One reason that entrepreneurs in developing countries have a hard time creating and growing business is becauseMultiple Choicegovernment regulation makes starting a business impossible.of government corruption.they have more access to capital and resources.the infrastructure is already in place.most consumer needs have already been met.

Which one of the following is a challenge faced by entrepreneurs in your country.Question 18Answera.Lack of employmentb.Supportive government policiesc.Unregulated competitiond.Low interest rates

What are some of the common challenges faced by entrepreneurs in the chosen country? Question 1Answer a. access to international markets b. poor quality infrastructure c. lack of government subsidies d. low levels of demand

Which of the following is a necessary condition for entrepreneurial success in the chosen country?Question 8Answera.high levels of corruption.b.political instability.c.access to venture capital.d.low levels of education

One possible reason for slower growth in developing and transition countries is A. capital can be directed to its most productive use. B. strict accounting standards are too stringent for the banks to meet. C. the severity of adverse selection and moral hazard problems. D. the weak link between government and financial intermediaries

There are numerous reasons why individuals want to run their own businesses. Some foresee more personal satisfaction if they succeed in launching their own business, while others are mainly interested in the prospect of larger financial rewards. Since 1980s and early 1990s, tax regulation and liberal policies have encouraged increasing number of venture capitalists and entrepreneurs to start new enterprises. Since 1990, one and a half million new ventures have been started. Not all have succeeded. The above statement makes which of the following assumptions?Choices:- Success in starting a new business largely depends on sound financial planning Venture capitalists are motivated by non-monetary gains    Social incentives motivate investors just as much as financial rewards None of these