Question 1

Technology entrepreneurs have ideas triggered by developments in:

Accepted Answer

A)  math and sociology 
B)  science and history 
C)  social studies and business 
D)  science and engineering 
A)  math and sociology 
B)  science and history 
C)  social studies and business 
D)  science and engineering

Question 2

To relieve stress you should:

Accepted Answer

A)  Work over the weekend if necessary 
B)  Plan non-work personal time 
C)  Work more intensely 
D)  Work less 
A)  Work over the weekend if necessary 
B)  Plan non-work personal time 
C)  Work more intensely 
D)  Work less

Question 3

All of the following are early-stage funding sources except:

Accepted Answer

A)  family and friends 
B)  banks 
C)  government sources 
D)  IPO 
A)  family and friends 
B)  banks 
C)  government sources 
D)  IPO

Question 4

In what stage of the entrepreneurial process do you evaluate the competition?

Accepted Answer

A)  Stage 1 
B)  Stage 2 
C)  Stage 4 
D)  Stage 5 
A)  Stage 1 
B)  Stage 2 
C)  Stage 4 
D)  Stage 5

Question 5

Each year at least ____________ new businesses are started in the United States, and of these, a small proportion turn out to be the fast-growth companies that propel the economy forward.

Accepted Answer

The answer of Each year at least ____________ new businesses...

Question 6

A spider-web provides an analogy to a small company because:

Accepted Answer

A)  It is continually under attack from outside. 
B)  It has both radial and circumferential axes. 
C)  It has multiple points for support on the outside. 
D)  It is fragile. 
A)  It is continually under attack from outside. 
B)  It has both radial and circumferential axes. 
C)  It has multiple points for support on the outside. 
D)  It is fragile.

Question 7

How many new businesses are started in the United States each year? Approximately

Accepted Answer

A)  700,000 
B)  1.5 million 
C)  450,000 
D)  100,000 
A)  700,000 
B)  1.5 million 
C)  450,000 
D)  100,000

Question 8

The failure rate of new businesses is very high, about 80-90 percent within the first two years.

Accepted Answer

A) True 
 B)False

Question 9

It is important for entrepreneurs to have mentors who always agree with them.

Accepted Answer

A) True 
 B)False

Technology entrepreneurs have ideas triggered by developments in:

To relieve stress you should:

All of the following are early-stage funding sources except:

In what stage of the entrepreneurial process do you evaluate the competition?

Each year at least ____________ new businesses are started in the United States, and of these, a small proportion turn out to be the fast-growth companies that propel the economy forward.

A spider-web provides an analogy to a small company because:

How many new businesses are started in the United States each year? Approximately

The failure rate of new businesses is very high, about 80-90 percent within the first two years.

It is important for entrepreneurs to have mentors who always agree with them.

Converting Ideas Into Opportunities

Framing and Testing the Business Model

Engaging Customers, Analyzing Competitors, for Market Entry Strategy

Preparing the Investor Package

Setting up the Company

Protecting Intellectual Property

Launching and Financing Your Venture

Equity Financing for High Growth

Managing Start-Up Performance/money and People

Pitching the Venture to Investors

Planning Your Exit

Filters

Exam 1: Understanding the Entrepreneurial Process

Technology entrepreneurs have ideas triggered by developments in:

To relieve stress you should:

All of the following are early-stage funding sources except:

In what stage of the entrepreneurial process do you evaluate the competition?

Each year at least ____________ new businesses are started in the United States, and of these, a small proportion turn out to be the fast-growth companies that propel the economy forward.

A spider-web provides an analogy to a small company because:

How many new businesses are started in the United States each year? Approximately

The failure rate of new businesses is very high, about 80-90 percent within the first two years.

It is important for entrepreneurs to have mentors who always agree with them.

Converting Ideas Into Opportunities

Framing and Testing the Business Model

Engaging Customers, Analyzing Competitors, for Market Entry Strategy

Preparing the Investor Package

Setting up the Company

Protecting Intellectual Property

Launching and Financing Your Venture

Equity Financing for High Growth

Managing Start-Up Performance/money and People

Pitching the Venture to Investors

Planning Your Exit

Filters