Entrepreneurship development MG6071

Which of the following shows the process of creating something new?

• Business model

• Modeling

• Creative flexibility

• Innovation

Which one of the following gives suggestions for new product and also help to market new products?

• Existing products and services

• Federal government

• Distribution Channels

• Consumers

Which of the following is used by entrepreneurs to acquire experience in an international market before making a major commitment?

• Merger

• Minority Interest

• Joint venture

• Majority interest

GATT is established in 1947, under:

• German leadership

• U.S. leadership

• French leadership

• U.K. leadership

The entrepreneur was distinguished from capital provider in:

• Middle ages

• 17th century

• 18th century

• 19th and 20th century

A person who managed large project was termed as the entrepreneur in the _________.

• Earliest period

• Middle ages

• 17th century

• 19th and 20th century

What is the process by which individuals pursue opportunities without regard to resources they currently control?

• Startup management

• Entrepreneurship

• Financial analysis

• Feasibility planning

Having less than 50 percent of equity share in an international venture is called:

• Joint Venture

• Majority interest

• Minority interest

• Exporting

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

• Joint venture

• Majority interest

• Horizontal merger

• Diversified activity merger

Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?

• New business model

• Anatomization

• None of the given options

• Creative destruction