Exam 6: Starting Your Own Business: the Entrepreneurship Alternative

Complete the following using the terms listed. -A(n)_____ is a business organization or group of private individuals who invest early-stage,high-potential growth companies.

(Multiple Choice)

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Question 41

Complete the following using the terms listed. -_____ is the initial funding used to launch a company.

(Multiple Choice)

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Question 42

Banks cannot research an entrepreneur's personal credit history when making lending decisions.

(True/False)

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Question 43

Studies suggest that around _____percent of successful companies now use at least one social media tool.

(Multiple Choice)

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Question 44

Which of the following has contributed the LEAST to the boom in entrepreneurship?

(Multiple Choice)

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Question 45

Jamal began a furniture company and ran it for five years.Afterward,he started another company for selling home appliances,and then an interior designing company.Jamal is a social entrepreneur.

(True/False)

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Question 46

Explain why Revolution Foods,founded by Kristin Richmond and Kirsten Tobey,is categorized as social entrepreneurship.

(Essay)

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Question 47

Distinguish between venture capitalists and angel investors.

(Essay)

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Question 48

Classic entrepreneurs start one business,run it,and then start and run additional businesses in succession.

(True/False)

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Question 49

Which of the following countries is an example of an innovation-driven economy?

(Multiple Choice)

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Question 50

The primary reasons people become entrepreneurs include all of the following reasons EXCEPT:

(Multiple Choice)

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Question 51

Which of the following is one of the most important considerations in selecting a business idea?

(Multiple Choice)

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Question 52

Complete the following using the terms listed. -Entrepreneurs exchange a share of ownership in their company for money supplied by one or more investors to secure _____.

(Multiple Choice)

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Question 53

The desire to work fewer hours is one of the main drives for those who choose to become entrepreneurs.

(True/False)

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Question 54

Desire for improved quality of life is often a motivation for becoming an entrepreneur.

(True/False)

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Question 55

Social entrepreneurs recognize a societal problem and use business principles to develop innovative solutions.

(True/False)

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Question 56

A lifestyle entrepreneur is a person who starts a business to gain flexibility in work hours and control over his or her life.

(True/False)

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Question 57

Stefan wants to start a new business,but his bank will not lend him the money he needs.Stefan saw an advertisement sponsored by a business organization that provides financing for early-stage,high-potential growth companies.The organization sponsoring the advertisement would be considered a(n)_____.

(Multiple Choice)

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Question 58

Entrepreneurs must repay the money sourced through angel investors.

(True/False)

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Question 59

Tim Ferriss,best-selling author of the 4-Hour self-help series,is considered by many to be a(n)_____.

(Multiple Choice)

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Question 60

Showing 41 - 60 of 129

Complete the following using the terms listed. -A(n)_____ is a business organization or group of private individuals who invest early-stage,high-potential growth companies.

Complete the following using the terms listed. -_____ is the initial funding used to launch a company.

Banks cannot research an entrepreneur's personal credit history when making lending decisions.

Studies suggest that around _____percent of successful companies now use at least one social media tool.

Which of the following has contributed the LEAST to the boom in entrepreneurship?

Jamal began a furniture company and ran it for five years.Afterward,he started another company for selling home appliances,and then an interior designing company.Jamal is a social entrepreneur.

Explain why Revolution Foods,founded by Kristin Richmond and Kirsten Tobey,is categorized as social entrepreneurship.

Distinguish between venture capitalists and angel investors.

Classic entrepreneurs start one business,run it,and then start and run additional businesses in succession.

Which of the following countries is an example of an innovation-driven economy?

The primary reasons people become entrepreneurs include all of the following reasons EXCEPT:

Which of the following is one of the most important considerations in selecting a business idea?

Complete the following using the terms listed. -Entrepreneurs exchange a share of ownership in their company for money supplied by one or more investors to secure _____.

The desire to work fewer hours is one of the main drives for those who choose to become entrepreneurs.

Desire for improved quality of life is often a motivation for becoming an entrepreneur.

Social entrepreneurs recognize a societal problem and use business principles to develop innovative solutions.

A lifestyle entrepreneur is a person who starts a business to gain flexibility in work hours and control over his or her life.

Stefan wants to start a new business,but his bank will not lend him the money he needs.Stefan saw an advertisement sponsored by a business organization that provides financing for early-stage,high-potential growth companies.The organization sponsoring the advertisement would be considered a(n)_____.

Entrepreneurs must repay the money sourced through angel investors.

Tim Ferriss,best-selling author of the 4-Hour self-help series,is considered by many to be a(n)_____.

The Changing Face of Business

Business Ethics and Social Responsibility

Economic Challenges Facing Todays Business

Competing in World Markets

Forms of Business Ownership and Organization

Management,leadership,and the Internal Organization

Human Resource Management: From Recruitment to Labor Relations

Top Performance Through Empowerment, teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Trends in E-Commerce

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