Technopreneurship

Showing 151-177 of 177 answers

This is the rate of interest you agree to pay on money borrowed. The higher the amount, the more you will pay

Annual percentage rate (APR) Correct

This term originates from poker as blue chips are traditionally the highest-valued.

Blue chip Correct

Two or more companies form an alliance to pursue a specific project, usually for a specific time period

joint venturesCost and complexity of formation Correct
stockholders
franchises
cooperatives

Unlike _____________ this is seldom a one-man show – the success of Technopreneurship hinges on how well the team functions together.

Entrepreneurship Correct

What are the 3 categories of Entrepreneurial motivation?

Proprietorship, Innovation, Partnership
Factors of Compulsion, Facilitating factors, Entrepreneurial ambitions Correct
Entrepreneurial Environment, Corporation, Partnership
Internal and External, Partnership and Corporation, Sole Proprietorship

What are the two other motivating factors?

Internal and External Correct
Business Process and Entrepreneurial Environment
Partnership and Corporation
Corporation and Sole Proprietorship

What Lenders and Investors Look for in a Business Plan?

Character
Conditions
all of the choices Correct
collateral

Which of the following is a NOT a definition of a social enterprise

All are acceptable definitions
Build to eradicate all social problems Correct
Has a specific objective and a primary purpose
Organizations that address a basic unmet need or solve a social problem through a market-driven approach

Which of the following is a NOT a reason for building a social enterprise?

Profit-generating organization Correct
Support certain cause
Getting employees from at risk groups
Entreprenuiers who take part of their profits to give to back to communities

Which of the following is not a disadvantage of sole proprietorship?

Limited managerial expertise
Difficulty in raising capital
Unlimited liability of the owner for debts
none of the choices Correct

Which of the following is NOT a factor of supporting industries

Climatic Conditions
Logistics Support
Electricity
Weather Correct

Which of the following is not an advantage of sole proprietorship?

Absence of special taxesOwner's rights to all profits
Relative freedom from government regulation
none of the choices Correct
Ease of dissolution

Which of the following is/are an advantage/s of Limited Liability company?

Ease of transferring ownership
Limited liability
Stable business life
Ability to deny financing Correct

which of the following is/are aspects of a small company?

All of the above Correct
Products they sell
Pricing they offer
Service they provide

Which of the following is/are disadvantage/s of Limited Liability company?

Government restrictions and regulations
Cost and complexity of formation
Double taxation of profits
Stable business life Correct

which of the following is/are Strategic Management Process?

Develop a vision and translate it into a mission statement
Scan environment for opportunities and threats
Assess strengths and weaknesses
All of the above Correct

Which of the following is/are the Benefits of Entrepreneurship?

All of the above Correct
Do what you enjoy and to have fun at it
Reap impressive profits
Contribute to society and to be recognized for your efforts

Which of the following is/are the Characteristics of Entrepreneurs?

Preference for moderate levels of risk =E2=80=93 risk eliminators
All of the above Correct
Confidence in their ability to succeed
Desire for responsibility

Which of the following is/are the Cultural Diversity of Entrepreneurship?

Home-based businesses
Immigrant entrepreneurs
Part-time entrepreneurs
All of the above Correct

Which of the following is/are the Deadly Mistakes of Entrepreneurship?

Weak Marketing Efforts
Failure to develop a strategic Plan
All of the above Correct
Uncontrolled Growth

Which of the following is/are the Drawbacks of Entrepreneurship?

Long hours and hard work
Uncertainty of income
Risk of losing your entire investment
All of the above Correct

which of the following is/are the Elements of a Business Plan?

Competitor Analysis
Description of the Firm's Product or Service
Marketing Strategy
all of the above Correct

which of the following is/are the Elements of a Feasibility Analysis?

Product orService Feasibility
all of the above Correct
Industry andMarket Feasibility
Financial Feasibility

which of the following is/are the Elements of Marketing Strategy?

all of the above Correct
Advertising
Location
Market Size and trend

Which of the following is/are the main forms of business organization?

all of the choices Correct
Sole proprietor
Partnership
Ltd liability company

Why would a new business venture choose not to operate as a partnership?

all of the choices Correct
Unlimited liability for general partners
Limited life
Potential for conflict between partners

Why would a new business venture choose to operate as a partnership?

Diversity of managerial expertise
Relative freedom from government control
Flexibility to respond to changing business conditions
all of the choices Correct