Classical

Entrepreneurship and Innovation - Entrepreneurship and Innovation Questions

46:  

Personal characteristics to be a successful entrepreneur includes

A.

Understanding environment

B.

Creating management options

C.

Encourage open discussion

D.

All of the above.

 
 

Option: D

Explanation :

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47:  

Which one of the following is the process of entrepreneurs developing new products that overtime make current products obsolete?

A.

Creative destruction

B.

New business model

C.

Anatomization

D.

None of the above

 
 

Option: A

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48:  

Entrepreneurship consists

A.

Knowledge-based behaviour

B.

Universal activity

C.

Management is the vehicle of entrepreneurship

D.

All of the above

 
 

Option: D

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49:  

Which one of the following should consider in economy while conducting environmental analysis?

A.

GNP

B.

Disposable income

C.

Unemployment

D.

Channel of distribution

 
 

Option: A

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50:  

Match the following

List-I (Type of Industry)   List-II (Nature of Industry)

(a) Synthetic process             1. Cement

(b) Analytical process             2. T.V.

(c) Processing industry          3. Sugar industry

(d) Assembling process          4. Petrol from crude oil

                                            5. Education

A.

(A) (B) (C) (D)

1    2    3    4

B.

(A) (B) (C) (D)

1    4    3    2

C.

(A) (B) (C) (D)

3    1    4    2

D.

(A) (B) (C) (D)

3    4    2    1

 
 

Option: B

Explanation :

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