A contract must be signed by:
1.At least one party
2.Both the parties
3.Not necessary to sign
4.By third party
Posted Date:-2021-11-19 15:17:35
A new venture's business plan is important because ______
1.It helps to persuade others to commit funding to the venture.
2.Can help demonstrate the viability of the venture.
3.Provides a guide for business activities by defining objectives.
4.All the above.
Posted Date:-2021-11-19 15:21:41
A patent is granted for a specified amount of time because of the assumption:
1.That during this time firm will cover its development costs
2.That firm will earn a sufficient profit during this period
3.To limit the monopoly of the firm
4.That it will stimulate idea and development of a better product
Posted Date:-2021-11-19 15:09:09
A typical inventor is usually __________
1.Highly creative & in love with the invention
2.Does not encourage change
3.Willing to modify the invention
4.Not enthusiastic
Posted Date:-2021-11-19 15:18:19
A ______ is a professional money manager who makes risk investment from a pool of equity capital to obtain a high rate of return on investments.
1.venture capitalist
2.entrepreneur
3.businessman
4.buyer
Posted Date:-2021-11-19 15:05:43
All of the following are the broad categories of External forces EXCEPT:
1.Economic forces
2.S Socioeconomic forces
3.Technological forces
4.Competitive forces
Posted Date:-2021-11-19 15:05:04
An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information?
1.Supplier
2.Retailer
3.Competition
4.Government bureau
Posted Date:-2021-11-19 15:14:54
An individual who initiates, creates and manages a new business can be called _____
1.A leader
2.A manager
3.A professional
4.An entrepreneur
Posted Date:-2021-11-19 15:20:54
Andrew Carnegie is an example of entrepreneur of which century:
1.Earliest period
2.19th and 20th century
3.Middle ages
4.None of these
Posted Date:-2021-11-19 15:07:03
Developing a new idea through inquiry and testing is called:
1.Forced relationship
2.Heuristics
3.Scientific method
4.Value analysis
Posted Date:-2021-11-19 15:19:29
EDPs course contents contains ______
1.General introduction to entrepreneurs.
2.Motivation training.
3.Managerial skills.
4.All the above.
Posted Date:-2021-11-19 15:24:08
Entrepreneurial success has been significant because of the culture and the political and economic systems in –––––
1.Asian countries
2.European countries
3.Transition economies
4.Middle East
Posted Date:-2021-11-19 15:11:30
External forces directly affect all of the following EXCEPT:
1.Market segmentation strategies
2.Types of products/services offered
3.Management structure of organization
4.Choice of businesses to acquire or sell
Posted Date:-2021-11-19 15:09:34
Female entrepreneurs differ from male entrepreneurs in terms of all of the following EXCEPT:
1.Motivation
2.business skills
3.Departure point
4.Goal orientation
Posted Date:-2021-11-19 15:14:34
Following are the types of non equity arrangements EXCEPT:
1.Licensing
2.T turnkey project
3.Direct export
4.Management contracts
Posted Date:-2021-11-19 15:10:21
Foundation companies are formed from:
1.Fashion
2.Research and development
3.Most popular business
4.winding up company
Posted Date:-2021-11-19 15:04:38
Gazelles are the firms with:
1.High growth rate
2. moderate growth rate
3.Zero% growth rate
4.Low growth
Posted Date:-2021-11-19 15:12:43
Government can help in forming new venture by providing:
1.finance
2.technology
3.infrastructure
4.funds
Posted Date:-2021-11-19 15:10:43
Government can help in forming new venture by providing:
1.Finance
2.Technology
3.Infrastructure
4.Subsidiaries
Posted Date:-2021-11-19 15:17:13
IFCI stands for ______
1.Industrial finance corporation of India.
2.Institutional finance corporation of India.
3.Industrial funding corporation of India.
4.Indian finance corporation and institution.
Posted Date:-2021-11-19 15:22:57
Intellectual Property laws can protect _______
1.Trademarks.
2.Copyright.
3.Patents.
4.All the above.
Posted Date:-2021-11-19 15:21:18
Members of distribution channels are excellent sources for new ideas because:
1.They are familiar with the needs of the market
2.They earn a handsome profit from new business
3.They do not bother if entrepreneur bears a loss
4.They have well-developed sales force
Posted Date:-2021-11-19 15:06:10
Professional support network includes following EXCEPT:
1.Personal affiliations
2.Mentor
3.Friends
4.Trade associations
Posted Date:-2021-11-19 15:13:05
SIPCOT's financial assistance is in the form of ______
1.term loan.
2.seed capital scheme.
3.underwriting the capital issues.
4.all of the above.
Posted Date:-2021-11-19 15:23:34
Someone legally appointed to resolve the financial difficulties of an insolvent firm is called _______
1.an administrator.
2.a predator.
3.an auditor.
4.a turnaround consultant.
Posted Date:-2021-11-19 15:22:33
The activity which occurs when the new venture is started are called:
1.Business skills
2.Motivation
3.Departure point
4.Goal orientation
Posted Date:-2021-11-19 15:07:29
The business plan should be prepared by:
1.Entrepreneurs
2.Consultants
3.Engineers
4.Small business administration services
Posted Date:-2021-11-19 15:07:52
The commitment of administrative domain to the resources is for:
1.Periodic intervals
2.Total amount needed
3.For certain tasks
4.For long time
Posted Date:-2021-11-19 15:19:07
The former USSR received technology and syrup from Pepsi and provided it with Soviet vodka and rights to distribute it in the US. This is an example of:
1.Economic development
2.Balance of payment
3.Barter system
4.International trade
Posted Date:-2021-11-19 15:16:10
The importance of intellectual property should be understood by entrepreneur even before:
1.Hiring a manager
2.Engaging an attorney
3.Developing a product
4.Establishing new venture
Posted Date:-2021-11-19 15:08:43
The longest lasting trade agreement with the objective of liberalizing trade by eliminating or reducing tariffs, subsidies and quotas is:
1.Free trade area - FTA
2.European community - EC
3.General agreement on tariffs and trade - GATT
4.The North American free trade agreement - NAFTA
Posted Date:-2021-11-19 15:11:07
The period in which the money person entered into a contract with the go-between to sell his goods is known as
1.Middle ages
2.18th century
3.17th century
4.Earliest period
Posted Date:-2021-11-19 15:13:27
The transitional disturbance and lack of reform has led to boom black market in:
1.China
2.Hungary
3.Singapore
4.Poland
Posted Date:-2021-11-19 15:11:52
What is the primary concern of founders who trade equity for capital for their growing venture?
1.Capitalization
2.Control
3.Valuation
4.Investor capabilities
Posted Date:-2021-11-19 15:08:16
Which of the following are described as one of the Big Five personality traits?
1.tolerance of others.
2.need for achievement.
3.propensity to leadership.
4.locus of control.
Posted Date:-2021-11-19 15:22:12
Which of the following areas are preferred by women entrepreneurs?
1.Administration
2.Organization
3.Utilities
4.Manufacturing
Posted Date:-2021-11-19 15:17:57
Which of the following cannot be covered under the copyright protection?
1.Computer software
2.Poems and songs
3.Computer hardware
4.Models and sculpture
Posted Date:-2021-11-19 15:20:26
Which of the following factors does not affect a person for being an entrepreneur?
1.Gender
2.Education
3.Family background
4.values
Posted Date:-2021-11-19 15:15:19
Which of the following factors does not affect a person for being an entrepreneur?
1.Work history
2.Nationality
3.Education
4.Personal values
Posted Date:-2021-11-19 15:15:49
Which of the following factors has allowed small companies to act like they are big ones?
1.Customers
2.Competition
3.Economic development
4.Technology.
Posted Date:-2021-11-19 15:12:16
Which of the following geographical area is having least interest to U.S. entrepreneurs?
1.Europe
2.The Far East
3.Central Asia
4.Transition economies
Posted Date:-2021-11-19 15:06:36
Which of the following is alternatively called corporate venturing?
1.Intrapreneurship
2.Entrepreneurship
3.Act of stating a new venture
4.Offering new products by an existing company
Posted Date:-2021-11-19 15:09:56
Which of the following is not a source of idea generation?
1.Consumers
2.Federal government
3.Brain storming
4.Training
Posted Date:-2021-11-19 15:20:04
Which one of the following is NOT a condition of a contract?
1.An offer is made
2.Consideration is given
3.An acceptance of offer
4.Contract must be illegal
Posted Date:-2021-11-19 15:16:41
Which one of the Following is not the way by which an entrepreneur can enter into international business?
1.Export
2.Non equity arrangements
3.Direct foreign investment
4.Communication
Posted Date:-2021-11-19 15:13:49
Which one of the following is the fourth step in the entrepreneurial process?
1.Developing successful business ideas
2.Initiating New rules
3.Deciding to become an entrepreneur
4.Growing the entrepreneurial firm
Posted Date:-2021-11-19 15:18:41
Which one of the following theory has the attribute of moderate risk taking as a function of skill, not chance?
1.Need for independence
2.Need for achievement
3.Need for affiliation
4.Need for authority
Posted Date:-2021-11-19 15:04:16
____ viewed the entrepreneur as a risk taker who "buy(s) at an uncertain price, therefore operating at a risk".
1.Eli Whitney
2.Edward hariman
3.Richard cantillon
4.Thomas Edison
Posted Date:-2021-11-19 15:14:11
________ is a form of financing especially for funding high technology, high risk and perceived high reward projects
1.Fixed capital.
2.Current capital.
3.Seed capital.
4.Venture capital.
Posted Date:-2021-11-19 15:24:33
________ is primarily concerned with the identification of the project demand potential and the selection of the optimal technology.
1.Techno-economic analysis.
2.Feasibility analysis.
3.Input analysis.
4.Financial analysis.
Posted Date:-2021-11-19 15:25:02