,DOWNLOADgTHE Test BankgforgEntrepreneurialTáFinanceg7thgEditiongLeach
TRUE/FALSE g
1 :gOnlygagsmallgnumbergofgnewgbusinessgideasgbecomegviablegbusinessgopportunitiesgwithgfundedgbusinessgplans.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
2 :gItghasgbeengestimatedgthatgventuregcapitalistsginvestgingaboutg10gtog30gpercentgofgbusinessgpl
ansgpresentedgtogthem.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
3 :gSalary-
replacementgfirmsgprovidegtheirgownersgwithgincomeglevelsgcomparablegtogwhatgtheygcouldghavege
arnedgworkinggforgmuchglargergfirms.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
4 :gLifestylegfirmsgareggrowthgdrivengingtermsgofgrevenues,gprofits,gandgcashgflowsgandgalsogperformancegoriented
gasgreflectedgingrapidgvaluegcreationgovergtime.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
5 :gAngentrepreneurgmaygstartgagnumbergofgdifferentgtypesgofgbusinesses,gincludinggsalary-
replacementgfirms,glifestylegfirms,gandgentrepreneurialgfirmsgorgventures.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
6 :gEntrepreneurialgventuresgaregfirmsgthatgallowgownersgtogpursuegspecificglifestylesgwhilegbeinggpaidgf
orgdoinggwhatgtheyglikegtogdo.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
7 :gEntrepreneurialgventuresgemphasizegsurvivalgandgprovidinggangacceptableglivinggforgtheirgowners,gwithggrow
thgbeinggagsecondaryggoal.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
8 :gAgwell-
designedgentrepreneurialgventuregbeginsgwithgangideagthatgsurvivesganganalysisgofgitsgfeasibilitygandgre
mynursytest.store 1g/g14
,sultsgingagbusinessgplan.
mynursytest.store 2g/g14
, DOWNLA O: gAt r Du e gTHEgTestgBankgforgEntrepreneurialTáFinanceg7thgEditiongLeach
Bg:gfalse
CorrectgAnswerg:gA
9 :gThegprocessgofgmovinggfromgentrepreneurialgopportunitiesgtognewgbusinesses,gproducts,gorgservic
esgbeginsgwithgideas,gthengmovesgtogthegpreparationgofgagbusinessgplan,gandgfinallygendsgwithgagfeas
ibilitygstudy.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
10 :gAgsoundgbusinessgmodelgshouldgprovidegagplangtoggenerategrevenues,gmakegprofits,gandgprodu
cegfreegcashgflows.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
11 :gAgsoundgbusinessgmodelgisgagplangtoggenerateginvestorginterest,gmakegprofits,gandggrowgas
setginvestments.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
12 :gThegfirstgcomponentgofgagsoundgbusinessgmodelgisgthegneedgtoggenerategrevenues.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
13 :gForgventuresgthatggetgtogmarketgfirstgorgcreategintellectualgpropertygrights,gitgisgcommongtogpricegn
ewgproductsgorgservicesgatghighgmarkupsgorgprofitgmargins.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
14 :gAgsuccessful,gsoundgbusinessgmodelgdoesgnotghavegtogultimatelygproducegfreegcashgflows.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
15 :gBestgpracticesgofghigh-growth,ghigh-
performancegfirmsgappliedgingthegmarketinggpracticesgareagincludeg"developinggnewgproductsgorgservicesg
thatgaregconsideredgtogbegthegbest."
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
mynursytest.store 3g/g14
TRUE/FALSE g
1 :gOnlygagsmallgnumbergofgnewgbusinessgideasgbecomegviablegbusinessgopportunitiesgwithgfundedgbusinessgplans.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
2 :gItghasgbeengestimatedgthatgventuregcapitalistsginvestgingaboutg10gtog30gpercentgofgbusinessgpl
ansgpresentedgtogthem.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
3 :gSalary-
replacementgfirmsgprovidegtheirgownersgwithgincomeglevelsgcomparablegtogwhatgtheygcouldghavege
arnedgworkinggforgmuchglargergfirms.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
4 :gLifestylegfirmsgareggrowthgdrivengingtermsgofgrevenues,gprofits,gandgcashgflowsgandgalsogperformancegoriented
gasgreflectedgingrapidgvaluegcreationgovergtime.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
5 :gAngentrepreneurgmaygstartgagnumbergofgdifferentgtypesgofgbusinesses,gincludinggsalary-
replacementgfirms,glifestylegfirms,gandgentrepreneurialgfirmsgorgventures.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
6 :gEntrepreneurialgventuresgaregfirmsgthatgallowgownersgtogpursuegspecificglifestylesgwhilegbeinggpaidgf
orgdoinggwhatgtheyglikegtogdo.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
7 :gEntrepreneurialgventuresgemphasizegsurvivalgandgprovidinggangacceptableglivinggforgtheirgowners,gwithggrow
thgbeinggagsecondaryggoal.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
8 :gAgwell-
designedgentrepreneurialgventuregbeginsgwithgangideagthatgsurvivesganganalysisgofgitsgfeasibilitygandgre
mynursytest.store 1g/g14
,sultsgingagbusinessgplan.
mynursytest.store 2g/g14
, DOWNLA O: gAt r Du e gTHEgTestgBankgforgEntrepreneurialTáFinanceg7thgEditiongLeach
Bg:gfalse
CorrectgAnswerg:gA
9 :gThegprocessgofgmovinggfromgentrepreneurialgopportunitiesgtognewgbusinesses,gproducts,gorgservic
esgbeginsgwithgideas,gthengmovesgtogthegpreparationgofgagbusinessgplan,gandgfinallygendsgwithgagfeas
ibilitygstudy.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
10 :gAgsoundgbusinessgmodelgshouldgprovidegagplangtoggenerategrevenues,gmakegprofits,gandgprodu
cegfreegcashgflows.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
11 :gAgsoundgbusinessgmodelgisgagplangtoggenerateginvestorginterest,gmakegprofits,gandggrowgas
setginvestments.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
12 :gThegfirstgcomponentgofgagsoundgbusinessgmodelgisgthegneedgtoggenerategrevenues.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
13 :gForgventuresgthatggetgtogmarketgfirstgorgcreategintellectualgpropertygrights,gitgisgcommongtogpricegn
ewgproductsgorgservicesgatghighgmarkupsgorgprofitgmargins.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
14 :gAgsuccessful,gsoundgbusinessgmodelgdoesgnotghavegtogultimatelygproducegfreegcashgflows.
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gB
15 :gBestgpracticesgofghigh-growth,ghigh-
performancegfirmsgappliedgingthegmarketinggpracticesgareagincludeg"developinggnewgproductsgorgservicesg
thatgaregconsideredgtogbegthegbest."
Ag:gtrue
Bg:gfalse
CorrectgAnswerg:gA
mynursytest.store 3g/g14