Opportunities and Constraints for Enterprises

Which of the following is a source of internal finance for an enterprise?

• Venture capital

• Own funds

• Government grants

• Bank loans

What role do Local Enterprise Partnerships (LEPs) play in supporting local businesses?

• Providing direct financial loans to businesses

• Deciding investment priorities for local infrastructure

• Offering tax incentives to international companies

• Regulating business competition

Which of the following is an example of equity funding?

• Bank loan

• Crowdfunding

• Government grant

• Personal savings

Enterprise Zones (EZs) are designed to:

• Increase import tariffs

• Provide incentives for businesses to set up or expand

• Limit the number of new businesses in an area

• Offer free legal advice to entrepreneurs

Which strategy gives a company a competitive edge?

• Offering the same value at a higher price

• Providing greater value through differentiation

• Reducing product quality to lower costs

• Increasing prices without adding value

Which of the following is a source of external finance for your adventure with friends?

• Family and friends

• Business partners

• Venture capital

• Personal savings

What is the main effect of competition between Neha and Arthur's lemonade stands?

• They can increase prices without consequence

• They become more efficient

• They need less marketing

• They don't need innovation

Which of the following is a form of government funding for a tech startup?

• Peer-to-peer lending

• Share capital

• Start-up loans

• Business angels

Which external influence involves changes in technology affecting business operations?

• Economic climate

• Legal

• Technological

• Social

Who cares most about the financial performance of a business?

• Customers

• Government

• Shareholders

• Community