Decisions-being your own boss

Assignment Help Business Management
Reference no: EM13920080

Question 1: Some entrepreneurs do not find creative ways to obtain equity financing.

  • True
  • False

Question 2: The freedom to make all the decisions-being your own boss-is one of the biggest lures of entrepreneurship.

  • True
  • False

Question 3: Growth in entrepreneurship is not a worldwide phenomenon.

  • 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.

  • Apple
  • Google
  • Yahoo
  • Microsoft

Question 5: Dealing with unexpected events is not the norm for most entrepreneurs.

  • True
  • False

Question 7: ________ has further transformed the business environment for entrepreneurs.

  • 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.

  • Consumer
  • Entrepreneur
  • Executive
  • Employee

Question 9: Growth in entrepreneurship is not a worldwide phenomenon.

  • True
  • False

Question 10: Even entrepreneurs who have not previously received funding from banks have experienced a credit crunch in recent years.

  • True
  • False

Question 11: To secure ________, entrepreneurs exchange a share of ownership in their company for money supplied by one or more investors.

  • 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.

  • Logical investors
  • Angel investors
  • Small investors
  • Cooperative investors

Question 13: The following can be classified as the different types of entrepreneurs, except:

  • Class entrepreneurs
  • Serial entrepreneurs
  • Social entrepreneurs
  • Basic entrepreneurs

Question 14: ________ are employees who direct the efforts of others to achieve an organization's goals.

  • Customers
  • Managers
  • Owners
  • Partnerships

Question 15: Demographic trends-including the aging of the U.S. population, the growth of ethnic groups, and the predominance of two-income families-create opportunities for entrepreneurs.

  • True
  • False

Question 16: A ________ project is initiated by an employee who conceives an idea, convinces top management of its potential, and then recruits human and other resources from within the company to turn the idea into a commercial project.

  • Skunkworks
  • Cooperative
  • Open market
  • Innovation

Question 17: ________ seems to be the key to business start-ups, especially in rapidly changing markets.

  • Competitiveness
  • Flexibility
  • Financing
  • Capital

Question 18: Entrepreneurs have an internal locus of control, which means they believe that they control their own destinies.

  • True
  • False

Question 19: Many Boomers also plan to work after retirement from traditional jobs or careers, either because they want to or in order to boost income and savings.

  • True
  • False

Question 20: Like buying an established business, buying a franchise offers a less risky way to begin a business than starting an entirely new firm.

  • True
  • False

Reference no: EM13920080

Questions Cloud

Determine company costs change depending type of production : Discuss how lean versus traditional production might affect a management accountant trying to calculate a company's costs. How would the information a management accountant would use to determine company costs change depending on type of productio..
Life changes in ones : Throughout a persons' life changes in ones' relationships may occur. This can be caused by many environmental and social factors. In the case of Tina, it was caused by her ex-husband leaving her for a younger woman.
How many treatments are being compared in this experiment : Consider the partially completed ANOVA for a completely randomized one-way design presented below. The missing elements of the table are labelled A, B, C, D and E. How many treatments are being compared in this experiment
Decisions-being your own boss : The freedom to make all the decisions-being your own boss-is one of the biggest lures of entrepreneurship.
Describe the lean production philosophy : Describe how managerial accounting is different from cost accounting. Describe the lean production philosophy.
Java programming and have good programming experience : In this project, you will implement and experiment with several algorithms to approximate historical item counts in a space efficient manner. Note that it will take you quite some time to complete this project even if you are familiar with Java progr..
Narrowed down investment decision to three proposals : Money-Maker Hedge fund has narrowed down their investment decision to three proposals from which two are to be selected. The investment amounts, estimated annual cash flows, and estimated salvage values for the three proposals are shown below. A..

Reviews

Write a Review

 

Business Management Questions & Answers

  List the primary functions of all administrative agencies

Congress has decided that it has the resources to create one additional administrative agency. You have been appointed to create the agency. What will the agency regulate? List the primary functions of all administrative agencies. How will your new a..

  Which of following statements is true about group decision

Which of the following statements is true about group decision making?

  Describe some of the side effects of organizational controls

Describe some of the side effects of organizational controls in a large mechanistically structured organization, such as the United States Postal Service. Identify at least one other large mechanistically structured organization that could have the s..

  Vision and strategy of the organization

How does Coca Cola customer service perspective relate to the mission, vision and strategy of the organization?

  What does management effectiveness mean

Effective Management Practices - What does management effectiveness mean?

  Offer two reform actions the united states government

Offer two reform actions the United States government can take to close the education gap in America

  Question related to leadership skillsthis posting explains

question related to leadership skillsthis posting explains how you would apply your strength as a leader supervisor or

  How much influence new pay strategy have on payroll budget

What changes must be made in company's compensation strategy as result of this new direction? You expect your boss will be surprised at how much influence new pay strategy will have on payroll budget.

  Typically within the control of the organization

Use both research and your personal experience to develop a SWOT analysis of your college or university (your school's website is almost certainly a rich source of information). Remember that strengths and weakness are internal, and typically within ..

  Analyze leslie performance measurement strategy

Based on what you have learned about criterion deficiency and contamination, analyze Leslie's performance measurement strategy. Suggest three ways for better performance measurement for Leslie's help desk team

  Plan a large corporate sponsored event open to public

What trends in event catering would you institute to accommodate changing tastes in alcohol?

  Developing and implementing an organizational ethics

Watch the video titled, "Values- vs. Compliance-based Ethics Programs - Linda Trevino" located below. Next, differentiate between a values-based ethics program and a compliance-based ethics program. Recommend either a values-based ethics program or a..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd