Biz Wiz

What is the term for the process of acquiring or merging with another

company to expand business operations?

• Divestiture

• Consolidation

• Downsizing

• Outsourcing

Who coined the term "creative destruction" to describe the process of innovation and

change in entrepreneurship?

• Karl Marx

• Joseph Schumpeter

• Adam Smith

• John Maynard Keynes

In the SWOT analysis framework, what does the "T" stand for?

• Technology

• Threats

• Trends

• Tactics

What is the term for the process of finding and attracting potential investors to

fund a startup?

• Crowdfunding

• Bootstrapping

• Angel investing

• Venture

What is the term for the practice of offering a lower-priced product or service

to gain market share and then increasing prices later?

• Price fixing

• Price

  skimming

• Price discrimination

• Predatory pricing

What concept refers to the process of bringing a new business idea to life and

nurturing it into a successful venture?

• Incubation

• Innovation

• Ideation

• Invention

What concept refers to the process of bringing a new business idea to life and

nurturing it into a successful venture?

• Incubation

• Innovation

• Ideation

• Invention

The "T" in a PESTLE analysis refers to :

• time

• technology

• training

• talent

EXIM Bank is a ______ level institution :

• State

• Regional

• All India

• International

In which of the following types , profit is the secondary objective?

• Private

• Social

• Joint

• Corporate