he tends to ______.

a) have a boundaryless career attitude

b) have a self-directed/protean career attitude

c) be highly adaptive in his/her career

d) none of the above

Learner's answers:

 none of the above

6) Entrepreneurs belong to the category of people who make things happen.

a) True

b) False

Learner's answers:

 True

7) If motivation can be translated to “I want”, efficacy is equivalent to

a) “I need”

b) “I can”

c) “I may”

d) “I am”

Learner's answers:
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 Learner's answers:

 “I can”

8) The Freitag video illustrates the importance of entrepreneurial passion.

a) True

b) False

Learner's answers:

 False

9) The NTU Career Aspirations Survey captures all of the following except:

a) E, P, and L motivations

b) E, P, and L efficacies

c) E, P, and L intent

d) E, P, and L networks

Learner's answers:

 E, P, and L efficacies

10) Which of the following best describes the "bird-in-the-hand" principle?

a) Start with your passion

b) Start with your plan

c) Start with your means

d) Start with your financial resources

Learner's answers:

 Start with your plan

11) Working in a startup company such as EndoMaster _______________.

/
 a) provides opportunities for people to use their E, P, and L skill set

b) requires passion

c) both A and B

d) neither A nor B

Learner's answers:

 both A and B

12) Which of the following is not a principle of creation logic?

a) Outside organizations are seen as competitors and barriers to future growth.

Optimal decision-making is never possible in highly uncertain environments. By starting something with
b)
current available means, you are “satisficing” to take swift action.

c) When the future is unpredictable, create the future by shaping opportunities.

d) Outside organizations, customers and self-selected stakeholders are co-creators and not competitors.

Learner's answers:

 Outside organizations, customers and self-selected stakeholders are co-creators and not competitors.

13) According to the interview with Mr. Colin Tan of EndoMaster, _________________.

a) his experience at Stanford University and the Silicon Valley got him interested in entrepreneurship

b) his parents influenced him to have an enterprising mindset

c) both A and B

d) neither A nor B

Learner's answers:

 his experience at Stanford University and the Silicon Valley got him interested in entrepreneurship

14) Creation logic is more important than prediction logic.

a) True

b) False

/
 Learner's answers:

 False

15) In the EPL framework, what does being “single-track” imply?

a) High in all three: E, P, and L

b) Low in all three: E, P, and L

c) High in one of the three: E, P, or L

d) Low in E but high in P and L

Learner's answers:

 High in one of the three: E, P, or L

16) Entrepreneurs tend to have a growth mindset.

a) True

b) False

Learner's answers:

 True

17) What kind of framework is the EPL framework?

a) vocation

b) career

c) job

d) occupation

Learner's answers:

 career

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 Managerial mindset is different from entrepreneurial mindset in this key aspect: predicting the future by
18)
controlling it.

a) True

b) False

Learner's answers:

 True

19) The education system in the 19th century was geared towards producing more ________.

a) entrepreneurs

b) skilled workers and professionals

c) policy makers

d) merchants

Learner's answers:

 skilled workers and professionals

The ability to be dynamic, flexible and self-regulating in one's cognitions in dynamic and uncertain task
20)
environments refers to ______________.

a) social cognition

b) entrepreneurial cognition

c) meta-cognition

d) effectual thinking

Learner's answers:

 entrepreneurial cognition

The type of vocational and educational training one completes would always translate to what one does in
21)
his/her career.

a) True

b) False
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 Learner's answers:

 False

22) Which of the following characterizes effectuation?

a) emergent

b) top down

c) managerial logic

d) planned

Learner's answers:

 emergent

23) Which of the following can be inferred from the interview with Dr. Henry Tran of EndoMaster?

a) Enterprise and Innovation is not just for entrepreneurs but also for professionals

b) Influence from friends would play a significant role in shaping one’s career

c) Being single-track in one’s career is better than being multi-track

d) All of the above

Learner's answers:

 Enterprise and Innovation is not just for entrepreneurs but also for professionals

24) Entrepreneurs are not good at dealing with paradoxes.

a) True

b) False

Learner's answers:

 False

25) The following are considered leadership skills except ______________.

/
 a) creating and building a vision

b) marketing and selling a business opportunity

c) taking charge of decisions

d) using rewards to get people to work harder

Learner's answers:

 marketing and selling a business opportunity

26) Which of the following characterizes causation?

a) control-based

b) bottom up

c) emergent

d) prediction-based

Learner's answers:

 prediction-based

In the example provided, Mei Yin Chan, the co-founder of Gamelan Asmaradana has a _____ career
27)
mindset.

a) boundaryless

b) bounded

c) professional

d) focused

Learner's answers:

 boundaryless

28) Entrepreneurs take calculated risks.

a) True

b) False

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 Learner's answers:

 True

Mark: 25  out of  28

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