Quiz on Financing and Managing Enterprises

What is a primary challenge for start-up founders when raising funds?

• Hiring employees

• Preparing a well-made strategy to find funds

• Creating a marketing strategy

• Finding a location for the business

Which funding option is most commonly used by start-ups in the UAE?

• Crowdfunding

• Angel investment

• Bootstrapping

• Venture capital

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

• 30-40%

• 10-20%

• 80-90%

• 50-70%

Which of the following is a regulated crowdfunding platform in the UAE?

• Kickstarter

• Indiegogo

• Beehive

• GoFundMe

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

• 6 hours/day

• 8 hours/day

• 10 hours/day

• 12 hours/day

Which law regulates the issue of securities for public joint-stock companies in the UAE?

• UAE Penal Code

• UAE Companies Law

• Federal Law No. 18 of 1981

• Federal Law No. 5 of 1985

What is the role of angel investors in the UAE?

• To offer government grants

• To provide loans with high interest

• To manage the start-up's operations

• To invest against an equity share in the company

What is the primary purpose of a franchise agreement?

• To regulate employee contracts

• To provide loans to the franchisee

• To protect the intellectual property of the franchisor

• To establish a partnership

Which of the following is NOT a type of leave entitled to workers in the UAE?

• Vacation Leave

• Maternity Leave

• Sick Leave

• Annual Leave

What is the main responsibility of the manager of a Limited Liability Company (LLC) in the UAE?

• To prepare the annual balance sheet and profit and loss account

• To handle all marketing strategies

• To recruit new employees

• To manage customer relations