1. _______________ actions by an entrepreneur is most likely to contribute to creative destruction. A. Development of a new product 2. The resistance of employees in an organization against flexibility,
growth, and diversification can be overcome by developing_____________. A. Entrepreneurship 3. ______________ shows the process of creating something new. A. Innovation 4.
Which one of the following is an advantage of the small firm in the innovation process? A. Ability of the entrepreneur to carry out multiple tasks 5. The goals should be ____________ for the success of business plan. A.
Generalized 6. _________________ gives suggestions for new product and also help to market new products. A. Existing products and services 7. External links may provide incentives to ______________. A.
Attend business exhibitions 8. LMM stands for: A. Local Marble Market 9. _____________________ is used by entrepreneurs to acquire experience
in an international market before making a major commitment.
B. Take-over of a competitor
C. Issuing shares
D. Development of a new product
B. Managerial domain
C. Intrapreneurship
D. Administrative domain
B. Business model
C. Modeling
D. Creative flexibility
B. Ability to raise finance
C. Ability to carry out R&D
D. Ability of the entrepreneur to act on new ideas or product development
B. Specific
C. Limitless
D. Imaginary
B. Consumers
C. Federal government
D. Distribution channels
B. Introduce new working practices
C. Introduce improvements to products
D. Raise finance
B. Locally Manufactured Marble
C. Locally Manufactured Machinery
D. Local Meat Marke
A. Minority interest
B. Joint venture
C. Merger
D. Majority interest
10. Firms located on science parks are ____________ as compared to those located off science parks.
A. Less innovative
B. More innovative
C. No more or less innovative
D. More growth
orientated
11. ________________ is NOT essential part of the contract.
A. Place where contract takes place
B. Transaction should be described in detail
C. All the parties involved should be named
D. Obtain signatures of the persons involved
12. GATT is established in 1947, under____________.
A. German leadership
B.
French leadership
C. U.K. leadership
D. U.S. leadership
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Question No: 1
Which of the following shows the process of creating something new?
► Business model
► Modeling
► Innovation
► Creative flexibility
Question No.2 Which one of the following gives suggestions for new product and also help
to market new products?
► Existing products and services
► Distribution channels
► Federal government
► Consumers
Question No: 3
Which of the following is used by entrepreneurs to acquire experience in an international
market before making a major commitment?
► Merger
► Joint venture
► Minority interest
► Majority interest
GATT is established in 1947, under:
► German leadership
► French leadership
► U.S. leadership
► U.K. leadership
Question No: 5
The entrepreneur was distinguished from capital provider in:
► Middle ages
► 18th century
► 17th century
► 19th and 20th century
Question No: 6
A person who managed large project was termed as the entrepreneur in the _________.
► Earliest period
► Middle ages
► 17th century
► 19th and 20th century
Which one of the following is the process of entrepreneurs developing new products that over time?
Which of the following is used by entrepreneurs to acquire experience in an international market before making a major commitment?
Which one of the following is an important source of idea generation?
Which of the following is the most important in forcing US companies to focus on new product development and increased productivity?
Q. | Which of the following factors is the most important in forcing U.S companies to focuson new product development and increased productivity? |
B. | Hyper competition |
C. | Governmental laws |
D. | Organizational culture |
Answer» b. Hyper competition |