Entrepreneurship and Innovation

71

Which statement is true?

A) Venture capital is outside equity that comes from professionally managed pools of investor money B) Temporary working capital is the amount needed to meet seasonal or cyclical demand C) Permanent working capital is the amount needed to produce goods and services at the lowest point of demand D) All of the above

Discuss

Answer & Solution

Answer: Option D

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72

Which of the following statements is not true about intrapreneurship?

A) Intrapreneurship allows the freedom of experimentation and growth in an organisation B) An intrapreneur is able to interpret trends in the marketplace and visualise how the company needs to evolveto stay ahead of its competition C) It fosters autonomy and independence when studying every aspect of an issue and attempting to find the best resolution D) None of the above

Discuss

Answer & Solution

Answer: Option D

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73

Licensing is a significant marketing strategy to

A) Use intellectual property of others B) Pirate other's patents C) Grow the business in new markets D) Control the costs

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Answer & Solution

Answer: Option B

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74

Which of the following statements are correct with regard to MSMEs.
1. SIDBI has been entrusted with the responsibility of supporting and developing small business.
2. Sick units are referred tit BIFR.
3. Sick units are referred as SIDCO.
Select the correct answer

A) Only 1 B) Both 2 and 3 C) Both 1 and 3 D) All of the above

Discuss

Answer & Solution

Answer: Option C

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75

Which of the following is not included in technical analysis?

A) Determining the market supply and demand B) Deciding the layout of the facility C) Estimating the cost of fixed assets such as plant and machinery D) Planning about the waste disposal system

Discuss

Answer & Solution

Answer: Option A

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76

Which statement is true?

A) The product-based concept of quality focuses on an attribute of the product that is held in high regard B) Manufacturing-based quality or process quality, concerns the attention to detail in the construction and delivery of the product or service C) The transcendent approach to quality is philosophical and asks questions about the nature of things D) All of the above

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Answer & Solution

Answer: Option D

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77

Who is the chairman of the 'All India Small Scale Industries Board'?

A) Prime Minister B) President of SEBI C) Central Minister D) None of the above

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Answer & Solution

Answer: Option C

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78

In which one of the following years, the Government of India did not bring an Industrial Policy Resolution?

A) 1948 B) 1956 C) 1965 D) 1977

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Answer & Solution

Answer: Option C

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79

Which is the type of entrepreneur as per Clarence Danh of

A) innovative entrepreneur B) imitative entrepreneur C) fabian entrepreneur D) All of the above

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Answer & Solution

Answer: Option D

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80

. . . . . . . . is conducted to determine whether a proposed business has sufficient management expertise, organisational competence and resources to successfully launch its business.

A) A marketing plan B) Financial feasibility analysis C) Industry/market feasibility analysis D) Organisational feasibility analysis

Discuss

Answer & Solution

Answer: Option D

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