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MCQ Startup New Venture
MCQ Startup New Venture
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1. An individual who organizes or operates a business is known as ______
A. employee
B. entrepreneur
C. speculator
D. agent
2. The word entrepreneur has been derived from the French word which is called _______
A. entroprenture
B. entreprendure
C. entreprenture
D. ontreprendure
3. The resistance of employees in an organization against flexibility, growth and diversification can be over
A. Entrepreneurship
B. Intrapreneurship
C. Managerial domain
D. Administrative domain
4. Entrepreneurs are never satisfied with traditional or existing sources of materials due to their _____
A. unimaginative nature
B. habitual nature
C. traditional nature
A. Novice
B. Habitual
C. Serial
D. Portfolio
6. Which of the following is not one of the four phases of entrepreneurial development?
A. reality
B. ability
C. creativity Correct answer
D. capacity
8. Task presentation , Preparation , Incubation, Idea generation, Idea validation, Outcome assessment are all
A. stages of creativity
B. arena of creativity
C. result of creativity
D. loops of creativity
9. entrepreneurs are ________ in need-achievement
A. low
B. high
C. average
D. nutral
10. which of these is not a characteristic of an entrepreneur
A. dependence
B. vision
C. value addition
D. optimism
11. Entrepreneurs do not shoot in dark, they are not gamblers, Yes they do take risks but only __________ .
A. calculated risk
B. unspecified risk
C. vague risk
D. uncertain risk
12. entrepreneurship procedure is in which of these sequence ??
1. They see opportunities where others don’t.
2. They have a ‘vision’, a clear understanding of the concept and of what they’re trying to do.
3. They persuade others of their vision, they can communicate the concept effectively.
4. They gather resources to make their vision become a reality (money, people, things).
5. They organize these resources to create a new venture, product or market (leadership, teams).
6. They constantly change/adapt themselves according to the changing demands of the market.
A. 5>4>3>2>1>6
B. 1>3>2>5>4>6
C. 3>2>5>6>4>1
D. 1>2>3>4>5>6
13. What are the benefits of franchising?
D. All of these
14. Mc Donald is an example of _______.
A. Contract
B. Franchising
C. Joint venture
D. Agreement
15. The combination of skills permits _______ in dealing with local market conditions and yet provides the p
reasonable degree of control.
A. Flexibility Correct answer
B. Non flexibility
C. Only Non flexibility
A. All of these
B. Idea Generation
C. Idea screening
D. Commercialization
D. conjoint analysis
E. All of these
18. ______ Is the starting point of the technology transfer process.
A. Valorisation
B. Detection
C. Protection
D. Exploitation
19. TTO stands for
D. None of these
20. Which theory assumes that the consumer is a rational decision maker with well-defined, stable preference
skills to calculate which option will maximize his or her value and will choose on this basis?
B. attribution theory
D. calculated theory
E. affect theory
21. A metagoal refers to _________ .
A. None of these
A. bounded processing
B. working memory
C. bounded memory
A. Technology transfer
C. Detection
D. Exploitation
24. ________ detection should also involve a first assessment of the commercial potential before taking the f
A. None of these
B. Quality
C. Quantity
D. Both of these
25. Which of the following is a type of consumer choice process?
A. attribute-based choice
B. affective choice
C. attitude-based choice