20MS2004-Entrepreneurship and Product development

Identify the “social factors” affecting a business environment

•  Demographics, culture, and consumer trends

• Government regulations, trade policies, and political stability

• Interest rates, inflation, and economic growth

• New technologies, research and development, and innovation

A set of reasons for engaging in a particular human behavior is

• Motivation

• Values

• Vision

• Goal

The process of creating something new is called ____________.

• Innovation

• Creation

• Development

• Product

__________ technology is a technique for organizing and coordinating technology

management throughout the whole organization

• Business

• Innovation

• Thinking

• Modern

__________ is used for making product proposals and also assists in the marketing of new

products.

• Distribution Channels

• Existing products and services

• Federal government

• Consumers

The country in which Huffington Post was commercially run

• USA

• India

• China

• England

Which of the following is least likely to influence the timing of new business births?

• Weather conditions

• Profit

• Consumer expenditure

• Government Polics

First version of Microsoft windows was launched in the year

• 1989               

• 1988            

• 1987

• 1985

Innovation can best be defined as

• the successful exploitation of new ideas

• the evolution of new ideas

• Modification of Existing one

• the generation of new ideas

Co-founder of Apple is

• Steve Jobs     

•                       

  Tim Cook                   

• Milton Hershey 

• Bill Gates