1. According to the text ‘entrepreneurial learning’ is broadly defined as ______.

1. learning in the entrepreneurial process.
2. a course in entrepreneurship
3. a road map for entrepreneurial success.
4. learning about entrepreneurship.

2. What are the four stages of Kolb’s experiential learning theory?

1. Active experimentation > Reflective observations > Concrete experience > Abstract conceptualisation
2. Abstract conceptualisation > Reflective observations > Concrete experience > Active experimentation
3. Concrete experience > Reflective observations > Abstract conceptualisation > Active experimentation
4. Reflective observations > Concrete experience > Active experimentation > Abstract conceptualisation

3. Learning from others is a key approach for many entrepreneurs. According to Bandura’s social learning theory: people learn through observing others and imitating their behaviour. However this only happens when certain mediating cognitive processes take place to embed that learning. What are the four cognitive processes Bandura proposes?

1. Inspiration, Motivation, Activation
2. Attention, Retention, Reproduction, Motivation
3. Noticing, Caring, Committing, Acting
4. Attention, Repeating, Motivation

4. There is evidence that educational courses, if properly structured, can help to develop and enhance entrepreneurial skills and attitudes.

1. True
2. False

5. What are two of the factors that influence individuals’ ability to discover entrepreneurial opportunities?

1. luck and prior experience.
2. the right network and education.
3. prior information and adequate access to finance.
4. prior information and entrepreneurial alertness.

6. What is the definition of ‘entrepreneurial alertness’?

1. an enquiring and creative mind
2. an attitude of receptiveness to available (but hitherto overlooked) opportunities
3. the ability to think out of the box
4. an ability to see and grasp opportunities in uncertain environments

7. Skills and learning from prior entrepreneurial experience undermine entrepreneurs’ ability to clearly spot and pursue new entrepreneurial opportunities.

1. True
2. False

8. What are the three key types of learning that underpin entrepreneurial preparedness?

1. Cumulative learning, Active learning, Social learning
2. Experiential learning, Purposeful or goal-orientated learning, Social learning
3. Cumulative learning, Social learning, Purposeful or goal-orientated learning
4. Active learning, Experiential learning, Academic learning

9. Learning from success can pose greater challenges for entrepreneurs and their firms than learning from failure.

1. True
2. False