Tag: entrepreneurship development

Questions Related to entrepreneurship development

An informal group of innovative employees who are permitted to digress temporarily from their regular tasks to develop new ideas are referred to as:

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

  1. Underground

  2. Skunkworks

  3. Yahoos

  4. Intrapreneurs

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Correct Option: B
Explanation:

A skunkworks is a work developed by a loosely structured group small group of people who rsearch and develop work primarily for the sake of radical innovation. It is an informal group of innovative employees.

___________should prevail over realism.

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

  1. Optimism

  2. Pessimism

  3. Optimism or pessimism

  4. Optimism and pessimism

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Correct Option: A
Explanation:

Optimism means being hopeful and confidence about the future or success of something.

__________ may be defined as analysis and interpretation of the future conditions in relation to operations of the enterprises.

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

  1. Planning

  2. Forecasting

  3. Decision making

  4. Directing

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Correct Option: B
Explanation:

Forecasting means analyzing the future or about the future. It may be defined as analysis and interpretation of the future conditions in relation to operations of the enterprise.