Resource acquisition

An individual who is willing to invest personal capital in return for equity in the enterprise is appropriately termed

• Venture capitalist

• Preference shareholder

• Ordinary shareholder

• Angel investor

Which of the following is NOT a key external source of resource acquisition by an entrepreneur

• Joint venture

• outsourcing

• equity

• venture capitalist

Raising capital from selling shares in a venture is specifically

• angel funding

• leveraging

• gifts

• equity funding

Leveraging in a business venture is BEST described as

• the use of debt to acquire more assets for the venture

• Borrowing funds to pay off debts

• Accessing an overdraft facility

• Accessing money from family and friends

Financial funding (backing) offered to an entrepreneur in return for an equity position in his/her venture is known as

• leasing

• outsourcing

• angel funding

• supplier financing

Funds borrowed to finance a business is known as a

(a)  

A part of the labour force that does not work directly for the organization but is employed by a firm contracted by the organization to do a job

(a)  

They invest in start-up ventures with the expectation of high return on investment

(a)  

Staff available when skills are needed

(a)  

Two or more individuals or businesses collaborate on a particular business undertaking

(a)