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WorksheetsNEW VENTURE CREATION-MBA 722
Total questions: 15
Worksheet time: 8mins
BUSINESS IDEA is a concept that can be used for financial gain that is usually centered on a product or service that can be offered for money.
TRUE
FALSE
Innovation is the introduction of something new.?
TRUE
FALSE
A detail proposal describing the business idea?
Business Idea
Business Research
Business Plan
Business Framework
One of the importance of business innovation is to increase revenue?
TRUE
FALSE
IDEAS can be found only on Financial Institutions?
TRUE
FALSE
The stage in which the entrepreneur decides in future growth?
DISCOVERY
ACTUALIZATION
RESOURCING
HARVESTING
A mixture of a partnership and corporation?
PARTNERSHIP
LIMITED LIABILITY COMPANY
CORPORATION
NON PROFIT ORGANIZATION
Believe in the impossible is one of the mindset of innovation?
TRUE
FALSE
NOT SURE
Process innovation it makes things possible?
TRUE
FALSE
NOT SURE
BOTH
A small notebook with the problems written down and kept throughout a certain time-period is a Creative Problem Solving Technique called FREE ASSOCIATION
TRUE
FALSE
BRAINSTORMING is a method of generating ideas that obtains new ideas and solutions by focusing on problems.?
TRUE
FALSE
BOTH
NO ANSWER
The Stage in which the entrepreneur generates ideas, recognize opportunities?
HARVESTING
DISCOVERY
HARVESTING
ACTUALIZATION
Innovation should lead to higher profit?
TRUE
FALSE
DISTRIBUTION CHANNELS is a source of new ideas that refers to the ‘People?
TRUE
FALSE
Type of Business that operated for the benefit of the member of the organization?
COOPERATIVE
NON-PROFIT
SOLE PROPRIETORSHIP
CORPORATION
