Rafikiel Seyvunde
Quiz by , created more than 1 year ago

Moving from an idea to an entrepreneurial firm

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Rafikiel Seyvunde
Created by Rafikiel Seyvunde almost 8 years ago
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Chapter 9 ( Venture Formation)

Question 1 of 11

1

Venture team?

Select one of the following:

  • a group of founders, key employees, and advisers that move a new venture from an idea to a fully functional firm

  • a group of founders, board members, employees' and advisors who move to a new venture to create a fully and effective functional firm.

Explanation

Question 2 of 11

1

liabilities of newness

Select one of the following:

  • being able to quickly adjust to the start-up environment

  • adjust quickly enough to their new roles

Explanation

Question 3 of 11

1

What is the ideal size of the founding team? and what are the consequences?

Select one of the following:

  • heterogeneous and homogenous consequences that can lead to cultural issues and group think

  • none of the above....

Explanation

Question 4 of 11

1

What is prior entrepreneurship experience

Select one of the following:

  • prior experience and knowledge

  • prior experience and knowledge to develop start ups

Explanation

Question 5 of 11

1

relevant industry experience is an entrepreneurs ability to successfully launch and grow an industry firm that has already been studied

Select one of the following:

  • True
  • False

Explanation

Question 6 of 11

1

board of directors are a panel of individuals who are elected by a corporation's shareholders to oversee the management of the firm.

Select one of the following:

  • True
  • False

Explanation

Question 7 of 11

1

Insider director?

Select one of the following:

  • a person who is an officer for the firm

  • a police officer

  • a dog

Explanation

Question 8 of 11

1

an outsider director is someone who is not employed by the firm

Select one of the following:

  • True
  • False

Explanation

Question 9 of 11

1

the owner serves on the board of directors is known as signaling.

Select one of the following:

  • True
  • False

Explanation

Question 10 of 11

1

an advisory board is a panel of experts who are asked by a firms managers to provide counsel and advice on an ongoing basis

Select one of the following:

  • True
  • False

Explanation

Question 11 of 11

1

A consultant is an individual who gives professional or expert advice

Select one of the following:

  • True
  • False

Explanation

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