Which of the following statements are correct?
Statement I It is more likely that an entrepreneur will get a business idea through a weak-tie relationship (infrequent interaction between casual acquaintances), than through a strong-tie relationship (frequent interaction between friends and co-workers).
Statement II Brainstorming sessions are structured discussions that stay focused on one idea until an opportunity is identified.
Statement III Much of the effectiveness of a focus group session depends on the careful recruiting of over 20 participants.
A. Both I and II
B. Only III
C. Only I
D. Both II and III
Answer: Option C
Related Questions on 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

Join The Discussion