University of North Carolina BUS 342-11D Quiz 1_2016

Question 1
1 / 1 pts
All enterprises less than 5 years old with average annualised growth in employees greater than 20% annually over a three year period and with 10 or more employees in the beginning of the observation period are called _____________.

High Growth Enterprises

Gazelles

Survived Enterprises.

Growth Enterprises

Question 2
1 / 1 pts
All enterprises with average annualised growth in employees greater than 10% per annum over a three year period are called high growth enterprises.

True


False


Question 3
1 / 1 pts
Which of the following economies is characterized by a big firm capitalism?

Hong Kong

Canada

Japan


The U.S.


Question 4
1 / 1 pts
Firing a worker could be most challenging in __________.

Venezuela

Germany

Canada

the U.S.

Question 5
1 / 1 pts
A higher proportion of EU respondents agreed than the U.S. respondents for the following statement: “My school education helped me to develop my sense of initiatives--a sort of entrepreneurial attitude".

True


False


Question 6
1 / 1 pts
_______________ of industrialized economies improved their corporate bankruptcy laws during 2004-2009.

more than half


less than half


three quarter


less than 25%


Question 7
1 / 1 pts
The broadband subscription rate per 100 inhabitants in 2011 was little over 1% in Congo.

True


False


IncorrectQuestion 8
0 / 1 pts
Singapore's GDP per capita in 2012 was about US$52,000. How much does it cost to start a new business in the country?


About US$2,000

Little over US$300

About US$900

Little over US$3,000

Question 9
2 / 2 pts
Informal activity as a percentage of GDP is ___ for low income countries and _____ for high income countries.

37%, 30%


47%, 31%


47%, 13%


16%, 39%


Question 10
1 / 1 pts
According to the Global Competitiveness Report 2011-2012, among the following economies, which one had the best political and economic foundations for long-term growth?

Sweden

Finland

Singapore

The U.S.

Question 11
1 / 1 pts
Lobbying is a productive entrepreneurial activity.

True


False


Question 12
0 / 1 pts
The proportion of informal economy in a country is independent of the country's level of economic development.

True


False


Question 13
0 / 1 pts
During 2006-2012, about half of the world's economies made improvements in business regulations.

True


False


Question 14
1 / 1 pts
Which of the following countries has a state-guided capitalism?

The U.S.


Germany


Japan


China


Question 15
1 / 1 pts
In Pew’s question: “Most people are better off in a free market economy, even though some people are rich and some are poor”, the lowest proportion of respondents that agreed was in _____.

Japan

Russia

Poland

China

Question 16
1 / 1 pts
The Global Entrepreneurship Week began in ______________.

2000


2009


2008


2004


Question 17
1 / 1 pts
Oligarchic capitalism is most likely to exist in _____________.

The U.S.


Japan


Ukraine

Canada


Question 18
1 / 1 pts
From a social point of view, all entrepreneurial activities are productive.

True


False


Question 19
1 / 1 pts
Less than 40% of Nigerians are under banked

True


False


Question 20
1 / 1 pts
Informal firms have only negative effects on the society.

True


False


Question 21
1 / 1 pts
Micro-entrepreneurs account for about a quarter of all businesses in the world.

True


False


Question 22
1 / 1 pts
According to Business Environment and Enterprise Performance Survey (BEEPS), female-managed firms were more likely to obtain a bank loan than male-managed ones.

True


False


Question 23
1 / 1 pts
It was found that minorities in the U.S. have exhibited higher rates ofentrepreneurship than whites.

True


False


Question 24
1 / 1 pts
In terms of the World Economic Forum' competitiveness index, the U.S. consistently ranked No. 1 every year from 2004 to 2012.

True


False