Entrepreneurship Management

211. A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be regarded as?

  1. Ecopreneur
  2. Technopreneur
  3. Intrapreneur
  4. Social Entrepreneur
Correct answer: (C)
Intrapreneur

212. Venture capital is concerned with:

  1. New project having potential for higher profit
  2. New project of high technology
  3. New project having high risk
  4. All the above.
Correct answer: (A)
New project having potential for higher profit

213. GATT is established in 1947, under:

  1. German leadership
  2. U.S. leadership
  3. French leadership
  4. U.K. leadership
Correct answer: (B)
U.S. leadership

214. Having less than 50 percent of equity share in an international venture is called:

  1. Joint Venture
  2. Majority interest
  3. Minority interest
  4. Exporting
Correct answer: (C)
Minority interest

215. The level at which an individual is viewed by society is called:

  1. Financial status
  2. Qualification
  3. Social status
  4. Achievement
Correct answer: (C)
Social status

216. Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process?

  1. Idea Stage
  2. Product Planning Stage
  3. Product Development Stage
  4. Test Marketing Stage
Correct answer: (C)
Product Development Stage

217. A Micro Enterprise is an enterprise where investment in plant and machinery does not exceed (According to MSMED Act, 2006):

  1. Rs. 15 Lakh
  2. Rs. 20 Lakh
  3. Rs. 25 Lakh
  4. Rs. 30 Lakh
Correct answer: (C)
Rs. 25 Lakh

218. Which of the following is alternatively called corporate venturing?

  1. Entrepreneurship
  2. Intrapreneurship
  3. Act of stating a new venture
  4. Offering new products by an existing company
Correct answer: (B)
Intrapreneurship

219. Information regarding all of the following is related to operations, EXCEPT:

  1. Location
  2. Promotion
  3. Raw materials
  4. Labor skills
Correct answer: (C)
Raw materials

220. A Business Model is related to

  1. A way of doing Business
  2. A perspective and a mode of looking at Markets
  3. A mode of transaction
  4. A structure of doing business involving market analysis and planning, revenue model and a plan of interacting with all the stakeholders involved.
Correct answer: (D)
A structure of doing business involving market analysis and planning, revenue model and a plan of interacting with all the stakeholders involved.
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