a.
survival stage
b.
startup stage
c.
rapid-growth stage
d.
early-maturity stage
ANSWER:
c
92. Which of the following statements is correct?
a.
the development stage occurs between the startup and survival stages of a venture's life cycle
b.
the early-maturity stage is the final stage of a new venture's life cycle
c.
firms typically begin to cover all expenses with internally generated funds during the survival stage
d.
during the startup stage, revenues grow much more rapidly than cash expenditures
ANSWER:
b
93. The last three stages of a successful venture's life cycle occur in the following order:
a.
startup, development, rapid-growth
b.
startup, survival, rapid-growth
c.
survival, rapid-growth, early-maturity
d.
development, startup, survival
ANSWER:
c
94. The stage that precedes the survival stage in a successful venture's life cycle is called the:
a.
rapid-growth stage
b.
early-maturity stage
c.
development stage
d.
startup stage
ANSWER:
d
95. During the early-maturity stage of a venture's life cycle, the primary source of funds is in the form of:
a.
mezzanine financing
b.
seasoned financing
c.
seed financing
d.
first-round financing
ANSWER:
b
96. The type of financing that occurs during the development stage of a venture's life cycle is typically referred to as:
a.
seed financing
b.
startup financing
c.
second-round financing
d.
mezzanine financing
ANSWER:
a
97. Mezzanine financing is associated with which of the following life cycle stages?
a.
development stage
b.
startup stage
c.
survival stage
d.
rapid-growth stage
ANSWER:
d
98. Entrepreneurial finance involves:
a.
planning
b.
planning and funding
c.
planning, funding, and operations
d.
planning, funding, operations, and valuation
ANSWER:
d
99. The first three stages of a successful venture's life cycle occur in the following order:
a.
development, startup, survival
b.
development, rapid-growth, survival
c.
startup, development, rapid-growth
d.
survival, rapid-growth, early-maturity
ANSWER:
a
100. The last stage in a successful venture's life cycle is called the:
a.
rapid-growth stage
b.
early-maturity stage
c.
development stage
d.
survival stage
ANSWER:
b
101. The type of financing that occurs during the survival stage of a venture's life cycle is typically referred to as:
a.
seed financing
b.
startup financing
c.
first-round financing
d.
mezzanine financing
ANSWER:
c
102. Which of the following would not be considered a type of venture financing?
a.
seed financing
b.
startup financing
c.
mezzanine financing
d.
seasoned financing
ANSWER:
d