BUSINESS ORGANISATION AND ENTREPRENEURSHIP

BUSINESS ORGANISATION AND ENTREPRENEURSHIP

University

15 Qs

quiz-placeholder

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BUSINESS ORGANISATION AND ENTREPRENEURSHIP

BUSINESS ORGANISATION AND ENTREPRENEURSHIP

Assessment

Quiz

Business

University

Medium

Created by

Abhishek Thomas

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.       An entrepreneur who enters the market with a product or service which is based on a similar or improved product that is already existing is called:

Innovative entrepreneur

Replicative entrepreneur

Opportunity entrepreneur

Necessity entrepreneur

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An entrepreneur who enters the market with a product or service which is based on new technology is called:

Innovative entrepreneur

Replicative entrepreneur

Opportunity entrepreneur

Necessity entrepreneur

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the stage that immediately follows ideation in an entrepreneurial journey?

Prototyping

Testing

Validation

Commercialisation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To achieve customer acceptance, the entrepreneur must:

Identify the problem faced in the marketplace and find a creative solution

Identify the problem faced in financing for the project and raise finance

Identify ideas that qualify for government support and implement them

Identify good talent and build an organisation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A disruptive innovation is a potent combination of:

High technology and Low cost

Creative business model and High technology

Creative business model and low cost

High technology, Low cost and Creative business model

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The skill of generating new ideas is termed as:

Innovation

Invention

Creativity

Entrepreneurship

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An entrepreneur who starts business with the help of natural talents  is known as

Motivated entrepreneur

Induced entrepreneur

Spontaneous entrepreneur

Pure entrepreneur

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