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Entrepreneurship Quiz Question with Answer
21. Which of the following is alternatively called corporate venturing?
- Entrepreneurship
- Intrapreneurship
- Act of stating a new venture
- Offering new products by an existing company
22. Which of the following is used by entrepreneurs to acquire experience in an internationalmarket before making a major commitment?
- Merger
- Minority Interest
- Joint venture
- Majority interest
23. Which of the following shows the process of creating something new?
- Business model
- Modeling
- Creative flexibility
- Innovation
24. Which one of the following gives suggestions for new product and also help to market new products?
- Existing products and services
- Federal government
- Distribution Channels
- Consumers
25. Which one of the following is an important source of idea generation due to their familiaritywith the needs of market?
- Existing products and services
- Distribution channels
- Federal government
- Consumers
26. Which one of the following is the most important characteristic of a successful businesswebsite?
- Innovation
- Speed
- Graphics
- Products
27. Which one of the following is the next stage to the Concept Stage of Product Planning andDevelopment Process?
- Idea Stage
- Product Planning Stage
- Product Development Stage
- Test Marketing Stage
28. Which one of the following is the process of entrepreneurs developing new products thatover time make current products obsolete?
- New business model
- Anatomization
- None of the given options
- Creative destruction
29. Why should an entrepreneur do a feasibility study for starting a new venture
- To identify possible sources of funds
- To see if there are possible barriers to success
- To estimate the expected sales
- To explore potential customers
30. Having less than 50 percent of equity share in an international venture is called
- Joint Venture
- Majority Interest
- Minority Interest
- Exporting
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Question No: 1
Which of the following shows the process of creating something new?
► Business model
► Modeling
► Innovation
► Creative flexibility
Question No.2 Which one of the following gives suggestions for new product and also help
to market new products?
► Existing products and services
► Distribution channels
► Federal government
► Consumers
Question No: 3
Which of the following is used by entrepreneurs to acquire experience in an international
market before making a major commitment?
► Merger
► Joint venture
► Minority interest
► Majority interest
GATT is established in 1947, under:
► German leadership
► French leadership
► U.S. leadership
► U.K. leadership
Question No: 5
The entrepreneur was distinguished from capital provider in:
► Middle ages
► 18th century
► 17th century
► 19th and 20th century
Question No: 6
A person who managed large project was termed as the entrepreneur in the _________.
► Earliest period
► Middle ages
► 17th century
► 19th and 20th century