Multiple Response Quiz


1	What other macro-economic policies have governments used to stimulate the small firm sector?
		A)	Reduced the level of tax
		B)	Shifted the tax burden from direct to indirect measures
		C)	Simplified tax regulations and introduced self-assessment
		D)	Restrained economic growth, thereby minimising job opportunities and stimulating forced entrepreneurship and/or employment in new and small firms.
		E)	Encouraged large organisations and public sector institutions to buy from small firm suppliers
		F)	Helped new and small firms secure market opportunities overseas.


2	What is the purpose of micro-economic policies towards small firms? Are they intended to
		A)	Correct market failure?
		B)	Help new and existing business acquire the opportunities, skills and resources they need to survive?
		C)	Create employment opportunities in order to generate growth in the economy?
		D)	Strengthen economic competitiveness by creating a healthy, vibrant business sector?


3	For what purpose is "soft" support provided? Is it to help new and small firms acquire
		A)	general business skills?
		B)	more staff?
		C)	specialist expertise?


4	The purpose of public and semi-public support for new and small firms in the U.K. has been to
		A)	Reduce the levels of unemployment in the country
		B)	Raise awareness of the opportunities afforded by self-employment
		C)	Make it easier to start a business in the UK
		D)	Facilitate the growth of new and existing small firms


5	Which private sector organisations have been involved in supporting new and small firms
		A)	Financial services institutions?
		B)	Professional services organisations?
		C)	Large firms?

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