Question 1

General Motors became the first company to earn over one billion dollars in a single year on December 31, 1985.

Accepted Answer

A) True 
 B)False

Question 2

Jim Clark, an IT entrepreneur, became the first Internet billionaire because of his investment in what company?

Accepted Answer

A)  Yahoo! Inc. 
B)  Netscape Communications 
C)  Amazon.com Inc. 
D)  Google Inc. 
E)  Microsoft Corp. 
A)  Yahoo! Inc. 
B)  Netscape Communications 
C)  Amazon.com Inc. 
D)  Google Inc. 
E)  Microsoft Corp.

Question 3

The first two NASDAQ stocks to be included in the Dow Jones Industrial Average were Microsoft and Apple.

Accepted Answer

A) True 
 B)False

Question 4

What was the primary objective of the Bayh-Dole Act?

Accepted Answer

A)  Commercial development of intellectual property 
B)  Investment of pension funds in venture capital companies 
C)  Gender equality among entrepreneurs. 
D)  Support for young entrepreneurs 
E)  All of the above 
A)  Commercial development of intellectual property 
B)  Investment of pension funds in venture capital companies 
C)  Gender equality among entrepreneurs. 
D)  Support for young entrepreneurs 
E)  All of the above

Question 5

Venture Capital is a source of growth funding exclusively for technology companies with the potential for rapid, scalable growth.

Accepted Answer

A) True 
 B)False

Question 6

Which of the trends below converged to spark the Internet revolution of the 1990's?

Accepted Answer

A)  Personal Computers, Cell Phones, and Laser Printing 
B)  Digital Technology, Information Technology, and Entrepreneurship 
C)  Personal Computers, Modems, and Floppy Disks 
D)  Entrepreneurship, Venture Capital, and Computer Software 
E)  Venture Capital, Biotechnology, and Telecommunications 
A)  Personal Computers, Cell Phones, and Laser Printing 
B)  Digital Technology, Information Technology, and Entrepreneurship 
C)  Personal Computers, Modems, and Floppy Disks 
D)  Entrepreneurship, Venture Capital, and Computer Software 
E)  Venture Capital, Biotechnology, and Telecommunications

Question 7

Historically, annual returns for venture capitalists have averaged 143% over the past several decades.

Accepted Answer

A) True 
 B)False

Question 8

Today, approximately 700 universities have offices for technology transfer.

Accepted Answer

A) True 
 B)False

Question 9

The former dean of the Nomura School of Advanced Management in Japan, Jiro Tokuyama, once said that the venture capital firms in Japan comprise one of the chief advantages for Japanese, technology start-ups.

Accepted Answer

A) True 
 B)False

Question 10

Which software application was the predecessor to the Lotus 1-2-3 spreadsheet?

Accepted Answer

A)  Microsoft Excel 
B)  MasterFile 
C)  Financial Works 
D)  FileMaker 
E)  VisiCalc 
A)  Microsoft Excel 
B)  MasterFile 
C)  Financial Works 
D)  FileMaker 
E)  VisiCalc

Question 11

What percent of the executives downsized in the 1980's and 1990's started their own businesses?

Accepted Answer

A)  10 
B)  15 
C)  20 
D)  25 
E)  30 
A)  10 
B)  15 
C)  20 
D)  25 
E)  30

Question 12

Virtual companies are so called because they outsource much of their work.

Accepted Answer

A) True 
 B)False

Question 13

What percent of GDP did venture capital backed companies generated in 2010?

Accepted Answer

A)  7 
B)  21 
C)  28 
D)  31 
E)  41 
A)  7 
B)  21 
C)  28 
D)  31 
E)  41

Question 14

How much does the Bayh-Dole Act contribute annually to the US economy?

Accepted Answer

A)  $300 million 
B)  $950 million 
C)  $12 billion 
D)  $32 billion 
E)  $40 billion 
A)  $300 million 
B)  $950 million 
C)  $12 billion 
D)  $32 billion 
E)  $40 billion

Question 15

What was the increase in Benchmark Capital's investment of $5 million in eBay?

Accepted Answer

A)  30-fold in two years 
B)  300-fold in two years 
C)  700-fold in two years 
D)  1500-fold in two years 
E)  4000-fold in two years 
A)  30-fold in two years 
B)  300-fold in two years 
C)  700-fold in two years 
D)  1500-fold in two years 
E)  4000-fold in two years

General Motors became the first company to earn over one billion dollars in a single year on December 31, 1985.

Jim Clark, an IT entrepreneur, became the first Internet billionaire because of his investment in what company?

The first two NASDAQ stocks to be included in the Dow Jones Industrial Average were Microsoft and Apple.

What was the primary objective of the Bayh-Dole Act?

Venture Capital is a source of growth funding exclusively for technology companies with the potential for rapid, scalable growth.

Which of the trends below converged to spark the Internet revolution of the 1990's?

Historically, annual returns for venture capitalists have averaged 143% over the past several decades.

Today, approximately 700 universities have offices for technology transfer.

The former dean of the Nomura School of Advanced Management in Japan, Jiro Tokuyama, once said that the venture capital firms in Japan comprise one of the chief advantages for Japanese, technology start-ups.

Which software application was the predecessor to the Lotus 1-2-3 spreadsheet?

What percent of the executives downsized in the 1980's and 1990's started their own businesses?

Virtual companies are so called because they outsource much of their work.

What percent of GDP did venture capital backed companies generated in 2010?

How much does the Bayh-Dole Act contribute annually to the US economy?

What was the increase in Benchmark Capital's investment of $5 million in eBay?

The Entrepreneurial Process

Opportunity Recognition, Shaping, and Reshaping

Prototyping Your Ideas

Understanding Your Business Model and Developing Your Strategy

Entrepreneurial Marketing

Building the Founding Team

The Business Planning Process

Building Your Pro Forma Financial Statements

Financing Entrepreneurial Ventures Worldwide

Raising Money for Starting and Growing Businesses

Debt and Other Forms of Financing

Legal and Tax Issues, Including Intellectual Property

Entrepreneurial Growth

Social Entrepreneurship

Filters

Exam 1: The Power of Entrepreneurship

General Motors became the first company to earn over one billion dollars in a single year on December 31, 1985.

Jim Clark, an IT entrepreneur, became the first Internet billionaire because of his investment in what company?

The first two NASDAQ stocks to be included in the Dow Jones Industrial Average were Microsoft and Apple.

What was the primary objective of the Bayh-Dole Act?

Venture Capital is a source of growth funding exclusively for technology companies with the potential for rapid, scalable growth.

Which of the trends below converged to spark the Internet revolution of the 1990's?

Historically, annual returns for venture capitalists have averaged 143% over the past several decades.

Today, approximately 700 universities have offices for technology transfer.

The former dean of the Nomura School of Advanced Management in Japan, Jiro Tokuyama, once said that the venture capital firms in Japan comprise one of the chief advantages for Japanese, technology start-ups.

Which software application was the predecessor to the Lotus 1-2-3 spreadsheet?

What percent of the executives downsized in the 1980's and 1990's started their own businesses?

Virtual companies are so called because they outsource much of their work.

What percent of GDP did venture capital backed companies generated in 2010?

How much does the Bayh-Dole Act contribute annually to the US economy?

What was the increase in Benchmark Capital's investment of $5 million in eBay?

The Entrepreneurial Process

Opportunity Recognition, Shaping, and Reshaping

Prototyping Your Ideas

Understanding Your Business Model and Developing Your Strategy

Entrepreneurial Marketing

Building the Founding Team

The Business Planning Process

Building Your Pro Forma Financial Statements

Financing Entrepreneurial Ventures Worldwide

Raising Money for Starting and Growing Businesses

Debt and Other Forms of Financing

Legal and Tax Issues, Including Intellectual Property

Entrepreneurial Growth

Social Entrepreneurship

Filters