A patent is granted for a specified amount of time because of the assumption:
| A. | That during this time firm will cover its development costs |
| B. | That firm will earn a sufficient profit during this period |
| C. | To limit the monopoly of the firm |
| D. | That it will stimulate idea and development of a better product. |
|
Option: B Explanation : Click on Discuss to view users comments. |
Which one of the following is a barriers to news product creation and development
| A. | Trial and error |
| B. | Opportunity parameter |
| C. | Opportunity cost |
| D. | Intrapreneurship culture |
|
Option: B Explanation : Click on Discuss to view users comments. |
Which is the balance points of Entrepreneurship?
| A. | Means of social changes |
| B. | Increase in employment opportunities |
| C. | Optimum utilisation of resources |
| D. | All of the above |
|
Option: D Explanation : Click on Discuss to view users comments. |
