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46. A typical inventor is usually
Highly creative & in love with the invention
Does not encourage change
Willing to modify the invention in order to augment the commercial benefit
None of the given options.
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47. All of the following are essential to maintain secrecy EXCEPT
Train employees to refer sensitive questions to one person
Discuss business in a public place
Provide escorts for all office visitors
Use simple security such as locked file cabinets
48. Which one of the following is a sound strategic option for an entrepreneur when synergy is present?
Merger
Joint venture
Minority interest
Majority interest
49. The activity which occurs when the new venture is started is called
Motivation
Business skills
Departure point
Goal orientation
50. Which of the following is the most important for the entrepreneur, while starting a new venture, to make an assessment of?
Risk
Profit
Market
Competitors
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