Entrepreneurial Networking and Investment Quiz

What is a social network in the context of entrepreneurship?

• A group of investors

• A collection of business partners

• Different groups of people an entrepreneur knows

• A list of potential customers

Why might friends and family be more willing to invest in an entrepreneur's business?

• They have a legal obligation

• They are guaranteed a return

• They have no other investment options

• They know and trust the entrepreneur

How can a friend help an entrepreneur if they cannot invest directly?

• By providing a referral to another potential investor

• By managing the business

• By buying products in bulk

• By offering a loan

What is the primary benefit of networking for entrepreneurs?

• It reduces business costs

• It simplifies business operations

• It helps in meeting and connecting with useful people

• It guarantees investment

How does social media assist entrepreneurs in finding support for their business?

• By allowing them to network with many people simultaneously

• By reducing the need for physical meetings

• By offering free advertising

• By providing financial advice