Question
Choose the best answer.
The Google Docs program is a great example of a(n) _____ as it allows businesses to collaborate on document creation electronically and in real time.
software support system
information support
fundraising support
none of these
Choose the best answer.
_____ is the practice of utilizing the internet to obtain business or project financing from a large number of people.
Net-financing
Crowdfunding
Crowd financing
Finance tracking
3) Choose the best answer.
What is an investment from a large number of individuals in the early stages of a startup in exchange for shares of the company?
finance crowdfunding
equity crowdfunding
startup crowding
equity crowding
4) Choose True or False. If False, choose the statement to make it True.
In business, a support resource is any piece of information, product, or resource that can help a business increase its chances of success.
False; In business, a support resource is any piece of information, product, or resource that can help a business increase its profits.
False; In business, a support resource is any piece of information, product, or resource that can help a business increase its bottom line.
True
5) Choose True or False. If False, choose the statement to make it True.
Today, the internet and its resources have become a chief tool in aiding entrepreneurs, particularly in fundraising.
False; Today, the internet and its resources are not an important tool in aiding entrepreneurs, particularly in fundraising.
True
False; Today, the internet and its resources are a secondary source in aiding entrepreneurs, particularly in fundraising.
6) Choose True or False. If False, choose the statement to make it True.
Entrepreneurs have found that raising small portions of capital from several individuals is far easier than raising lump sums from only a few.
True
False; Entrepreneurs have found that raising money is always difficult, whether large amounts from a few investors, or small amounts from many.
False; Entrepreneurs have found that raising large amounts of money from a few investors is easier than raising small portions of capital from many people.
7) Match the descriptions with the support resource types. Answers may be used more than once.
reading Forbes to study marketing trends
utilizing Intuit Quickbooks Online to track financial data
using Kickstarter to fund a new app startup
subscribing to various business publications such as Bloomberg Business and Wired Magazine to stay up to date on industry trends
crowdfunding
utilizing publications such as Entrepreneur to learn about new startup opportunities
using a task management system like Evernote to keep teams productive
taking advantage of a file-sharing system such as Google Docs so employees can collaborate on documents
using NextSeed to offer equity crowdfunding in a new startup
The Google Docs program is a great example of a(n) _____ as it allows businesses to collaborate on document creation electronically and in real time.
software support system
information support
fundraising support
none of these
Choose the best answer.
_____ is the practice of utilizing the internet to obtain business or project financing from a large number of people.
Net-financing
Crowdfunding
Crowd financing
Finance tracking
3) Choose the best answer.
What is an investment from a large number of individuals in the early stages of a startup in exchange for shares of the company?
finance crowdfunding
equity crowdfunding
startup crowding
equity crowding
4) Choose True or False. If False, choose the statement to make it True.
In business, a support resource is any piece of information, product, or resource that can help a business increase its chances of success.
False; In business, a support resource is any piece of information, product, or resource that can help a business increase its profits.
False; In business, a support resource is any piece of information, product, or resource that can help a business increase its bottom line.
True
5) Choose True or False. If False, choose the statement to make it True.
Today, the internet and its resources have become a chief tool in aiding entrepreneurs, particularly in fundraising.
False; Today, the internet and its resources are not an important tool in aiding entrepreneurs, particularly in fundraising.
True
False; Today, the internet and its resources are a secondary source in aiding entrepreneurs, particularly in fundraising.
6) Choose True or False. If False, choose the statement to make it True.
Entrepreneurs have found that raising small portions of capital from several individuals is far easier than raising lump sums from only a few.
True
False; Entrepreneurs have found that raising money is always difficult, whether large amounts from a few investors, or small amounts from many.
False; Entrepreneurs have found that raising large amounts of money from a few investors is easier than raising small portions of capital from many people.
7) Match the descriptions with the support resource types. Answers may be used more than once.
reading Forbes to study marketing trends
utilizing Intuit Quickbooks Online to track financial data
using Kickstarter to fund a new app startup
subscribing to various business publications such as Bloomberg Business and Wired Magazine to stay up to date on industry trends
crowdfunding
utilizing publications such as Entrepreneur to learn about new startup opportunities
using a task management system like Evernote to keep teams productive
taking advantage of a file-sharing system such as Google Docs so employees can collaborate on documents
using NextSeed to offer equity crowdfunding in a new startup
Answers
GPT-4o mini
Here are the best answers for each question:
1) The Google Docs program is a great example of a(n) **software support system** as it allows businesses to collaborate on document creation electronically and in real time.
2) **Crowdfunding** is the practice of utilizing the internet to obtain business or project financing from a large number of people.
3) An investment from a large number of individuals in the early stages of a startup in exchange for shares of the company is called **equity crowdfunding**.
4) True
5) True
6) True
7) Here are the matched descriptions with the support resource types:
- reading Forbes to study marketing trends: **utilizing publications such as Entrepreneur to learn about new startup opportunities**
- utilizing Intuit Quickbooks Online to track financial data: **using a task management system like Evernote to keep teams productive**
- using Kickstarter to fund a new app startup: **crowdfunding**
- subscribing to various business publications such as Bloomberg Business and Wired Magazine to stay up to date on industry trends: **utilizing publications such as Entrepreneur to learn about new startup opportunities**
- utilizing publications such as Entrepreneur to learn about new startup opportunities: **utilizing publications such as Entrepreneur to learn about new startup opportunities**
- using a task management system like Evernote to keep teams productive: **using a task management system like Evernote to keep teams productive**
- taking advantage of a file-sharing system such as Google Docs so employees can collaborate on documents: **taking advantage of a file-sharing system such as Google Docs so employees can collaborate on documents**
- using NextSeed to offer equity crowdfunding in a new startup: **crowdfunding**
(Each of the descriptions matches back to their respective resource types from the options given. If you need specific pairings, please reformat the list for me to address specific matches.)
1) The Google Docs program is a great example of a(n) **software support system** as it allows businesses to collaborate on document creation electronically and in real time.
2) **Crowdfunding** is the practice of utilizing the internet to obtain business or project financing from a large number of people.
3) An investment from a large number of individuals in the early stages of a startup in exchange for shares of the company is called **equity crowdfunding**.
4) True
5) True
6) True
7) Here are the matched descriptions with the support resource types:
- reading Forbes to study marketing trends: **utilizing publications such as Entrepreneur to learn about new startup opportunities**
- utilizing Intuit Quickbooks Online to track financial data: **using a task management system like Evernote to keep teams productive**
- using Kickstarter to fund a new app startup: **crowdfunding**
- subscribing to various business publications such as Bloomberg Business and Wired Magazine to stay up to date on industry trends: **utilizing publications such as Entrepreneur to learn about new startup opportunities**
- utilizing publications such as Entrepreneur to learn about new startup opportunities: **utilizing publications such as Entrepreneur to learn about new startup opportunities**
- using a task management system like Evernote to keep teams productive: **using a task management system like Evernote to keep teams productive**
- taking advantage of a file-sharing system such as Google Docs so employees can collaborate on documents: **taking advantage of a file-sharing system such as Google Docs so employees can collaborate on documents**
- using NextSeed to offer equity crowdfunding in a new startup: **crowdfunding**
(Each of the descriptions matches back to their respective resource types from the options given. If you need specific pairings, please reformat the list for me to address specific matches.)