Entrepreneurship: Introductory Concepts Test 1

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Quizzes Created: 14 | Total Attempts: 9,005

Questions: 12 | Attempts: 1,209 | Updated: Sep 1, 2023

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Entrepreneurship: Introductory Concepts Test 1 - Quiz

The objective portion of this test is designed to assess a student's applied understanding of the key characteristics and models employed by entrepreneurs.

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Current Version
Sep 01, 2023

Quiz Edited by
ProProfs Editorial Team
Mar 14, 2011

Quiz Created by
Ppageegsd

Entrepreneurship: Introductory Concepts Test 1

The term entrepreneur means:

What is the general criteria used to determine if a business qualifies as a small business under the Small Business Administration (SBA) guidelines

IRobot designs and builds robots that make a difference in people's lives. They market their cleaning robots as providing faster, smarter ways to get dirty jobs done. This is an example of which general business model:

The product and services provided by the Manpack.com entrepreneurial team integrate which of the following models:

To be successful, entrepreneurs need to have a DREAM. However, a dream is more than a fleeting wonderful idea. Each of the letters of this acronym take on a specific meaning which is...

The F³ in capital refers to angel investors who are willing to provide between $750,000 and $1 million in funding.

This group of investors is looking to receive a return of 5 times their capital infusion within a 7 year period:

What is the purpose of mezzanine financing:

The concept of connectivity as it relates to an entrepreneurial venture is critical because it ensures your network systems are integrating properly.

Nick and Omar were invited to "pitch" a spin-off venture to the Shark Tank. They were offered $250,000 but refused it. Explain why. Be certain to elaborate on how their decision is supported by the entrepreneurial traits you've researched.

How does the concept of social entrepreneurship apply to the idea of "Think Globally; Act Locally." Be certain to defined the concept and provide supporting examples from the "New Heroes" and the Providence Journal article, "The vast potential of social enterprise."

Entrepreneurship: Introductory Concepts Test 1

The term entrepreneur means:

What is the general criteria used to determine if a business qualifies as a small business under the Small Business Administration (SBA) guidelines

IRobot designs and builds robots that make a difference in people's lives. They market their cleaning robots as providing faster, smarter ways to get dirty jobs done. This is an example of which general business model:

The product and services provided by the Manpack.com entrepreneurial team integrate which of the following models:

To be successful, entrepreneurs need to have a DREAM. However, a dream is more than a fleeting wonderful idea. Each of the letters of this acronym take on a specific meaning which is...

The F3 in capital refers to angel investors who are willing to provide between $750,000 and $1 million in funding.

This group of investors is looking to receive a return of 5 times their capital infusion within a 7 year period:

What is the purpose of mezzanine financing:

The concept of connectivity as it relates to an entrepreneurial venture is critical because it ensures your network systems are integrating properly.

Nick and Omar were invited to "pitch" a spin-off venture to the Shark Tank. They were offered $250,000 but refused it. Explain why. Be certain to elaborate on how their decision is supported by the entrepreneurial traits you've researched.

How does the concept of social entrepreneurship apply to the idea of "Think Globally; Act Locally." Be certain to defined the concept and provide supporting examples from the "New Heroes" and the Providence Journal article, "The vast potential of social enterprise."

The F³ in capital refers to angel investors who are willing to provide between $750,000 and $1 million in funding.