What is a founder of a new business?
A capital company that has been commercially active on the market for many years.
A corporation that is starting a new commercial activity.
A person who takes up a commercial or self-employed professional activity.
A person who has been self- employed for many years.
What are the characteristics of entrepreneurs who are listed in the Global Entrepreneurship Monitor?
These are all adults who are about to start a business or who have been running a new business for no more than 42 months.
These are adults who have already been running a new business for one to 42 months.
These are exclusively adults who are just starting a business.
These are adults who are considering starting their own business in the future.
Who are nascent entrepreneurs?
People who are seeking to establish a company but have not yet done so.
People who completed their company foundation more than one year ago.
People who have completed founded a company within the last month.
People who completed their company foundation half a year ago.
In Schumpeter's understanding, what distinguishes an entrepreneur?
His or her innovative behavior. Replacing the old with the new is considered a "creative destruction" of the market balance.
His or her use of arbitrage opportunities. Here, an advantage is generated From incomplete information.
His or her profit motive. Goods are purchased at a fixed price and later sold at an uncertain price.
His or her organization of the production process. This involves the use of land, capital, and employment.
Why are SMEs important for economies?
They represent, by far, the largest number of enterprises and contribute more than 50% to added value and employment.
Although they represent only a small number of companies, they contribute more than 50% to research intensity and patents.
They represent a medium-sized number of companies and contribute more than 30% of the gross domestic product.
They represent only a very small number of companies, but they make a major contribution of more than 70% to the innovative strength of the country.
What is meant by an entrepreneurial opportunity?
A place where new resource-activity relationships are possible.
A situation in which a new purpose means relationships are possible.
A meeting place where completely new ideas are possible.
A meeting at which new supply contracts are concluded.
What is part of the evaluation of a business idea by a founder of a new business?
The organizational, financial, and personnel feasibility.
The feasibility in terms of time, location, and capacity.
The technical, market, and economic feasibility.
The normative, strategic, and operational feasibility.
What are the three main characteristics that distinguish entrepreneurs?
Humor, joie de vivre, and social commitment.
Performance motivation, self-efficacy expectations, and risk appetite.
Striving for power, greed for profit, and assertiveness.
Empathy, communication skills, and loyalty.
What helps entrepreneurs to deepen their business idea?
The COSTAR method.
The FROSTER method.
The CASPAR method.
The HAUSER method.
What does the so-called "value proposition" involve?
The promise of profit to the entrepreneur.
The value proposition to the customer.
The salary promise to the employees.
The promise of return to the investors.
What is innovation about?
Something expensive.
Something light.
Something quick.
Something new
Something new.
What does the "normative dimension" mean when describing an innovation?
An innovation is only present if an economic success is achieved.
An innovation is only present if it is included in the mission statement.
An innovation is only present if the company management sees it that way.
An innovation is only present if politicians consider something to be an innovation
How can innovation management be described?
As integrative design of business relationships.
As dispositive design of innovation processes.
As contrasting design of product developments.
As efficient design of the production processes.
What distinguishes the strategy of "stragglers?"
They bring a copy of already existing products onto the market.
They are too late in trying to recruit good employees.
They miss the right time to act.
They arrive late with their products on the market.
Which phases of innovation processes are distinguished?
Idea generation, acceptance, and realization.
Idea search, testing, design.
Think up, check, reject ideas.
Finding, discussing, and implementing ideas.
What types of sole proprietorships are there in Germany?
GmbH & Co KG and silent partnership.
Sole Proprietorship, Corporation. and S-Corporation.
General Partnership and Limited Partnership.
Small trade, sole trader, and freelance professions.
Which of the following statements applies to a small business operator?
He or she is a shareholder.
He or she is a merchant.
He or she is an investor.
He or she is a non-merchant.
Which statement is correct for a GbR society?
It is a legal entity.
It is an association of freelancers.
It is a commercial company.
It is a non-commercial company.
Which of the following statements applies to corporations in the USA?
They are a counterpart of the partnership, but with >3 persons.
They correspond to a sole proprietorship, but without a company name.
They are comparable to the OHG, but without its liability.
They are comparable to the GmbH, only without minimum capital.
Which of the following statements applies to the registration of a company in the USA?
A legal application is made to the court.
A personal introduction of the partners to the notary public takes place.
A registration and the entry in the commercial register take place.
There is only one registration with the respective federal agency.
What is the time period of the foundation phase?
From the idea to the market entry.
From the idea to the elevator pitch.
From market entry to establishment.
From market entry to break-even.
What is called pre-sales crowdfunding?
The crowd investment.
The classic crowdfunding.
The donation crowdfunding.
The crowd thing.
What are business angels?
Finance companies that have an exit strategy.
Private individuals that are part of a silent partnership.
Private investors who are actively involved.
Companies that participate.
Which of the following statements applies to venture capital companies?
They will always become the majority shareholder.
They do not take collateral from founders.
They remain permanently involved.
They are often active in management.
Who is supported by the EXIST program?
Founders from the social economy.
Founders from the health care industry.
Founders in the industry of science.
Founders from the creative industry.
Last changed2 years ago