M.COM
SEMESTER - II
NEW ENTERPRISE AND INNOVATIONS MANAGEMENT
(NEIM)
MCQS
a) Talent test
b) Financial test
c) Competitive test
d) Investor test
2. Costs are managed and budgeted based on the percentage of __________.
a) Net sales
b) Net profit
c) Income
d) Fiscal deposit
3. Assuming the necessary __________ is one of the aspects of entreprenurship.
a) Financial aids
b) Risks
c) Investors
d) Employees
4. The ______ is one in which the entrepreneur involves others in decision making process.
a) Mixed management style
b) Participative management style
c) Centralised management style
d) Change catastrophe
5. Changes in _________ are a major reason for growth of entrepreneurship.
a) Consumer tastes
b) Governmental policy
c) Political power
d) Service sector
6. _________ is a process in which persons are injected with motivations operations of achieved and in right to fact fully tackle uncertain and risky situations especially in business undertakings.
a) Financial process
b) Liberalization
c) Entrepreneurial support system
d) Selection
7. The _________ principle requires an entrepreneur to focus on most important issues, even under pressure.
a) Analysis
b) Effectiveness
c) Desire
d) Time
8. A __________ is an original, functional model of a new product that entrepreneurs can put in the hands of potential customers so that they can see it, test it, and use it.
a) Forecasts
b) Articles
c) Prototype
d) Trade associations
9. Too much ________ to meet consumer demands can be a drain on cash flow since manufacturing, transportation and storage costs would be borne by the venture.
a) Cash flow
b) Capital
c) Inventory
d) Demand and supply
10. Building organizational knowledge is necessary, and it is known as __________
a) Storing
b) Record keeping
c) Manufacturing
d) Tax consultation
11. __________ strategy attempts to penetrate this product or market further by encouraging existing customers to buy more of the firm's current products.
a) Diversification
b) Integration
c) Penetration
d) Product making
12. The shops that sell the ski accessories can sell tennis racquets and mountain bikes during summer. This kind of a strategy is known as __________.
a) Investment strategy
b) Product development strategy
c) Vertical integration
d) Diversification strategy
13. A ________ is privately held and usually achieves only modest growth due to the nature of the business, the objectives of the entrepreneur and the limited money devoted to research and development.
a) Foundation company
b) High potential venture
c) Lifestyle firm
d) LLP
14. The ________ is one of the conduit for commercializing the results of the synthesis of social need and technology.
a) Innovators
b) Investors
c) Government
d) Founders
15. In-spite of the importance of investment and innovation in the economic development of an area, there is still lack of understanding of __________.
a) Talent management
b) Marketing management
c) Product-evolution process
d) Technological processes
16. A __________ that values an individual who successfully creates a new business will spawn more venture formations than one that does not.
a) Culture
b) Sub-culture
c) Family
d) Peer
17. __________ strategy involves the new product use as a part of it.
a) Integration
b) Sales
c) Market development
d) Diversification
18. One of the pressures that an entrepreneur faces as a challenge is __________.
a) Pressure on entrepreneur's time
b) Pressure on the demand creation
c) Pressure of the technology
d) Pressure of the contracts
19. The growth opportunities occurs at the same level of the value added chain but simply involves a different but complementary value added chain. This is known as __________.
a) Backward integration
b) Forward integration
c) Horizontal integration
d) Vertical integration
20. A __________analysis determines the degree to which a product or service idea appeals to potential customers and identifies A the resources necessary to produce the product or provide the service.
a) Remedial action research
b) Product and service feasibility analysis
c) Pilot surveys
d) Focus group study
21. Periodically reviewing time management process and revisiting potential opportunities for delegation comes under the principle of __________.
a) Team work
b) Desire
c) Prioritised planning
d) Reanalysis
22. The entrepreneurial process has __________ distinct phases.
a) Two
b) Four
c) Three
d) Five
23. Entrepreneurship is the process of creating something new with __________ by devoting the necessary time and effort.
a) Creativity
b) Value
c) Devotion
d) Principles
24. __________ strategy involve selling a new product to a new market.
a) Diversification
b) Market product development
c) Product development
d) Penetration
Answer please
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