Entrepreneurship Management191. Which of the following shows the process of creating something new? Show
Correct
answer: (D) 192. Individuals influencing an entrepreneur's career choice and style are known as which of the following?
Correct answer: (B) 193. SBA stands for:
Correct answer: (B) 194. EDP (Entrepreneurship Development Programmes) is required to help:
Correct answer: (B) 195. A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be regarded as?
Correct answer: (C) 196. Which of the following is used by entrepreneurs to acquire experience in an international market before making a major commitment?
Correct answer: (B) 197. What is the process by which individuals pursue opportunities without regard to resources they currently control?
Correct answer: (B) 198. Which of the following factors is the most important in forcing U.S companies to focus on new product development and increased productivity?
Correct answer: (B) 199. Which one of the following is an important source of idea generation due to their familiarity with the needs of market?
Correct
answer: (B) 200. A performance and credit rating scheme has been launched by the MSME Ministry to assess creditworthiness and capabilities of industries in the sector. What is it called?
Correct answer: (A)  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 make current products obsolete?Answer: Creative Destruction is the process referred to in by economist Joseph Schumpeter to the process of entrepreneurs developing new products that over time make current products obsolete.
Which one of the following gives suggestions for new product and also help to market new products?The Distribution channels give suggestions for new product and als help to market new products. The distribution channels are chosen for providing ideas for new products because they are more familiar and have more understanding on the market needs.
Which one of the following actions by an entrepreneur is most likely to contribute to creative destruction?Development of new product by an entrepreneur are most likely to contribute to creative destruction .
Which one of the following is an important source of idea generation for entrepreneurs due to their familiarity with the needs of market?Market research is an important source of Idea generation due to familiarity with the needs of the market. Market research means the process by which a business firm can analyze whether the product or service would be readily accepted by the market and consumed by the potential consumer or not.
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Which of the following is used by entrepreneurs to acquire experience in an international market before making a major commitment?
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