Practice Financial Constraints - 2.7.1 | 2. Entrepreneurship | ICSE 11 Business Studies
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Financial Constraints

2.7.1 - Financial Constraints

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Practice Questions

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Question 1 Easy

What are financial constraints?

💡 Hint: Think about what makes it difficult for startups to get funding.

Question 2 Easy

Name one common source of financial constraints.

💡 Hint: Which term refers to something of value that secures a loan?

4 more questions available

Interactive Quizzes

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Question 1

What are financial constraints?

Limitations in accessing funds
Types of business licenses
High operational costs

💡 Hint: Think about the obstacles in getting funding.

Question 2

True or False: Crowdfunding is a traditional form of securing loans.

True
False

💡 Hint: Consider the nature of crowdfunding.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

As an entrepreneur, you're preparing to launch a new tech product but face high financial constraints. Every potential investment requires a proven track record you don't have. What alternative funding strategies would you explore, and how might networking help?

💡 Hint: Consider both community support and personal connections.

Challenge 2 Hard

You have a startup idea but are wary of taking on debt due to concerns about not being able to repay. Discuss how you might navigate the financing decision while balancing the risks of debt and equity.

💡 Hint: Think about your comfort with risk versus control in business decision-making.

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