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Entrepreneurship: An Innovator’s Guide to Startups and Corporate Ventures 2e
Marc H. Meyer and Frederick G. Crane Instructor Test Bank
7. Once you have your competitive intelligence, what is the next critical step in the competitive
positioning process?
a. Analyze the information*
b. Begin your pricing strategy
c. Produce your product prototype
d. Hire your venture team
9. What are two broad choices when it comes to a new venture’s competitive advantage?
a. Low price or high price
b. Customer service or high price
c. Cost advantage or non-cost-differentiation advantage*
d. Trade secrets or cost advantage
10. Which of the following would be a type of non-cost differentiation for a new venture?
a. Superior product
b. Branding superiority
c. Channel superiority
d. All of the above*
Entrepreneurship: An Innovator’s Guide to Startups and Corporate Ventures 2e
Marc H. Meyer and Frederick G. Crane Instructor Test Bank
11. Assessing your competitive position and ability to win business would include comparing your
venture against key competitors using which of the following factors?
a. Product/service performance
b. Sales force quality
c. Operating costs
d. All of the above*
12. What is a tool that can help you reveal which rivals your venture will compete against and your
competitive position relative to these competitors?
a. Architecture analysis
b. A business model
c. A cash conversion cycle
d. A perceptual map*
13. A traditional perceptual map for competitive positioning generally has which of the following
two objectively measured dimensions?
a. Service and satisfaction
b. Performance and price*
c. Brand attitudes and price
d. Price and service
14. Finding out how a new venture concept can be valuable and meaningful in the hearts and minds
of target customers is the aim of _____________________.
a. laddering
b. customer positioning*
c. competitive positioning
d. customer perceptions
15. A very revealing outcome of a perceptual map that captures customers’ perceptions of
competitors is
a. how they feel about competitors
b. the ideal offering they would like to have
c. possible white space where no competitors currently exist
d. All of the above*
Entrepreneurship: An Innovator’s Guide to Startups and Corporate Ventures 2e
Marc H. Meyer and Frederick G. Crane Instructor Test Bank
16. A customer perceptual map may reveal that there is no available white space for your venture.
In other words, competitors currently occupy all the valuable landscape. What could an
entrepreneur do in this case?
a. Abandon plans to compete in this market
b. Add an axis to the perceptual map that no one has used before to see if new white
space emerges
c. Reposition the competitor and take over its occupied space
d. All three are possible options*
17. What is Eveready’s success in dislodging Duracell and taking over its space as the leader in the
long-lasting battery market segment an example of?
a. Price competition
b. Repositioning the competition*
c. Competitive positioning
d. None of the above
18. What is one of the biggest mistakes aspiring entrepreneurs make with regard to competition in
the market in which they intend to enter?
a. Using the wrong distribution channel
b. Underestimating the extent of competition he/she will face upon market entry*
c. Not advertising enough
d. Using the wrong pricing strategy
20. What are two critical types of positioning that an entrepreneur must assess before entering a
market?
a. Price positioning and service positioning
b. Competitive positioning and customer positioning*
c. Perceptual positioning and functional positioning
d. Metrics positioning and features positioning
Entrepreneurship: An Innovator’s Guide to Startups and Corporate Ventures 2e
Marc H. Meyer and Frederick G. Crane Instructor Test Bank
21. Determining _____________ starts by identifying the most direct, current competition.
a. Functional Positioning*
b. Emotional Positioning
c. Social Positioning
d. None of the above
23. Which of the following companies have been experts at building social positioning as part of
their overall branding strategy:
a. Apple
b. Pantagonia
c. General Motors
d. Google
25. One way to make sure customers feel better about purchasing from your company is to excel
at:
a. Marketing
b. Emotional Positioning*
c. Loyalty Programs
d. Social Positioning*
Entrepreneurship: An Innovator’s Guide to Startups and Corporate Ventures 2e
Marc H. Meyer and Frederick G. Crane Instructor Test Bank
Essay Questions
1. For your venture project, what is a) functional positioning, b) emotional positioning, and c)
social positioning (if appropriate), and how might this carry forward into your branding
strategies?
2. What does branding mean for a B2B business such as IBM? Does IBM have emotional and
social branding activities, or is it just focused on making faster and better computers and
software? How does this compare, say to Oracle or Microsoft?
3. Social branding is generally considered to be more important for younger consumers. How has
a powerful social brand affected one of your own important buying decisions? What were the
functional and emotional considerations going on at the same time? You can use your selection
of your current educational program as an example if you so desire.
Another random document with
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are unsatisfactory. A few years ago, however, Grand’Eury[1496]
recorded the occurrence of seeds in association with Callipteris
fronds in the Autun district, and in some cases they were found
attached to the pinnae and rachis. The seeds are ovoid or spherical
(5–10 mm. broad) and smaller than those of Neuropteris. The
drawings of fertile segments published by Weiss[1497] afford no
indication of reproductive organs. Potonié[1498] figures some pinnules
of Callipteris conferta in which the thick lamina is covered with
sinuous grooves probably made by some insect larvae: as he
suggests, similar markings may have been mistaken for the remains
of sori. The occurrence of Callipteris fronds recorded by Weber and
Sterzel[1499] in association with Medullosa stems in the Lower
Permian of Saxony is in accordance with Grand’Eury’s conclusion.
Fronds reaching 1 metre in length, bipinnate or tripinnate, main rachis
frequently exhibiting a combination of dichotomous and pinnate branching.
Pinnae linear, usually crowded, decurrent on the rachis; the pinnules on the
lower side of the pinnae are continued on to the rachis. Pinnules of the
Pecopteroid type, entire or slightly lobed, or of the Sphenopteroid type and
more or less deeply dissected (fig. 366 C, D), the lamina of adjacent pinnules
concrescent; on the lower pinnae the lamina may be continuous as in an
Alethopteris pinnule. A midrib may extend almost to the bluntly rounded apex of
the ultimate segments, giving off oblique, simple, or forked veins, the lowest of
which arise directly from the rachis; in the Sphenopteroid forms the lateral veins
are given off at a more acute angle.
Callipteridium.
The name Callipteridium, created by Weiss[1505] as a sub-genus of
Odontopteris, is applied by Zeiller and other authors to a few Upper
Carboniferous and Permian species characterised by the occurrence
of simply pinnate pinnae on the main rachis between the bipinnate
primary pinnae. Single pinnules are borne directly on the rachis of
the primary pinnae between the pinnate branches. The form and
venation of a typical pinnule are shown in fig. 366, B. Callipteridium
pteridium, originally recorded by Schlotheim as Filicites pteridius[1506],
has been fully described by Renault and Zeiller from unusually large
specimens found in the Commentry Coal-field[1507]. This species
illustrates the peculiar morphological features of the genus. The
main rachis of the tripinnate fronds, several metres long, shows a
combination of dichotomous and pinnate branching; from the zigzag
and forked axis are given off bipinnate pinnae and, between these,
shorter pinnate branches. The pinnules closely resemble those of
Callipteris conferta but reach a greater length; the pinnules borne on
the rachises of the lateral branches differ from the others in their
broader base and more triangular lamina.
No fertile specimens have been found. It is probable that
Callipteridium was not a true fern, and that White[1508] is correct in
including it among the Pteridosperms.
Archaeopteris.
In 1852 Forbes[1509] published a brief description of some
supposed fern fronds, found by the Geological Surveyors of Ireland
in Upper Devonian rocks of Kilkenny, under the name Cyclopteris
hibernica. The Irish specimens were more fully described by
Baily[1510] in 1858. Fronds of the same type were referred by other
authors to Cyclopteris, Adiantites or Noeggerathia, until
Schimper[1511] proposed the generic name Palaeopteris on the
ground that the fronds described by Forbes and Baily are
distinguished by the nature of their fertile pinnae from the sterile
leaves included in Brongniart’s provisional genus Cyclopteris. The
earlier use of Palaeopteris by Geinitz for an entirely different plant
led Dawson[1512] to institute the genus Archaeopteris. The genus
Archaeopteris may be defined as follows:
Fronds bipinnate, reaching a considerable length (90 cm.); the stout rachis
bears long linear pinnae; sterile pinnules obovate or cuneate with an entire,
lobed, fimbriate, or laciniate lamina traversed by divergent dichotomously
branched veins. The fertile pinnae usually occur on the lower part of the rachis;
pinnules with a much reduced lamina bear numerous fusiform or oval
exannulate sporangia (fig. 369, A, E, H), sessile or shortly stalked, singly, or in
groups of two or three. The base of the petiole is characterised by a pair of
partially adnate stipules (fig. 369, C, D), and single pinnules or scales occur in
some species on the rachis between the pinnae and on the petiole.
Fig. 368. Archaeopteris hibernica. (From a specimen in the Science and
Art Museum, Dublin. Rather less than ⅙ nat. size.)
Neuropteris.
The fronds for which Brongniart[1528] created this genus, though
suspected by Stur in 1883 as wrongly classed among the ferns, have
only recently been shown to be the leaves of Pteridosperms. As yet
only one case is recorded in which
Neuropteris pinnae occur in organic connexion with seeds[1529], but
it is almost certain that the genus as a whole must be placed in this
generalised group. Renault[1530] pointed out that the petioles of
Neuropteris fronds from Autun had the anatomical features of
Myeloxylon (petiole of Medullosa). Since Kidston’s important
discovery of seed-bearing pinnae of N. heterophylla, Grand’Eury[1531]
has recorded the association of Neuropteris fronds with seeds in
French Coal-fields. By some of the older authors Neuropteris was
compared with Osmunda because of a similarity in venation. In the
frequent dichotomy of the frond and in the occurrence of pinnules on
the rachis, Neuropteris closely resembles Odontopteris[1532]: there
can be little doubt as to the close relationship of the Pteridosperms
possessing these two types of foliage. Neuropteris may be defined
as follows:
Fronds reaching a considerable size, probably in soma cases a length of 10
metres[1533]; bi- or tri-pinnate; the rachis may be dichotomously branched (figs.
354, D; 370); both rachis and petiole bear single pinnules, those on the latter
frequently differ from the normal leaflets in their larger Cyclopteroid laminae
(fig. 370). Pinnules entire, rarely slightly lobed, broadly linear, attached by a
small portion of the base, which is usually more or less cordate. In N. Grangeri
Brongn. the pinnules are attached by a short pedicel[1534]. The midrib always
dies out before reaching the blunt or pointed apex of the lamina and gives off at
an acute angle numerous secondary veins characterised by their arched
course and repeated forking.
Fig. 370. Neuropteris frond with Cyclopteris leaflets. English Coal-
Measures. (From a block given to me by Mr Carruthers. A.C.S.)
Potonié describes the secondary veins of the pinnules of
Neuropteris pseudogigantea[1535] as occasionally anastomosing, a
feature which may be regarded as a step towards the reticulate
venation of the closely allied genus Linopteris.
Renault[1536] described some petrified pinnules of Neuropteris in
which the mesophyll shows a differentiation into upper palisade
tissue and lacunar tissue below; the lower epidermis is infolded at
intervals where grooves (probably stomatal) occur like those on the
leaves of an Oleander (Nerium oleander).
The rachises of Neuropteris fronds are described by Grand’Eury
under the generic name Aulacopteris[1537].
Linopteris.
The Upper Palaeozoic fronds included in this genus are more
familiar as species of Dictyopteris. Potonié[1557] has, however, pointed
out that the creation of this name by Lamouroux in 1809 for a genus
of Brown Algae which is still retained, makes it advisable to fall back
upon the designation Linopteris. Gutbier[1558] proposed the genus
Dictyopteris in 1835: Linopteris was first used by Presl[1559] in 1838.
The fronds so named are identical with species of Neuropteris
except in the anastomosis of the secondary veins; Linopteris bears
to Neuropteris the same relation as Lonchopteris bears to
Alethopteris. As in Neuropteris, Cyclopteroid pinnules occur on the
petioles of Linopteris, but the veins form a fine reticulum.
Grand’Eury[1560] records the association of Linopteris Brongniarti with
seeds belonging to the genus Hexagonocarpon, a fact which points
to the Pteridosperm nature of the foliage.
Some fertile pinnules of Linopteris Schutzei (Roemer) are
described by Zeiller[1561] from Autun as bearing on the under surface
of the lamina two rows of long and pointed sporangia, probably
united in groups. The presumption is that these are microsporangia.
Fig. 374 is a reproduction of a careful drawing, originally published
by Zeiller[1562], of a pinnule of the type-specimen of Gutbier’s species
Linopteris neuropteroides. This species differs from Linopteris
obliqua, instituted by Bunbury[1563] for specimens obtained by
Lyell[1564] from the Coal-Measures of Nova Scotia, in the smaller size
of the meshes. Linopteris obliqua occurs in the Upper and Middle
Coal-Measures of Britain; it is recorded by Zeiller from Asia Minor, by
Lesquereux[1565] from Pennsylvania, and by other authors from
several European localities. The pinnules frequently occur detached
from the frond and like those of some species of Neuropteris were
caducous. Linopteris is rare in British strata.
Alethopteris.
The name Alethopteris, instituted by Sternberg[1566], is applied to
compound fronds often reaching a considerable size, exhibiting the
following features:
The linear pinnules are attached by the whole breadth of the base, with the
lower edge of the lamina decurrent and usually continuous with that of the next
pinnule (figs. 290, A, p. 399; 375). The ultimate segments are entire, with an
acute or rounded apex and often characterised by a fairly thick lamina convex
on the upper surface. From a prominent midrib, continued to the apex of the
pinnule, numerous simple and forked secondary veins are given off at a wide
angle, the decurrent portion of the lamina being supplied by veins direct from
the axis of the pinna. In the upper part of a frond or primary pinna the pinnules
may be replaced by a continuous, lobed, or entire simple lamina. The main
rachis occasionally exhibits dichotomous branching, but the fronds are for the
most part constructed on the pinnate plan. Single Cyclopteroid pinnules[1567]
occur on the petiole of some species of the genus.