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B02. Chapter 17. Entrepreneurship Flashcards | StudBud
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B02. Chapter 17. Entrepreneurship
B02. Chapter 17. Entrepreneurship
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Answers
1
When VCs receive ownership shares for investing in a biz, this would be what type of financing?
equity
corporate
debt
limited
2
Borrowing money from the bank which needs to be repaid is an example of what type of financing?
equity
limited
debt
partnership
3
The first element of any business plan is _____________
a marketing strategy
a set of performance milestones
an industry analysis
an executive summary
4
Biz that grow fast because they captured a market niche before competitors benefit from _______
intrapreneurship
an initial public offering (IPO)
first-mover advantage
succession planning
5
What sets social entrepreneurs apart from other entrepreneurs are _____________.
commitment to solving social problems
refusal to finance by loans
focus on international markets
lack of other career options
6
What type of entrepreneur would you like to be?
Elephant Intrepreneur inside a mature company
Unicorn Entrepreneur launching an unique Co. valued at $1B
Mouse Entrepreneur who owns an SME
A type of entrepreneur that transcend current classification
7
Small to Medium Enterprises (SME) constitute what percent of US businesses?
81%
75%
99%
40%
8
When an entrepreneur thrives under conditions of uncertainty, the entrepreneur displays _______
need for achievement
internal locus of control
high tolerance for ambiguity
action orientation
