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SCNU_Exam_Summer_2010_Answer_Key

South China Normal University – Nanhai Campus Summer of 2010 Seminar in Entrepreneurship and International Management Comprehensive Exam – July 2nd, 2010 This exam consists of 43 questions in multiple choices, true and false, financial analysis and a scenario for a possible total of 200 points or 20% of your total grade. Questions 1 to 42 are worth 4 points each and question 43 is worth 32 points. The questions cover all material discussed in class for both, the entrepreneurship and management topics as follows: chapter 1 to chapter 8 in entrepreneurship and chapter 1 to chapter 4 in management The questions will be based mainly on the power point presentation and on the notes you have taken from my additional lecture content I have presented verbally and on the black-board. To answer the question, please select the correct answer and mark it with a circle . For a scenario question or a mathematical problem please follow the instructions in the question. You have 1.5 hour to complete your test. Please feel free to approach your professor should you require additional information. Good luck. Prof. Angelo Camillo Chapter 1 According to the ppt presentation, the number one reason that people become entrepreneurs is to: A realize financial rewards B reduce the risk in their lives C be their own boss D capture more of the spotlight E pursue their own ideas According to the textbook, entrepreneurs are what kind of risk takers? A forceful B moderate C high D low E aggressive According to our lecture, the most active age range for early stage entrepreneurial activity is: A 19 to 30 years old B 25 to 34 years old C 32 to 44 years old D 38 to 50 years old E 44 to 58 years old Which of the following answer represents “a written document that describes all the aspects of a business venture in a concise manner”? A business plan B business model C operations plan D corporate plan E contingency plan Chapter 2 Which of the following answer represents the

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