Summary: Mc Questions 2014

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  • 1 MC questions 2014

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  • According to ... definition, an individual gainer from stocks is called an entrepreneur.

    Cantillon
  • According to Edgart and Shane 2003, ..... is one of the typical sources of opportunity

    Information asymmetries
  • In order to reduce agency problems, business angels are most likely to use the:

    Incomplete contracts approach
  • As discussed in lecture 6, there is a problem in developing policies for SME. What is this dilemma?

    The need for a rich diversity of policies for SME's versus the cost and complexity in tailoring these policies.
  • A typical venture capitalist is:

    And intermediary between investors and entrepreneurs.
  • According to Rauch and Frese 2007, ..... is a specific trait of an entrepreneur that allows a better prediction of entrepreneurial behaviour.

    Self-efficacy
  • The form that allows people to pre-order products when investing in a crowd funding project is called:

    Reward based
  • According to Wiltsbank and Salasvathy effectuation is NOT:

    A replacement for predictive rationality
  • The meaning of geographic space becomes localization in entrepreneurial economy. This mainly due to:

    Knowledge spill-overs
  • In marketing decisions, effectuators are less likely to...

    Use surveys and test marketing
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