Czech Republic performs better than Romania in terms of the costs and processes for starting a business.True False Question 2 1 / 1 pts Poland is an EU member but not an OECD member. True

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 Quiz 2_2016
Question 1
1 / 1 pts
Czech Republic performs better than Romania in terms of the costs and processes for starting a business.True

False

Question 2
1 / 1 pts
Poland is an EU member but not an OECD member.

True

False

Question 3
1 / 1 pts
According to the text, of the world’s top ten economies that were  recognized for making most improvement in the ease of doing business,  what proportion were from the FSU&CEE economies?

two-fifth

a quarter

three-fourth

half

Question 4
1 / 1 pts
Russian economy is considered to be a pure capitalism.

True

False

Question 5
1 / 1 pts
Russian managers with experience in state-owned enterprises tend to take  a higher level of risk compared to those with experience only in  private sector.

True

False

Question 6
1 / 1 pts
LogMeln started from Hungary.

True

False

Question 7
1 / 1 pts
Russia is described as an example of entrepreneurially successful FSU&CEE economy.

True

False

Question 8
1 / 1 pts
SMEs account for 25% of GDP in Russia.

True

False

Question 9
1 / 1 pts
SMEs account for 15% of GDP in Poland.

True

False

IncorrectQuestion 10
0 / 1 pts
Among the following countries, it takes the longest time to start a business in ______.

Estonia

Russia

Bulgaria

Romania

Question 11
1 / 1 pts
Among the following economies, which one has the highest costs as a proportion of GDP required to start a new business?

Romania

Hungary

Poland

Bulgaria

Question 12
1 / 1 pts
All investors think that Russians and Romanians tend to perform poorly  compared to the Chinese and the Indian in the creation of high tech  startups needed for breakthrough innovations.

True

False

IncorrectQuestion 13
0 / 1 pts
Russia does not have any VC funds so that entrepreneurial firms in the country need to depend entirely on foreign VC investors.

True

False

IncorrectQuestion 14
0 / 1 pts
Among the following countries, which one has the least number of procedures required to start a new business?

Ukraine

Romania

Russia

Czech Republic

Question 15
1 / 1 pts
Secret service agents of which of the following countries engaged in organized crimes after the late 1980s?

Russia

Ukraine

Romania

Bulgaria

Question 16
1 / 1 pts
Which of the following countries has a state-guided capitalism?

The U.S.

China

Japan

Germany

Question 17
As a proportion of the GDP, in which of the following countries, it costs the least to start a business?

Bulgaria

Estonia

Poland

Hungary

Question 18
1 / 1 pts
Russian companies are not represented in the list of the World’s 50 Most Innovative Companies.

True

False

Question 19
1 / 1 pts
Europe’s largest antivirus company is in Finland.

True

False

Question 20
1 / 1 pts
The world’s largest privately-held Internet security company is in Russia.

True

False

Question 21
1 / 1 pts
In 2010, less than half of KL’s sales were from outside Russia.

True

False

Question 22
1 / 1 pts
In 1997, black market accounted for higher share of retail activity in Tajikistan than in Ukraine.

True

False

Question 23
1 / 1 pts
The “shadow economy” as a proportion of GDP is higher in Lithuania than in Russia.

True

False

Question 24
1 / 1 pts
There are no differences between political entrepreneurship in the U.S. and Russia.

True

False

Question 25
1 / 1 pts
The underground economy as a proportion of GDP in CEE economies is bigger than the EU average.

True

False

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