Which one of the following is NOT included in four C's evaluation by lender?
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Which one of the following guide the firm through the long term decision making.
A. Mission statement
B. Product forecast
C. Industry analysis
D. None of the given options
Answer: A
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Which one of the following is NOT an environmental factor for an entrepreneur?
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Which of the following perspectives should be considered while preparing business plan?
A. It helps determine the viability of the venture in a designated market.
B. It gives guidance in organizing planning activities
C. It serves as an important tool in obtaining financing.
D. All of the above
Answer: D
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Which one of the following is the main problem for the entrepreneur in the beginning stages of creating a new venture?
A. Lack of experience
B. Limited resources
C. Lack of education
D. None of the given
Answer: B
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Licensing is a significant marketing strategy to.
A. Use intellectual property of others
B. Pirate others' patents
C. Grow the business in new markets
D. Control the costs
Answer: A
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All of the following are essentials to maintain secrecy, EXCEPT.
A. Train employees to refer sensitive questions to one person
B. Discuss business in public places
C. Provide escorts for all office visitors
D. Use simple security such as locked file cabinets
Answer: B
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Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process?
A. Idea Stage
B. Product Planning Stage
C. Product Development Stage
D. Product Planning Stage
Answer: C
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A/an ______ is an online connection between the company and its customers.
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Which of the followings is NOT followed in brainstorming?
A. Criticism is done by the group members
B. The wilder idea is better
C. Quantity of ideas is required
D. The session should be fun, with no on dominating the discussion
Answer: A
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