Growth in entrepreneurship is not a worldwide phenomenon. Discuss

Some entrepreneurs do not find creative ways to obtain equity financing.

Answer

True

False

Question 2

The freedom to make all the decisions—being your own boss—is one of the biggest lures of entrepreneurship.

Answer

True

False

Question 3

Growth in entrepreneurship is not a worldwide phenomenon.

Answer

True

False

Question 4

Bill Gates and Paul Allen launched ________ with the vision of a computer on every desk and in every home, all running software.

Answer

Apple

Google

Yahoo

Microsoft

Question 5

Dealing with unexpected events is not the norm for most entrepreneurs.

Answer

True

False

Question 7

________ has further transformed the business environment for entrepreneurs.

Answer

Project management

Social networking

Commercials

Entrepreneurship

Question 8

An ________ is a risk taker in the private enterprise system, a person who seeks a profitable opportunity and takes the necessary risks to set up and operate a business.

Answer

Consumer

Entrepreneur

Executive

Employee

Question 9

Growth in entrepreneurship is not a worldwide phenomenon.

Answer

True

False

Question 10

Even entrepreneurs who have not previously received funding from banks have experienced a credit crunch in recent years.

Answer

True

False

Question 11

To secure ________, entrepreneurs exchange a share of ownership in their company for money supplied by one or more investors.

Answer

Equity financing

Quality financing

Open financing

Closed financing

Question 12

________ are wealthy individuals who invest money directly in new ventures in exchange for equity, are a larger source of investment capital for start-up firms.

Answer

Logical investors

Angel investors

Small investors

Cooperative investors

Question 13

The following can be classified as the different types of entrepreneurs, except:

Answer

Class entrepreneurs

Serial entrepreneurs

Social  entrepreneurs

Basic entrepreneurs

Question 14

________ are employees who direct the efforts of others to achieve an organization’s goals.

Answer

Customers

Managers

Owners

Partnerships