standardized test

Which of the following is NOT a key component for a venture's success success?

• The idea

• Feasible business plan

• The opportunity

• The educational background of the entrepreneur

All of the following are methods to generate ideas EXPECT

• Focus group

• Reverse brainstorming

• Algorithmic proposition

• Inventory analysis

A method of arriving at new ideas by focusing on problems is appropriately termed

• Problem checklist method

• Problem inventory analysis

• Problem solving

• Delphi method

Which of the following is NOT a key issue in evaluating ideas?

• Market place issues

• Feasibility study

• Rating ideas

• Entrepreneur educational background

All of the following are potential sources of opportunities EXCEPT

• Change in perception

• Internal human resources

• New knowledge

• A process need

An explanation of what a venture proposes to in terms of product , processes, organization structure and competitive advantage is BEST described as a/an

• Idea

• Opportunity

• Business concept

• Venture description

Which of the following is NOT a structural resource?

• Policies and practices

• Registered design

• Communication channels

• Formal and informal structures

An individual who is willing to invest personal capital in return for equity in the the enterprise is appropriately termed

• Venture capitalist

• Preference shareholder

• Ordinary shareholder

• Angel investor

Which of the following activities is NOT associated with the implementation stage of a venture?

• Organization design

• Designing the production function

• Designing the marketing function

• Design the accounting function

Effectiveness describes

• The relationship between input factors and outcomes

• The organizations ability to achieve its goals

• The acquisition of inputs at lowest costs

• The quality measures of performance