Tag: organization of commerce and management

Questions Related to organization of commerce and management

Entrepreneurial experience becomes increasingly important as ____________.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. work load increases

  2. complexity of venture increases

  3. complexity of work increases

  4. none of the above.

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Correct Option: B

Personal characteristics to be a successful entrepreneur includes ________.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. understanding environment

  2. creating management options

  3. encourage open discussion

  4. all of the above.

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Correct Option: D

Nearly two years ago. Amit launched a business that has just failed. As a typical Entrepreneur, what will he most likely do?

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. Go to work for a major corporation.

  2. Try to learn from his failed venture so that he will not make the same mistake in the future.

  3. Give up on becoming a successful Entrepreneur.

  4. Spend the rest of his life wondering what happened to high business.

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Correct Option: B

What has not been associated with entrepreneur's success?

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. Commitment and determination.

  2. Creativity, self-reliance and ability to adapt

  3. Leadership

  4. Motivation to fail.

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Correct Option: D

As per the report of Mckinsey and company Nasscom report, India needs at least ________ new business.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. 8000

  2. 9000

  3. 10000

  4. self-sufficient.

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Correct Option: A

Which one of the following has the primary motive of independence and ability to advance in the corporate rewards?

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. Traditional managers

  2. Entrepreneurs

  3. Intrapreneurs

  4. Administrative managers

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Correct Option: C

According to our discussion, what is the best way a government can support entrepreneurs?

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. Ensure for access to smart capital

  2. Provides advice and information at one stop shop

  3. Have access to right skill

  4. All of the above

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Correct Option: D

Entrepreneurs _________.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. recognize that their fear of failure outweighs their excitement for building a new business.

  2. see failure for what it really is: an opportunity to learn what doesn't work.

  3. recognize that failure is a natural part of the creative process.

  4. both (b) and (c)

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Correct Option: D

Is it necessary to focus on establishment of networks for entrepreneurs development?

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. Yes

  2. Partially yes.

  3. Completely false

  4. Can't say about it.

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Correct Option: A

In an international perspective, which of the following decisions are not covered under strategic planning of an entrepreneur?

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. What are unique characteristics of each market?

  2. Who should be involved in marketing decisions?

  3. What customers benefits are provided by the products?

  4. What are the company's major strengths and weaknesses?

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Correct Option: A