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11
Which of the following are included as external factors affecting Industrial sickness?
1. Changes in fiscal and monetary policies
2. Price and distribution
3. Non-availability of inputs
4. Industrial relations
5. Capital market fluctuations
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
12
Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?
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Answer & Solution
Answer: Option A
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13
Analysis of the business environment includes
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Answer & Solution
Answer: Option D
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14
An entrepreneur doing business within the national border is called
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Answer & Solution
Answer: Option C
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15
Which of the following institutions use the Grameen Bank model?
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Answer & Solution
Answer: Option D
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16
Which environmental force pertains most to a trend such as the continual increase in the use of cell phones?
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Answer & Solution
Answer: Option B
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17
Which is not the type of entrepreneur?
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Answer & Solution
Answer: Option B
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18
Which is the features of venture capital?
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Answer & Solution
Answer: Option D
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19
A business idea becomes a good business opportunity when it covers which four of the following?
1. Attractiveness
2. Foreign collaborations
3. Political support
4. Timelines
5. Durability
6. Value addition to end user.
Discuss
Answer & Solution
Answer: Option C
Solution:
A good business opportunity isn't just about having a cool idea; it needs several key elements. Let's break it down based on the options.

1. Attractiveness: This is essential because your idea needs to appeal to customers. If they don't find it appealing, they won't want to buy it.

2. Foreign collaborations: While collaborations can help, they're not essential for every great business idea. Many businesses succeed without needing foreign partnerships.

3. Political support: Government support can be useful, but a business can still thrive without it. Many successful businesses started and grew without government backing.

4. Timelines: A good business opportunity needs to be launched and scaled within a reasonable timeframe. A delayed launch could cause you to miss out on key market opportunities.

5. Durability: The longevity of the idea matters. Will your business remain relevant and profitable in the future? It’s essential that your idea lasts over time.

6. Value addition to the end-user: This is crucial! If your business offers something truly useful or valuable to people, it’s more likely to succeed.

Thus, Option C (1, 4, 5, and 6) is the correct choice. A successful business opportunity needs to attract customers, be timely, have durability, and offer value to the user.
20
All of the following are the broad categories of External forces EXCEPT
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Answer & Solution
Answer: Option B
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