BUSAD 101 - Introduction to Business » Spring 2020 » Chapter 6 Quiz

Need help with your exam preparation?

Existing Quiz Clients Login here
Question #1
_____ is the process of promoting innovation within their organizational structures.
A.   social entrepreneur
B.   information technology
C.   crowd funding
D.   venture capital
E.   intrapreneurship
Question #2
_____ helps entrepreneurs work quickly and efficiently, provide attentive customer service, increase sales, and project professional images.
A.   intrapreneurship
B.   venture capital
C.   crowd funding
D.   social entrepreneur
E.   Information Technology
Question #3
_____ is a new funding source involving groups and individuals who donate small sums of money through the internet.
A.   intrapreneurship
B.   venture capital
C.   Information Technology
D.   social entrepreneur
E.   crowd funding
Question #4
_____ provide start-up companies with low-cost shared business facilities.
A.   intrapreneurship
B.   social entrepreneur
C.   Information Technology
D.   venture capital
E.   Business Innovators
Question #5
A(n) _____ is an individual who lends money to new ventures in exchange for an equity stake.
A.   intrapreneurship
B.   social entrepreneur
C.   venture capital
D.   crowd funding
E.   Angel Investor
Question #6
Michael is a successful business advisor looking to invest money directly into a new consulting business in return for equity in the company. Michael is an example of a(n) ________.
A.   Angel Investor
B.   aerial entrepreneur
C.   entrepreneur
D.   intrapreneurship
Question #7
Louis works as an artist for a major textile company and created an innovation for producing designs. The company will implement Louis’s idea as part of its ________ strategy.
A.   angel investment
B.   entrepreneurship
C.   skunkworks
D.   seed capital
Question #8
Former CEO George Buckley believes that the key to supporting intrapreneurship is the willingness to allocate________.
A.   workers and investments
B.   time and money
C.   targeted employment area and investments
D.   space and programs
Question #9
Unlike an entrepreneur who starts a business from scratch, a franchisee is not responsible for:
A.   Obtaining financing
B.   Contracting with suppliers
C.   Hiring employees
D.   Establishing a brand
Question #10
All of the following are important characteristics of entrepreneurs EXCEPT:
A.   creativity
B.   internal locus of control
C.   dependence on others
D.   tolerance for failure

Need help with your exam preparation?

Existing Quiz Clients Login here