Exam 12: Bootstrapping and Crowdfunding for Resources
Exam 1: Practicing Entrepreneurship87 Questions
Exam 2: Activating an Entrepreneurial Mindset92 Questions
Exam 3: Creating and Recognizing New Opportunities90 Questions
Exam 4: Using Design Thinking90 Questions
Exam 5: Building Business Models90 Questions
Exam 6: Developing Your Customers94 Questions
Exam 7: Testing and Experimenting With New Ideas86 Questions
Exam 8: Supplement A: Financial Statements and Projections for Startups41 Questions
Exam 8: Developing Networks and Building Teams90 Questions
Exam 9: Supplement B: the Pitch Deck45 Questions
Exam 9: Creating Revenue Models95 Questions
Exam 10: Planning for Entrepreneurs87 Questions
Exam 11: Anticipating Failure90 Questions
Exam 12: Bootstrapping and Crowdfunding for Resources87 Questions
Exam 13: Financing for Startups93 Questions
Exam 15: Engaging Customers Through Marketing90 Questions
Exam 16: Supporting Social Entrepreneurship95 Questions
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Wikihouse freely provides user-submitted blueprints for anyone who wishes to build an affordable custom-built house with 3D printing.This is an example of ______ because ______.
(Multiple Choice)
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Seth starts his company with computers that he found on craigslist.com and some office furniture from the basement of his parents' home.This strategy would be considered which of the following?
(Multiple Choice)
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In reference to crowdfunding,a backer is best described as ______.
(Multiple Choice)
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Crowdsourcing is a bootstrapping method that saves money while obtaining valuable ______ resources.
(Multiple Choice)
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Thanks to the Internet,the likelihood of a new business getting formal investment is pretty good.
(True/False)
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Research has shown that the majority of crowdfunded projects are delivered later than expected.
(True/False)
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Bootstrapping and starting slowly enables entrepreneurs to avoid any and all risk.
(True/False)
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Most entrepreneurs choose to seek out angel investors or other external investors in the beginning.
(True/False)
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Imagine that you have developed a software application and are now ready to "open shop." Describe some of the penny-pinching techniques you would use to get your business started.
(Essay)
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What is characteristic of the patronage model of crowdfunders?
(Multiple Choice)
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When conducting a crowdfunding campaign,why is it important to talk to others who have used crowdfunding?
(Multiple Choice)
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Research has shown that what percentage of crowdfunded products are delivered later than expected?
(Multiple Choice)
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When setting a funding goal,focus on how much money you would like to have rather than on how much you will need.
(True/False)
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Crowdfunding is a resource for talent and labor,and crowdsourcing is a resource for money.
(True/False)
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If you have a successfully crowdfunded product and you know you are going to miss your advertised ship date,what should you do?
(Multiple Choice)
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Greg is using a fundraiser site and is offering 10 shares of stock to those who contribute a minimum of $100 to his product.What model of crowdfunding is Greg using?
(Multiple Choice)
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Which of the following accurately describes a major advantage to crowdfunding?
(Multiple Choice)
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