Interrogation 3.O

An individual who initiates, creates and manages a new business can be called _____?

• A leader

• A manager

• An entrepreneur

• A professional

FULL FORM OF KFC?

• KENTUCKIES FRIED CHICKEN

• KENTUCKY FRIED CHICKEN

• KENTACKY FRIED CHICKEN

• KENTAKEY FRIED CHICKEN

Which could provide an individual with the motivation to start a new business venture?

• The financial rewards.

• A desire to be independent.

• Risk-taking

• All the above.

Why are small businesses important to a country’s economy?

• They give an outlet for entrepreneurs.

• They can provide specialist support to larger companies.

• They can be innovators of new products.

• All the above.

WHICH COMPANY WILL CLOSE ITS PHYSICAL STORE LOCATIONS PERMANANTLY?

• IBM

• MICROSOFT

• APPLE

• GOOGLE

Which industrial sector tends to naturally promote small-scale businesses and Entrepreneurship, and generally has lower barriers to market entry?

• Service.

• Manufacturing.

• Distribution.

• Agriculture.

Good sources of information for an entrepreneur about competitors can be obtained from_____?

• Websites.

• Product information leaflets.

• Company reports and published accounts.

• All the above.

Which of the following is the reason for business failure ____?

• Lack of market research.

• Poor financial control.

• Poor management.

• All the above.

Which one of the following is the most important characteristic of a successful business website?

• Innovation.

• Speed.

• Graphics.

• Products.

Which company has acquihired delivery startup Dailyjoy?

• Flipkart

• Amazon

• Google

• Lenskart