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Multiple Choice Quiz
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1
A factor that does not contribute to the globalisation of the economy is
A)Increased communication
B)Flexible labour markets
C)Greater political instability
D)The knowledge economy
2
A nation state that would be classified as transition economy is:
A)UK
B)Germany
C)Poland
D)Kenya
3
The GEM model does not include which of the following factors that affect entrepreneurial activity:
A)Political governments
B)Demography
C)Education
D)Culture
4
High level entrepreneurship is characterised by:
A)Schumpetrian entrepreneurship
B)Casson’s entrepreneur
C)Knight’s entrepreneur
D)Kirznerian entrepreneurship
5
Low level entrepreneurship is characterised by:
A)Schumpetrian entrepreneurship
B)Casson’s entrepreneur
C)Knight’s entrepreneur
D)Kirznerian entrepreneurship
6
Which of the following is not a characteristic of later stage development of transition economies?
A)Legislative framework
B)Investment finance
C)Advanced networks
D)Develop business support
7
An appropriate strategy for a technology-based firm to internationalise might be:
A)Through an overseas agent
B)De novo overseas operation
C)Through the Internet
D)Through direct distribution
8
Which of the following is classed as an emergent entrepreneurial nation?
A)UK
B)Germany
C)Poland
D)Kenya
9
Advanced entrepreneurial development is characterised by:
A)Business support for SMEs
B)Legislative framework
C)Investment finance
D)Trust and co-operation in SMEs
10
In assessing the level of entrepreneurial activity, the GEM model measures does not attempt to measure:
A)Economic infrastructure
B)Demographic features
C)The level of education
D)Culture





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