The Journal of Business Venturing Reported on the Activities of Entrepreneurs

question 6

Multiple Choice

The Journal of Business Venturing reported on the activities of entrepreneurs during the organization creation process. As part of a designed study, a total of 71 entrepreneurs were interviewed and divided into 3 groups: those that were successful in founding a new firm (n₁ = 34) , those still actively trying to establish a firm (n₂ = 21) , and those who tried to start a new firm but eventually gave up (n₃ = 16) . The total number of activities undertaken (e.g., developed a business plan, sought funding, looked for facilities) by each group over a specified time period during organization creation was measured. The objective was to compare the mean number of activities of the 3 groups of entrepreneurs. Because of concerns over necessary assumption of the parametric analysis, it was decided to use a nonparametric analysis. Identify the nonparametric method that would be used to analyze the data.

• A) Wilcoxon rank sum test
• B) McNemar Test
• C) Kruskal-Wallis rank test
• D) One-way ANOVA F test

---

Definitions:

Top-Down

An approach or process that is initiated from the higher levels of a hierarchy and carried through to the lower levels, often in decision-making or processing information.

Perceptual Set

A psychological framework that predisposes individuals to perceive information in a particular way based on their expectations, emotions, and experiences.

Influenced

The capacity to have an effect on the character, development, or behavior of someone or something.

Perception

The method through which people structure and understand their sensory experiences to assign significance to the world around them.