Enterprenuer Notes - 6114 Words

Entrepreneurship: Successfully Launching New Ventures, 4e (Barringer/Ireland) Chapter 1 Introduction to Entrepreneurship 1) GiftZip, the company profiled in the opening feature for Chapter 1, makes money via: A) payments from companies that offer gift cards for displaying their cards on the site B) the direct sale of gift cards displayed on its site C) monthly subscription fees D) online advertising E) earning an affiliate fee for gift card purchases that originate from its site Answer: E Diff: 2 Page Ref: 3 Topic: Introduction to Entrepreneurship AACSB: Reflective Thinking Objective: Describe the role of entrepreneurs and small business 2) Which of the following was not a contributing factor to GiftZips early†¦show more content†¦According to the textbook, Netflix practices: A) tactical entrepreneurship B) corporate entrepreneurship C) strategic entrepreneurship D) business entrepreneurship E) enterprise entrepreneurship Answer: B Diff: 2 Page Ref: 6 Topic: Introduction to Entrepreneurship AACSB: Reflective Thinking Objective: Describe the role of entrepreneurs and small business 9) The three primary reasons that people become entrepreneurs and start their own firms are to: A) gain prestige, realize financial rewards, and eliminate risk in their lives B) do what they were born to do, be their own boss, and gain prestige C) take big risks, be their own boss, and do what they were born to do D) be their own boss, pursue their own ideas, and realize financial rewards E) take advantage of government subsidies, pursue their own ideas, and realize financial rewards Answer: D Diff: 2 Page Ref: 7 Topic: Introduction to Entrepreneurship AACSB: Reflective Thinking Objective: Describe the role of entrepreneurs and small business 10) According to the textbook, the number one reason that people become entrepreneurs is to: A) realize financial rewards B) gain prestige C) be their own boss D) continue a family tradition E) pursue their own ideas Answer: C Diff: 1 Page Ref: 7 Topic: Introduction to Entrepreneurship AACSB: Reflective Thinking Objective: Describe the role ofShow MoreRelatedRole of Commercial Banks in Poverty Aleviation in Tanzania6314 Words   |  26 PagesDue to the declining level of the public sector, the role of commercial banks in promoting economic growth and development, offering increased employment and reducing income disparities has been widely recognised. In Tanzania, micro and Small Enterprenuers contribute 12% and 34% of rural and urban employment respectively as well as up to 32% of the Gross Domestic Product (GDP). Recognising the importance of financial services to small enterpreneurs, during the year 2000 the government of TanzaniaRead MoreCredit Appraisal20118 Words   |  81 Pagesof  inventory and reasonable thereof, ability to absorb the cost of  carrying such inventory and comparison of the other similar  units in the industry shall be relied upon to decide the required and acceptable level for being supported by the bank Note: * Bills negotiated under L/C’s: As working capital requirements for the same are assessed separately, receivables under L/C need not be included in the current assets. Similarly, bank borrowings under bills purchased/negotiated