ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ are wealthy individuals or retired company executives who directly support small firms owned by others.
A
Angel Investors
B
Agents
C
Capitalists
D
Insurers
Explanation: 

Detailed explanation-1: -An angel investor is an individual who provides financial backing for small startups or entrepreneurs. Angel investors are typically wealthy individuals who have a keen interest in supporting new businesses; they may also be relatives or friends of the entrepreneur.

Detailed explanation-2: -An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses, including startups, usually in exchange for convertible debt or ownership equity.

Detailed explanation-3: -Angel investors are typically wealthy individuals or fellow entrepreneurs-rarely professional venture capitalists-who are willing to do whatever it takes to get a startup off the ground, which usually means money. In general, angel investing involves funding, advice and various kinds of management support.

There is 1 question to complete.