ENTREPRENEURSHIP DEVELOPMENT

Which of the following factors is the most important in forcing U.S companies to focus on new product development and increased productivity?

• Entrepreneurship

• Hyper competition

• Governmental laws

• Organizational culture

Which of the following is alternatively called corporate venturing?

• Entrepreneurship

• Intrapreneurship

• Act of stating a new venture

• Offering new products by an existing company

Which one of the following is an important source of idea generation due to their familiarity with the needs of market?

• Existing products and services

• Distribution channels

• Federal government

• Consumers

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

• Idea Stage

• Product Planning Stage

• Product Development Stage

• Test Marketing Stage

SBA stands for:

• Small business accountants

• Small business administration

• Small business adequacy

• Small business advisors

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

• Location

• Promotion

• Raw materials

• Labor skills

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

• Rs. 15 Lakh

• Rs. 20 Lakh

• Rs. 25 Lakh

• Rs. 30 Lakh

EDP (Entrepreneurship Development Programmes) is required to help:

• Existing entrepreneurs

• First generation entrepreneurs

• Future generations entrepreneurs

• None of the above

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?

• Ecopreneur

• Technopreneur

• Intrapreneur

• Social Entrepreneur

Family business always interested to handover the change of his business to:

• Indian Administration Officers

• Professional Managers

• Next generation

• None of the above