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Multiple Choice Quiz
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1
A model of growth firms involving management crises is attributed to:
A)Storey
B)Churchill and Lewis
C)Greiner
D)Gibrat
2
A model of growth firms involving chance is attributed to:
A)Storey
B)Churchill and Lewis
C)Greiner
D)Gibrat
3
Neo classical economics theory predicts that firms will grow until they reach:
A)A crisis of management
B)Minimum efficient scale
C)Maturity
D)Maximum sales revenue
4
A characteristic of the firm associated with growth is:
A)Well established and mature
B)Incorporation as a ltd. company
C)Dynamic management
D)Diversification
5
Which of the following areas is not associated with characteristics of growth firms?
A)Characteristics of the Shareholders
B)Characteristics of the Entrepreneur
C)Characteristics of the Firm
D)Characteristics of Strategy
6
Which of the following is not a characteristic of strategy associated with growth firms?
A)Recruitment strategy
B)Marketing strategy
C)Acquisition strategy
D)Financial strategy
7
A barrier to growth is most likely to be:
A)Access to property
B)Access to R&D facilities
C)Access to transport
D)Access to finance
8
In the Churchill and Lewis lifecycle model, after a period of development the entrepreneur may:
A)Devolve responsibility
B)Decentralise
C)Diversify
D)Disengage
9
Financial models of growth firms are criticised due to:
A)Failure to take due account of history
B)Failure to measure variables
C)Failure to identify characteristics
D)Failure to take due account of strategy
10
A successful growth entrepreneur is most likely to have been educated to which level?
A)Degree level
B)Post graduate level
C)Managerial and professional level
D)Manual level





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