Classical

Entrepreneurship and Innovation - Entrepreneurship and Innovation Objective Type Questions

21:  

Which is the cause of emergence of Entrepreneurship?

A.

Environmental factors

B.

Socio-cultural factors

C.

Individual factors

D.

All of the above

 
 

Option: D

Explanation :

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22:  

_____________ is the practice of starting new organisations or revitalising nature organisations particularly new business generally in response to identified opportunities.

A.

Partnership

B.

Marketing

C.

Research Management

D.

Entrepreneurship

 
 

Option: D

Explanation :

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23:  

The decision to start a new business is taken when one perceives that forming a new business is

A.

Possible

B.

Desirable

C.

Accurate

D.

Both (a) and (b)

 
 

Option: D

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24:  

Entrepreneurial experience becomes increasingly important as

A.

Work load increases

B.

Complexity of venture increases

C.

Complexity of work increases

D.

None of the above.

 
 

Option: B

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25:  

Individuals who help the entrepreneur in business activities are called

A.

Role models

B.

Moral support networks

C.

Professional support networks

D.

Business support networks.

 
 

Option: C

Explanation :

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