Podcast
Questions and Answers
Which of the following is NOT a reason cited for the need for corporate entrepreneurship?
Which of the following is NOT a reason cited for the need for corporate entrepreneurship?
What concept did Steve Jobs refer to when discussing the Macintosh team?
What concept did Steve Jobs refer to when discussing the Macintosh team?
How do SMEs contribute to the economic environment according to the stated benefits?
How do SMEs contribute to the economic environment according to the stated benefits?
Which factor is highlighted as a benefit of SMEs in terms of resource utilization?
Which factor is highlighted as a benefit of SMEs in terms of resource utilization?
Signup and view all the answers
What is one of the long-term social effects of SMEs mentioned in the content?
What is one of the long-term social effects of SMEs mentioned in the content?
Signup and view all the answers
What is the maximum number of employees for a micro-enterprise?
What is the maximum number of employees for a micro-enterprise?
Signup and view all the answers
Which type of business has no specific social capital requirement?
Which type of business has no specific social capital requirement?
Signup and view all the answers
What is the minimum number of partners required for a Cooperative Company?
What is the minimum number of partners required for a Cooperative Company?
Signup and view all the answers
How is the entrepreneurial spirit measured in an economy?
How is the entrepreneurial spirit measured in an economy?
Signup and view all the answers
What defines a Small Enterprise in terms of turnover?
What defines a Small Enterprise in terms of turnover?
Signup and view all the answers
What is the minimum social capital required for a Joint Stock Company (S.A.)?
What is the minimum social capital required for a Joint Stock Company (S.A.)?
Signup and view all the answers
How many partners are needed to form a European Economic Interest Group (GEIE)?
How many partners are needed to form a European Economic Interest Group (GEIE)?
Signup and view all the answers
Which legal form is defined for individuals with no juridical personality?
Which legal form is defined for individuals with no juridical personality?
Signup and view all the answers
What percentage of SMEs contributed to the Gross Value Added (GVA) in all non-financial industries?
What percentage of SMEs contributed to the Gross Value Added (GVA) in all non-financial industries?
Signup and view all the answers
Which country has the highest density of SMEs per 1,000 inhabitants aged over 15?
Which country has the highest density of SMEs per 1,000 inhabitants aged over 15?
Signup and view all the answers
How many total active SMEs were reported in Romania in 2023?
How many total active SMEs were reported in Romania in 2023?
Signup and view all the answers
What year was the term 'intrapreneur' first coined?
What year was the term 'intrapreneur' first coined?
Signup and view all the answers
What is the total number of employees that SMEs are employing, approximately?
What is the total number of employees that SMEs are employing, approximately?
Signup and view all the answers
Which of the following organizations is NOT mentioned as an example of successful intrapreneurship?
Which of the following organizations is NOT mentioned as an example of successful intrapreneurship?
Signup and view all the answers
In 2024, how many newly registered firms are expected in Romania?
In 2024, how many newly registered firms are expected in Romania?
Signup and view all the answers
Which region in Romania had the highest number of active employees in 2023?
Which region in Romania had the highest number of active employees in 2023?
Signup and view all the answers
What is the main purpose of the Doing Business Report?
What is the main purpose of the Doing Business Report?
Signup and view all the answers
Which area is not measured by the Doing Business Report?
Which area is not measured by the Doing Business Report?
Signup and view all the answers
In the 2023 Doing Business Report, which country ranked first in trading across borders?
In the 2023 Doing Business Report, which country ranked first in trading across borders?
Signup and view all the answers
What index does the World Bank use to compare business regulations across economies?
What index does the World Bank use to compare business regulations across economies?
Signup and view all the answers
How many areas of business life does the Doing Business report measure?
How many areas of business life does the Doing Business report measure?
Signup and view all the answers
Which country is NOT in the top 5 for the overall Doing Business rankings?
Which country is NOT in the top 5 for the overall Doing Business rankings?
Signup and view all the answers
What does a higher ranking in the 'Ease of starting a business' indicate?
What does a higher ranking in the 'Ease of starting a business' indicate?
Signup and view all the answers
Which organization is responsible for developing the Global Entrepreneurship Monitor?
Which organization is responsible for developing the Global Entrepreneurship Monitor?
Signup and view all the answers
Which component of entrepreneurship includes the acceptance of risks and the need for self-realization?
Which component of entrepreneurship includes the acceptance of risks and the need for self-realization?
Signup and view all the answers
What is the primary purpose of the EntreComp questionnaire?
What is the primary purpose of the EntreComp questionnaire?
Signup and view all the answers
Which of the following is NOT a basic level of the EntreComp self-assessment?
Which of the following is NOT a basic level of the EntreComp self-assessment?
Signup and view all the answers
In the context of S.M.A.R.T goals, what does the 'R' in S.M.A.R.T stand for?
In the context of S.M.A.R.T goals, what does the 'R' in S.M.A.R.T stand for?
Signup and view all the answers
Which element is associated with 'Entrepreneurial skills' within the entrepreneurial components?
Which element is associated with 'Entrepreneurial skills' within the entrepreneurial components?
Signup and view all the answers
What characteristic is emphasized in setting S.M.A.R.T goals related to measurement?
What characteristic is emphasized in setting S.M.A.R.T goals related to measurement?
Signup and view all the answers
Which of the following skills is crucial for networking within the entrepreneurial skills component?
Which of the following skills is crucial for networking within the entrepreneurial skills component?
Signup and view all the answers
What should be considered to ensure that a goal is attainable within the S.M.A.R.T framework?
What should be considered to ensure that a goal is attainable within the S.M.A.R.T framework?
Signup and view all the answers
What percentage of the current world population is represented in the 2023/2024 GEM Report?
What percentage of the current world population is represented in the 2023/2024 GEM Report?
Signup and view all the answers
Which group of economies includes Romania as per the GDP per capita classification?
Which group of economies includes Romania as per the GDP per capita classification?
Signup and view all the answers
What is one of the positive impacts of entrepreneurial education (EE) according to the report?
What is one of the positive impacts of entrepreneurial education (EE) according to the report?
Signup and view all the answers
What does entrepreneurship (E) primarily refer to?
What does entrepreneurship (E) primarily refer to?
Signup and view all the answers
What is a strategic objective of public policies for growth and employment in Europe?
What is a strategic objective of public policies for growth and employment in Europe?
Signup and view all the answers
Which of the following is NOT one of the objectives of entrepreneurial education (EE)?
Which of the following is NOT one of the objectives of entrepreneurial education (EE)?
Signup and view all the answers
What was concluded in the EU/EC study regarding the impact of entrepreneurship programs in higher education?
What was concluded in the EU/EC study regarding the impact of entrepreneurship programs in higher education?
Signup and view all the answers
Which group of economies is hit the hardest by the pandemic according to the report?
Which group of economies is hit the hardest by the pandemic according to the report?
Signup and view all the answers
Study Notes
Entrepreneurial Phenomenon
- Entrepreneurship plays a crucial role in economies, fostering innovation and job creation.
- Small and medium-sized enterprises (SMEs) are vital components of economic ecosystems.
- Various legal structures for businesses exist, impacting entrepreneurial activity.
- Statistical indicators measure entrepreneurial spirit and activity.
- The SME sector and entrepreneurship are key to economic growth and resilience.
- Definitions for micro, small, and medium enterprises exist, categorized by employee number and turnover or balance sheet totals.
- Entrepreneurship can have a positive impact on individuals, fostering job creation and economic empowerment.
- A "unicorn company" is a private company valued at over $1 billion.
- Numerous factors incentivize entrepreneurial activity.
- 10 principles guide SME policy-making.
- An overall objective of SME policies is to reduce administrative burdens, foster entrepreneurship, improve access to finance, and enhance market entry.
- Key factors shape the entrepreneurial ecosystem in regions like Romania, as well as globally.
- Research methodologies help understand entrepreneurial phenomena across various scales.
- The Global Entrepreneurship Monitor (GEM) provides considerable data on entrepreneurship at the national and international levels.
- Resources like the Organization for Economic Cooperation and Development (OECD) and the World Bank offer further perspectives on entrepreneurial activity.
- "Doing Business" reports by the World Bank assess business regulations in countries.
- Entrepreneurial skills and attitudes, coupled with knowledge and resources, drive success.
- Specific goals with measurable criteria and realistic timelines enhance the chances of success.
- Specific and relevant data provides context for entrepreneurial initiatives.
SME Definitions
- Micro-enterprises: fewer than 10 employees, turnover/balance sheet total less than or equal to 2 million Euros.
- Small enterprises: fewer than 50 employees, turnover/balance sheet total less than or equal to 10 million Euros.
- Medium enterprises: fewer than 250 employees, turnover/balance sheet total less than or equal to 50 million Euros.
- Different types of enterprises include autonomous/independent, partnering, and linked enterprises, categorized by ownership percentages.
Legal Forms in Romania
- Businesses without legal personality: Authorized Physical Person (PFA), Individual Enterprise (II), Family Enterprise (IF).
- Trading companies include Limited Liability Firm (SRL), Joint Stock Company (SA), General Partnership Company (SNC), Limited Partnership Company (SCS), and Limited by shares partnership company (SCA), each with specific minimum capital requirements.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
Explore the critical role of entrepreneurship in driving economic growth and innovation through small and medium-sized enterprises (SMEs). This quiz covers key definitions, legal structures, and principles guiding SME policy-making, as well as factors affecting entrepreneurial activity. Test your knowledge on how these elements contribute to job creation and economic empowerment.
