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
Answer: Option B
This Question Belongs to Management >> Entrepreneurship And Innovation
A. Knowledge-based behaviour
B. Universal activity
C. Management is the vehicle of entrepreneurship
D. All of the above
The functions of Entrepreneurship includes
A. Establishing the enterprise
B. Project planning
C. Initiation and risk taking
D. All of the above
Which is the type of entrepreneurship?
A. Private entrepreneurship
B. Public entrepreneurship
C. Joint entrepreneurship
D. All of the above
A. James T. McCrory
B. David C. McClelland
C. James J. Berna
D. P. L. Tandon
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