iversity of North Carolina BUS 342-11D Exam 1_2016
 Question Question 1
1.5 / 1.5 pts
Laws in most economies in the world allow selling equity stakes to crowdfunding backers.True
False
Question 2
3.5 / 3.5 pts
The village-phone model has been reported to be replicated in ____________________.
Cameroon
China
Canada
Czech Republic
Question 3
3 / 3 pts
In the EU economies, commercial banks are the main source of finance for ___________ of SMEs.
about four-fifth
about half
about one-fifth
about one-third
Question 4
1 / 1 pts
In the DRC, there is about one bank branch for every 100,000 inhabitants.
True
False
Question 5
0 / 2 pts
The supply-side perspective of entrepreneurship deals with sources of  opportunities and the entrepreneurial roles that need to be filled in an  economy.
True
False
IncorrectQuestion 6
0 / 1 pts
Micro-loans in the DRC are mainly used for capital investment.
True
False
Question 7
1 / 1 pts
In recent years, more and more microfinance is being supplied by investors interested in profits.
True
False
Question 8
1,5 / 1.5 pts
Microcredit organizations have found that the probability that poor people repay their loans is very low.
True
False
Question 9
2.5 / 2.5 pts
What is the proportion of young Russians, who said that they have successfully adapted to capitalism?
75
50
100
80
Question 10
3 / 3 pts
Repayment rates in microcredit organizations are in the_________ range.
50-60 percent
97-98 percent
5-10 percent
70-80 percent
Question 11
0 / 3 pts
Where ae most of the crowdfunding platforms (CFPs) located?
China
Japan
the U.K.
the U,S.
Question 12
3 / 3 pts
In the late 1990s, Western donors provided _________ per year for microcredit.
between US$4-5 billion
between US$400-500 billion
between US$100-200 million
between US$400-500 million
Question 13
0 / 2.5 pts
Managers in which of the following countries tend to have a ˜government takes care of everything culture?
China
Germany
India
Japan
Question 14
2.5 / 2.5 pts
The largest firms in _________________have shown reluctance to list on the stock market.
Korea
the U.S.
Colombia
China
Question 15
1 / 1 pts
Available evidence indicates that microfinance loans have been used by  all borrowers only to finance investment and not to pay for consumption.
True
False
Question 16
1 / 1 pts
Informal investments are higher than VC investments in the U.S.
True
False
Question 17
1 / 1 pts
More than half of adults in developing countries have bank accounts.
True
False
Question 18
1 / 1 pts
About a quarter of the U.S. adult population made informal investments during 2008-2010.
True
False
Question 19
2 / 2 pts
The government can do more to bring changes in informal institutions than in formal institutions.
True
False
Question 20
3 / 3 pts
Among the 20 largest IPOs worldwide in 2008, what proportion were from the emerging markets?
25%
50%
75%
90%
Question 21
3 / 3 pts
Among 20 largest IPOs worldwide in 2008, China and Saudi Arabia taken together accounted for ____________.
60%
40%
90%
75%
Question 22
2.5 / 2.5 pts
Entrepreneurship development pattern in the post-socialist economies  indicate that experience and training gained under the communist system  are vely helpful for developing management and business skills needed  for free marketentrepreneurship.
True
False
Question 23
3 / 3 pts
Which of the following is not true about a microfinance institution (MFI)?
An MFI tries to keep overhead expenses very low.
An MFI charges low interest rates with borrowers than charged by commercial banks.
An MFI tries to keep loan defaults low.
An MFI borrows funds at a low cost.
Question 24
1 / 1 pts
There are no MFIs in industrialized countries.
True
False
Question 25
1 / 1 pts
Acumen funds loans and projects are bigger than that are typically funded by MFIs.
True
False
Question 26
2 / 2 pts
How different ethnic groups differ in terms of their orientation to  entrepreneurship is studied under the supply-side perspective of  entrepreneurship.
True
False
Question 27
2 / 2 pts
Market capitalization as a proportion of GDP is among the lowest in _________________.
Japan
Singapore
Hong Kong
Armenia
Question 28
2 / 2 pts
Which of the following countries achieved the highest rank in The Global Cleantech Innovation Index 2012³?
the U.K.
Denmark
Israel
the U.S.
Question 29
2 / 2 pts
Initiatives coming from society are parts of formal institutions and new legal framework is a part of informal institutions.
True
False
Question 30
2.5 / 2.5 pts
In 2009, venture capital investments in Israel was ___________.
US$0.18 per person
1.8% of GDP
18% of GDP
less than 0.2% of GDP
Question 31
2 / 2 pts
A study of how technological changes influence entrepreneurship in a country comes under the demand-side perspective.
True
False
Question 32
2 / 2 pts
A study of how the policy of nation-states influence entrepreneurship in a country comes under the demand-side perspective.
True
False
Question 33
3 / 3 pts
In which of the following countries, middle classes are more inclined  toward real estate investments than investing in the stock market.
The U.K.
Mexico
Japan
the U.S.
Question 34
2 / 2 pts
The liquidity ratio for bank is the highest in __________.
the United Kingdom
Colombia
the U.S.
Argentina
Question 35
0 / 3.5 pts
Which of the following is an institutional factor influencing entrepreneurship in an economy?
Access to capital
Anti-entrepreneurship societal norms
Gross national product
Balance of payment
Question 36
2.5 / 2.5 pts
Where is Timbro from?
France
The U.S.
Denmark
Sweden
Question 37
2 / 2 pts
Womens education in a country comes under ____________.
social infrastructure
domestic macro environment
global macro environment
physical infrastructure
Question 38
1 / 1 pts
China has better developed infrastructures than in India.
True
False
Question 39
1.5 / 1.5 pts
The liquidity ratio for banks is higher in the United Kingdom than in the U.S.
True
False
Question 40
2 / 2 pts
Private credit as a percentage of GDP is ___ for low income countries and _____ for high income countries.
12%, 25%
25%, 85%
12%, 30%
12%, 85%
Question 41
1 / 1 pts
In the World Bank Groups Doing Business 2010 report, Bulgaria ranked first in the Central and Eastern European region.
True
False
IncorrectQuestion 42
0 / 2 pts
Starting a business requires ________ in Angola.
more than 8 times per capita income
twice the per capita income
more than 10 times per capita income
more than 5 times per capita income
Question 43
1 / 1 pts
Timbro is a China-based think tank.
True
False
Question 44
2 / 2 pts
Studies have shown that people who have a formal title to their property are likely to invest up to _____ more in businesses.
37%
31%
47%
16%
Question 45
1 / 1 pts
Colombian informal economy employs less than a fifth of the countrys population.
True
False
Question 46
2 / 2 pts
In the EU economies, commercial banks are the main source of finance for about ___ of SMEs.
100%
a quarter
four-fifth
half
Question 47
2 / 2 pts
In China, small and medium sized enterprises (SMEs) account for _____of new jobs
65%
50%
25%
75%
Question 48
1 / 1 pts
In 2007, more than half of families in Bogotá had access to a financial system.
True
False
Question 49
1 / 1 pts
In 2010, Ethiopia was named as the best East African country to do business
True
False
Question 50
0 / 2.5 pts
Which of the following has the lowest share of nonagricultural workforce that is informal?
Brazil
India
Sub-Sahara Aafrica
Pakistan
Question 51
2.5 / 2.5 pts
In which of the following economies, market-based banking forces banks to achieve high returns?
the DRC
India
OECD
China
Question 52
Which of the following is not an entrepreneurial impact?
formalization of the informal sector
economic growth
poverty reduction
economic redistribution
Question 53
1.5 / 1.5 pts
In most cases, informal businesses are large.
True
False
Question 54
3.5 / 3.5 pts
In which of the following country, many employees want nationalization  of their companies so they can become government employees?
The U.S.
Venezuela
India
The Philippines
Question 55
1.5 / 1.5 pts
Most of the loans Chinas four largest banks are given to SMEs .
True
False
Question 56
1.5 / 1.5 pts
Returns on VC funds to investors in the U.S. have been about twice as much as the average of stocks
True
False
Question 57
2 / 2 pts
In Haiti, there is one bank for every ___________ people.
.
5,000
50,000
100,000
1,000,000
Question 58
1.5 / 1.5 pts
Most young Russians have a favorable attitude towards the countrys wealthy business tycoons.
True
False
Question 59
1.5 / 1.5 pts
Less than half of the young Russians said that they have successfully adapted to capitalism.
True
False
Question 60
2.5 / 2.5 pts
Which of the following is not one of the main building blocks of The OECD/EUROSTAT framework for Entrepreneurship Indicators?
performance
impacts
globalization
determinants
Question 61
1 / 1 pts
All enterprises less than 5 years old with average annualised growth in  employees greater than 20% per annum over a three year period and with  10 ore more employees in the beginning of the observation period are  called _____________.
Growth Enterprises
Gazelles
High Growth Enterprises
Survived Enterprises.
Question 62
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 63
1 / 1 pts
Singapores GDP per capita in 2012 was about US$52,000. How much does it cost to start a new business in the country?
Little over US$3,000
About US$2,000
Little over US$300
US$900
Question 64
1 / 1 pts
Which of the following countries is the most friendly to small businesses?
Indonesia
India
Brazil
New Zealand
Question 65
1 / 1 pts
In terms of venture activity, Israels Tel Aviv is the largest hub in the world.
True
False
Question 66
1 / 1 pts
Colombia is Latin Americas biggest oil producer
True
False
University of North Carolina BUS 342-11D Exam 1_2016