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MBA Entrepreneurship Financial Management — practice questions

22 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.

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People with vision, drive and creativity willing to risk starting a business for profit are:Entrepreneurs who start a whole series of companies are called:Founders who start small and deliberately plan to stay small are:Employees who apply creativity and risk-taking inside a large corporation are:An entrepreneur who is competitive with a high need for achievement is described as:An individualist and self-starter who prefers to lead rather than follow is:Successful entrepreneurs mostly prefer opportunities carrying:The ability to spot trends and act on them sets entrepreneurs apart. That trait is being:A firm with under 500 employees, independently managed and not dominant in its industry, is a:A formal written statement describing a new business idea and how it will be carried out is a:Which of these belongs inside such a plan?Borrowed funds that must be repaid with interest over a stated period are a form of:Funds raised by selling ownership in the business are a form of:Individual investors who put their own funds into start-ups are:Investment firms specialising in financing small high-growth companies for an ownership stake supply:Compared with the earliest individual backers, venture capitalists typically invest:The federal body that helps people start and manage small firms and win contracts is the:Retired executives who volunteer to advise small-business owners work through:A facility giving start-ups workspace and support in their earliest days is a business:Investment companies licensed by that federal body to provide long-term small-business finance are:Having a great concept alone is not enough, because the entrepreneur must also:A person with every entrepreneurial trait may still fail because they lack: