Entrepreneurship Management

261. Which of the following is correct?

  1. Incubators are used for getting initial funding for startups.
  2. Incubators are used for getting mentorship for startups.
  3. Both (a) and (b) are false.
  4. Both (a) and (b) are correct.
Correct answer: (D)
Both (a) and (b) are correct.

262. How does an Organization delivers value? Through

  1. By knowing what business they are into?
  2. By knowing what the World is doing?
  3. By knowing the politics of their Country.
  4. By understanding the people around.
Correct answer: (A)
By knowing what business they are into?

263. Looking at things with the innovative and innovation perspective India should be looking at the market growth with reference to products/areas of business/services like

  1. Energy and Food
  2. Entertainment
  3. Shipping
  4. Financial Management
Correct answer: (A)
Energy and Food

264. What is not part of the design thinker's profile?

  1. Empathy
  2. Integrative Thinking
  3. Creativity
  4. Functionality Focus
Correct answer: (D)
Functionality Focus

265. The ______________ plan shows whether the business is economically easible or not.

  1. Financial
  2. Business
  3. Technical
  4. Marketing
Correct answer: (B)
Business

266. Japanese term “Kaizen” is close to ______________

  1. Product innovation
  2. Process innovation
  3. Business model innovation
  4. None of the above
Correct answer: (B)
Process innovation

267. Which of the following can be a source of curiosity?

  1. Use of Social Media
  2. 5 G Mobile Technology
  3. Packaging wastages
  4. All of the above
Correct answer: (D)
All of the above

268. What is convergent thinking?

  1. The process of creating many solutions to one problem.
  2. The process of routine solutions to many problems.
  3. The process of coming up with a logical, single best solution to a problem
  4. The process of coming up with a logical solution to several problems.
Correct answer: (C)
The process of coming up with a logical, single best solution to a problem

269. What are the different types of assumptions to be validated in an experiment designed in

  1. Need
  2. Technical
  3. Positioning
  1. Only (i) and (ii)
  2. Only (ii) and (iii)
  3. Only (i) and (iii)
  4. All (i) , (ii) and (iii)
Correct answer: (A)
Only (i) and (ii)

270. A set of reasons for engaging in a particular behavior, especially human behavior is known as ______________

  1. Values
  2. Vision
  3. Entrepreneurship
  4. Motivation
Correct answer: (D)
Motivation
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