Exam 2: The Entrepreneurial Process

For an entrepreneurial company, leasing is better than buying because:

A good example of entrepreneurial frugality is:

Which of the following could be a "trigger" for the entrepreneurial process?

Which of the following is not a characteristic of most entrepreneurial ideas?

Entrepreneurs possess highly specialized behavioral attributes that are distinct from those of non-entrepreneurs.

The best would-be entrepreneur will have a track record of:

It is possible for a company to have a negative cash flow and be profitable.

Two ingredients that determine an entrepreneur's return on investment are (1) the amount invested and (2) the annual amount earned on that investment.

Which of the following contacts can be critical to the startup phase of a new business?

Startups that tend to focus on multiple markets are the most successful.

What percentage of venture backed companies survive to the five year mark?

Which of the following is not a common stage in the financing of new businesses?

The factors that give birth to a new enterprise and influence its development can be categorized as

The most famous geographic region for high-tech entrepreneurship is in California and often referred to as, "Silicon Valley."

When a venture capital firm invests in a company, they typically expect which of the following in return:

Low-tech businesses, such as convenience stores, are not typically considered part of entrepreneurship because of their lack of innovation and intellectual property.

Entrepreneurship is a process that can be learned.

Where do most entrepreneurs get the idea for their businesses?

Which of the following is not one of the 10 Ds of Successful Entrepreneurs?

If companies A and B are in the same industry, and A has $200,000 in sales per employee while B has $325,000 in sales per employee, then B is the more productive company.