1. A skills profile used a tool while building the startup team is a chart that despite the

a. Preferable skills and abilities of the members of a firms board of advisors

b. Preferable skills and abilities of the members of the firms board of directors

c. Most important skills that are needed in a business startup and where skill gape exist

d. Skills and abilities that will be needed for a firm to maintain an aggressive growth strategy

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2. ___________ networks are composed of relationships with various people who can provide direction and guidance

a. Task

b. Social

c. Career

d. Business

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3. _____________ is a better and preferred alternative to find/finance a new venture that is characterized as high on new idea (with technology or business model novelty) but relatively low on requirements for capital to become cash flow positive

Select one

a. Small business bank loans

b. Project finance from banks

c. Equity funding from angel investors

d. Debt financing

.

4. ___________ is an appropriate source of financing or funding for a business that has a high risk with an uncertain return with low to moderate growth prospects and unproven management

a. Personal funds and bootstrapping

b. Equity financing from angel investors

c. Debt financing from banks

d. Government grants

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5. From the following list of alternatives of equity funds, funding from __________ has relatively lowest cost of funds/capital

a. Incubators

b. Angel funds and networks

c. Venture funds

d. High network individuals (HNIs)

.

6. Terrestrial microwave, communications satellites, cellular phone systems, and packet and LAN radios are considered forms of telecommunications media even though they all use microwave and other radio waves for transmission

a. True

b. False

.

7. Telecommunication is rapidly moving from analog network technologies to digital transmissions systems that are designed to transmit information in the form of discrete pulses as computers do, which will enable movement of larger amounts of information at higher transmission speeds

a. True

b. False

8. Twisted-pair wire, or ordinary telephone wire, is a form of telecommunication media that is not capable of being used for the transmission of both and voice data

a. True

b. False

9. A major trend in telecommunication is the rapid movement away from the copper wire-based media to fiber optic lines and cellular, PCS, communication satellite, and other wireless technologies

a. True

b. False

.

10 . Voice over IP is a technology that allows a remote worker to function as if he or she were directly connected to a regular telephone network even while at home or in a remote office. An additional bonus is that the technology skips long-distance charges

a. True

b. False

.

11. Many companies today are using information technology to develop independent cross-functional enterprise system that cross the boundaries of traditional business functions in order to reengineer vital business processes all across the enterprise

a. True

b. False