EC111 - QUIZ BOWL

Question 1

One dollar today is worth less than one dollar you will receive in the future is the principle behind TVM.

Accepted Answer

False

Question 2

A small business entrepreneurship can turn into a large company through acquisition.

Accepted Answer

True

Question 3

This type of entrepreneurial venture heavily relies on the collation of facts, data, and logic rather than intuition.

Accepted Answer

Researcher entrepreneurship

Question 4

Entrepreneurial Ventures establish new commercial businesses, social businesses or other such form of businesses.

Accepted Answer

True

Question 5

Their main goal is to make the world a better place through products and services that solves societal problems.

Accepted Answer

Social entrepreneurship

Question 6

Microsoft, Google, Samsung, BMW are examples of _________.

Accepted Answer

Innovative entrepreneurship, Large company entrepreneurship

Question 7

This entrepreneurial venture is technology-focused for example, Facebook, Instagram, and Uber.

Accepted Answer

Scalable startup entrepreneurship

Question 8

Present Value (PV) is today’s value of money you expect from future income.

Accepted Answer

True

Question 9

A sari-sari store falls under what type of entrepreneurial venture?

Accepted Answer

Small business entrepreneurship

Question 10

Is this the correct formula for future value of an amount? [FV=PV(1+i)^-n]

Accepted Answer

False

Questions 10