Classical

Entrepreneurship and Innovation - Entrepreneurship and Innovation Questions

66:  

Match the following

List-I (Thinkers)                                    List-II (Books)

(A) Baumol, W. J. Litan, R. E. Schramm     1. Entrepreneurship in Business

                                                                    Enterprise

(B) Peter F. Drucker                                  2. Entrepreneurial Management

(C) Calvin                                                 3. Good Capitalism

(D) Pinchot G.                                           4. Intrapreneuring

                                                                5. Business

A.

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

1    2    3    4

B.

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

1    3    2    4

C.

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

3    1    2    4

D.

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

3    4    2    1

 
 

Option: C

Explanation :

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67:  

"An Entrepreneur always searches for change, responds to it and exploits it as an opportunity." Who said?

A.

M. S. Robert

B.

Peter F. Drucker

C.

C. J. Wex

D.

J. R. Tulsian

 
 

Option: B

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68:  

Arrange the following five steps of small business development in the order in which they shall occur

1. Survival 2. Success

3. Existence 4. Resource Maturity

5. Takeoff

A.

3, 1, 2, 5 and 4

B.

3, 2, 1, 4 and 5

C.

2, 3, 4, 1, and 5

D.

3, 2, 1, 5 and 4

 
 

Option: A

Explanation :

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69:  

Entrepreneurs are concerned about basic issues of

A.

Sales, costs and benefits

B.

Customers, sales and costs

C.

Risk, costs and benefits

D.

None of the above

 
 

Option: A

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70:  

The creative process for problem solving that involves making the strange familiar in first step and then making the familiar strange through personal, direct or symbolic analogy is called.

A.

Synectics

B.

Gordon method

C.

Checklist method

D.

Scientific method

 
 

Option: C

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