Quiz on Financing an Enterprise

What is a major challenge for start-up founders?

• Marketing products

• Hiring employees

• Raising funds

• Finding customers

Which funding option involves using personal savings or funds from family and friends?

• Crowdfunding

• Venture capital

• Bootstrapping

• Angel investment

What percentage of SME applications for funding are typically rejected by conventional banks in the UAE?

• 50-70%

• 30-40%

• 80-90%

• 10-20%

Which platform is regulated by the Dubai Financial Services Authority for crowdfunding?

• Kickstarter

• Beehive

• Eureeca

• Indiegogo

What is the primary role of angel investors?

• To provide loans with high interest

• To conduct market research

• To manage the start-up

• To invest in exchange for equity

Which fund supports local enterprises owned by UAE nationals?

• Mohammed Bin Rashid Fund

• Dubai SME

• Khalifa Fund

• All of the above

What is the maximum normal working hours for workers in the UAE?

• 6 hours/day

• 8 hours/day

• 10 hours/day

• 12 hours/day

What is the probationary period for new employees in the UAE?

• 2 years

• 3 months

• 1 year

• 6 months

Which of the following is NOT a type of franchise?

• Product distribution franchise

• Business format franchise

• Management franchise

• Corporate franchise

What is the primary purpose of a franchise agreement?

• To outline the payment terms

• To protect the franchisee's rights

• To protect the franchisor's intellectual property

• To establish a partnership