List of top Innovation & Entrepreneurship Questions

Scaling up of a business requires a firm to take care of following things:
(A) Hiring, retaining and motivating qualified employees
(B) Finding investors who share same goals
(C) Time management and work assignment ability
(D) Adequate market potential and opportune time
(E) Business idea experiencing
Choose the correct answer from the options given below:

Arrange the following stages of Entrepreneurship Creativity in sequence.
(A) Knowledge accumulation
(B) Incubation
(C) Implementation
(D) Idea experience
(E) Evaluation
Choose the correct answer from the options given below:

Match List-l with List-II
Choose the correct answer from the options given below:

List-I	List-II
(A) Intrapreneur	1- Value Addition
(B) Entrepreneur	2- Risk-taking in an organisational role
(C) Distributor	3- Calculated Risk- taking
(D) Customer	4- Utility Maximisation

Social Enterprise Obligation includes:
(A) Environment
(B) Fair Business Practices
(C) Community Involvement
(D) Energy
(E) Shareholder's Profit
Choose the correct answer from the options given below:

Which of the following factors must you judge to estimate the market potential?
(A) Present Market Demand
(B) Export Market Demand
(C) Future Market Demand
(D) Labour Demand
(E) Retailer's Consumption Preferences
Choose the correct answer from the options given below:

Which of the following can give an enterprise dealing in instant coffee a competitive edge ?

Given below are two statements:
Statement I: People's attitudes have changed over the years leading to involvement of State (Government) in businesses globally.
Statement II: Increasing technicality is leading to State (Government) to make interventions in businesses globally.
In the light of the above statements, choose the most appropriate answer from the options given below:

Which of the following is NOT a form of organisation to initiate a business/enterprise?

Design thinking involves which of the following stages?
(A) Prototyping
(B) Define
(C) Empathise
(D) Modelling
(E) Test
Choose the correct answer from the options given below:

Given below are two statements:
Statement: An entrepreneur can get a lot of quality information about competitors from company reports and its website.
Statement II: First step to avail finance for a new project is Promoter's Biodata.
In the light of the above statement, choose the correct answer from the options given below:

A corporate manager who starts a new initiative for their company/organisation which entails setting up a new distinct business unit can be regarded as:

Which of the following statements are correct?
(A) MUDRA loans under PMMY include Shishu Category
(B) MUDRA loans under PMMY include Kishore Category
(C) MUDRA loans under PMMY include Shaishav Category
(D) MUDRA loans under PMMY include Tarun Category
(E) MUDRA loans under PMMY include Vyask Category
Choose the correct answer from the options given below:

Which of the following is an example of speculative business risk?

The entrepreneur:

The primary function of a new age entrepreneur is innovation. This statement was/is proposed and propagated by:

Which are the BRIC countries?

Which of these theories involve taking a moderate amount of risk as a function of skill and not chance?

A person who improves an existing business is called

Entrepreneurship can be best described as

What is the full form of EPCG?

'Entrepreneur' means

The legal term for brand is

An entrepreneur who is the owner of more than one business is called

Given below are two statements: one is labelled as Assertion A and the other one is labelled Reason R.
Assertion A: AICTE, UGC, NITI AAYOG and commercial banks are coming up with many offerings to promote entrepreneurship.
Reason R: Govemment wants to develop pro-entrepreneurship and supporting environment in the country. In the light of the above statements choose the most appropriate answer from the option given below: