Classical

Entrepreneurship and Innovation - Entrepreneurship and Innovation Objective Type Questions

6:  

Which one of the following is an important source of idea generation due to their familiarity with the needs of market?

A.

Existing products and services

B.

Distribution channels

C.

Federal government

D.

Consumers

 
 

Option: A

Explanation :


7:  

The chief motivational factor for __________ entrepreneurs to leave jobs is the frustration of not being allowed to perform at the level of which they are capable.

A.

Male

B.

Female

C.

Young

D.

All of these

 
 

Option: D

Explanation :


8:  

The Grameen Bank model is affectively used by which of the following institute?

A.

Education sector

B.

Finance Sector

C.

Rural Sector

D.

NGOs

 
 

Option: D

Explanation :


9:  

What can be the effect on cash flows due to delays in payments by the clients?

A.

Positive cash flows

B.

Negative cash flows

C.

No effect on cash flows

D.

None of the given options

 
 

Option: B

Explanation :


10:  

Which of the following statements about the entrepreneurial climate is (are) true?

A.

Trial and error are discouraged

B.

Resources of the firm need to be available and easily accessible.

C.

A multi-disciplinary approach is discouraged.

D.

Failure are not allowed.

 
 

Option: B

Explanation :




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