QUIZ 1

Having more than 50% ownership position that provides the entrepreneur with managerial control is called

• Joint venture

• Majority interest

• Horizontal merger

• Diversified activity merger

The resistance of employees in an organization against flexibility, growth and diversification can be overcome by developing

• Entrepreneurship

• Intrapreneurship

• Managerial domain

• Administrative domain

Licensing is a significant marketing strategy to

• Use intellectual property of others

• Pirate other's patents

• Grow the business in new markets

• Control the costs

LLC is more flexible than

• S corporation

• Limited Partnership

• Sole Proprietor

• All of the above

The relation of ordinary shares to preference share capital and loan capital is described as the

• Capital

• Capital structure

• Capital gearing

• Cost of capital

____________is the process of tracking the evolution, development and sequence of critical events that affect the survival and profitability of the future new business.

• Marketing

• Monitoring

• Scanning

• New venture's environment

The entrepreneur's ___________ depends on his perception of the opportunity

• Commitment to opportunity

• Commitment of resources

• Control of resources

• Strategic orietation

All of the following are the broad categories of External forces EXCEPT

• Economic forces

• Socioeconomical forces

• Technological forces

• Competitive forces

 Entrepreneurial endeavors consist of all of the following key elements. Except

• New business venturing

• Increasing productivity

• Innovativeness

• Proactiveness

Which is the advantage of fixed position layout?

• More flexibility

• Less capital investment

• Possible of different projects

• All of the above