Subject : Startup & New Venture Mgt

Question

ID

Semester : III
a

The resistance of employees in an organization against

1 flexibility, growth, and diversification can be overcome by
developing:

Entrepreneurship

2 For the success of business plan the goals should be

Limitless

3 Which of the following is NOT essential part of the contract?

All the parties involved should

be named

Normally sponsor links are used in which of the following

type of promotion?

The Grameen Bank model is affectively used by which of the

Education sector
following institute?

Which one of the factors should be considered while assessing

Parking
the space for business?

Which of the following usually is NOT deducted to the

Salaries?

Which of the following usually is NOT deducted to the cash

expenses?
9 Public Limited Company is more flexible than
8

Publicity

Provident fund
labour cost
Proprietersip Firm

10

Which one of the following should consider in economy while

GDP
conducting environmental analysis?

11

__________ is commonly used to measure the short-term

solvency of the venture

Debt to equity ratio

12

Which one of the following is a barrier to new product

creation and development?

Trial and error

13 What is a target market?

14

In stage of responsibility allocation process the entrepreneur

follows:

A group of customers a venture

reaches by accident
Highly centralized decision
making process

Which one of the following is the process of entrepreneurs

15 developing new products that over time make current products Creative destruction
obsolete?
16

Out of following which tool is not used for idea generation for
Brain Storming
new product development

17

Out of following which tool is not used for idea generation for
bugs me list
new product development

18

Out of following which tool is not used for idea generation for
ROI consideration
new product development

19

Out of following which tool is not used for idea evaluation for
ECV
new product development

20

Out of following which tool is not used for idea evaluation for
Qucik Ratio
new product development

21 Factors contribute to the creation of new venture EXCEPT:

Government

Which one of the following not only gives suggestions for

22 new product but also helps to market new product in the
market?

Existing products and services

The chief motivational factor for _________________

23 executives to leave jobs is the frustration of not being allowed Male
to perform at the level of which they are capable
Which of the following is the most important for the
24 entrepreneur, while starting a new venture, to make assesment Risk
of?
25

An entrepreneurship venture doing business within the

national border is called:

26 A typical inventor is usually ________________________.

Domestic entrepreneurship
Highly creative & in love with
the invention

27

Which of the following is alternatively called corporate

venturing?

Entrepreneurship

28

Which one of the following is an important source of idea

generation due to their familiarity with the needs of market?

Government

29

In which of the following situation the company is considered

No Profit no lose
to be on breakeven point?

30 Which of the following shows the example of collateral?

Real State

31 Professional support network includes following EXCEPT: Personal affiliations

Which of the following is NOT a characteristic of a marketing
32
It should be flexible
plan?
33 Degree of influence and control on other people is called:

Loss of control

34 Which one of the following is NOT an internal factor?

New technology

The longest lasting trade agreement with the objective of

35 liberalizing trade by eliminating or reducing tariffs, subsidies Free trade area FTA
and quotas is:
36 Which of the following is the previous name of SME?

SPCC

37

Which of the following are the key factors for choosing the
type of financing?

Availability of funds

38

Which is one of the most important leadership qualities

among managers and employees in the organization?

Entrepreneurship

39

Which of the following contains maximum number of new

ideas?

Official Gazette

The creative process for problem solving that involves making

40 the strange familiar in first step and then making the familiar Synectics
strange through personal, direct or symbolic analogy is called:
41 Developing a new idea through inquiry and testing is called:

Heuristics

Which one of the following is a business arrangement in

42 which someone else is allowed to use something of the
company?

Patent

43

Which of the following method entrepreneur can use to do

international business with least risk?

44

Combination of at least two firms at different market levels is

Joint venture
called:

45

Which one of the following is the next stage to the Concept

Stage of Product Planning and Development Process?

Turnkey projects

Idea Stage

Which one of the following is the main problem for the

46 entrepreneur in the beginning stages of creating a new
venture?

Limited resources

47 Which of the following is NOT studied in industry analysis?

Economic conditions

In some countries, point of purchase displays are not allowed

48 in retail stores. Such differences are studied by international Economic Environment
entrepreneurs under __________.
49

Why should an entrepreneur do a feasibility study for starting To identify possible sources of
a new venture?
funds

50

Which one of the following guide the firm through the long
term decision making?

Mission statement

51 Which is the most common cause of business failure?

Insufficient capital

52 Point out the quality in an entrepreneur

Initiative

53 Which one is not function of an entrepreneur

Turning ideas into action

54 Who can start a business

Only highly educated person

While selecting a line of business, an entrepreneur must keep

55 in his mind
Profitability

56 Who is an entrepreneur?

Someone who invests time and

money to start a business

An entrepreneur must pay to get productive resources because

57 they are
Scarce

58 To be a successful, a business must

Produce goods instead of

services

59 Business entrepreneur is effected by ______________ factors Internal

It is the ____________ which tells the purpose of existence of
60 business
Mission
Which of the following are not the characteristics of
61 entrepreneurship?
62 Peter Drucker suggested entrepreneurship is

Innovation
Science

63 Entrepreneurship should always ready to accept the

64 Entrepreneur should have access to

Modernization
Right skills

The distinction between an 'entrepreneur' and 'small business Really nothing, they are truly
65 owner', if made, revolves around
one and the same
66 The primary reason entrepreneurs start companies is to:

Prove they could do it

One study found that entrepreneurs tend to demonstrate all of

67 the following traits except:
Narrow minded
One reason for the growth in small businesses relates to the
trend for larger bsuienss to downsize by contracting with
smaller firms to do many of the functions once done
68 internally. This is referred to as:

Contracting

The technical characteristics of the small business would

69 include all of the following except

Independently managed

Which of the following might be termed a disadvantage faced

70 by the small business
Greater flexibility

71 Entrepreneurs are getting

Younger all the time

All but which of the following is considered to be a myth

72 associated with entrepreneurship:

Successful entrepreneurs are

born and not made

The entrepreneur who is committed to the entrepreneurial

73 effort becuase it makes good business sense is classed as/an

Inventor

74 Common reasons for entrepreneurial failure include

Faulty product design

75 Entrepreneurship can best be described as

A process that requires setting

up a business

76 Which problem is not true of a women entrepreneur

77 Theory by Schumpeter is regarding
78 Theory by McCelland is regarding
79 Theory by Leibebstein is regarding
80 Theory by Frank Knight is regarding
81 Theory by Everett Hagen is regarding
The French word 'Entrepreneur' _____ translated, means
82 simply undertaker
83 The term entrepreneurship refers to a
Which statement is not true of entrepreneurs?
84
Which of the following is not a characteristic of the typical
85 entrepreneur?

Family resistance
Innovation
Innovation
Innovation
Innovation
Social change
Accurately
Person
They are agents of adjustments
Confidence in their ability to
succeed

A ____ is an underlying characteristic of an individual that is

casually related to crieterion referenced effective and/or
superior perforamnce in a job or situation
86

Competency
Which of the following is not an entrepreneurial competency?

87

Superintendence
Which one of the following best represents the environment
of an entrepreneurial oriented organisation?

88

Corporate Culture
The entrepreneur utlises the resources through:

89

Identifying and evaluating the

opportunity

Entrepreneurs look for opportunities to capitalise on proven

90 market successes in

Pioneering new entry

Options
c

Intrapreneurship

Managerial domain

General

Specific

Transaction should be described Obtain signatures of the persons

in detail
involved
Trade shows
Finance Sector

Personal selling
Rural Sector

Access from roadways to

facility

Property rates

Octroi

Income Tex

Marketing expenses

Depreciation

Private Ltd. Company

Partnership Firm

Disposable income

Unemployment

Current ratio

Profitability ratio

Opportunity cost

Intrapreneurship culture

A specific group of potential customers

All consumers who purchase the
toward which a venture aims its
ventures product
marketing plan
Highly decentralized decision
making process

Somewhat centralized decision making

process

New business model

Anatomization

QFD

Mind Mapping

QFD

Mind Mapping

QFD

Mind Mapping

NPV

IRR

NPV

ROI

Finance

High interest rates

Distribution channels

Government

Female

Young

Profit

market

International entrepreneurship

Intrapreneurship

Does not encourage change

Willing to modify the invention in

order to augment commercial benefit

Intrapreneurship

Act of stating a new venture

Distribution channels

Products and services

Profits are higher than Losses

Profits are Lowr than losses

Shares

Tangible property

Mentor

Trade associations
It should be based on facts and valid
assumptions

It should be long and detailed

Lessening of control

Locus of control

Manufacturing

Marketing

European community EC

General agreement on tariffs and trade

GATT

SMEDA

SBFC

Assets of the venture

Prevailing interest rates

Communication

Motivation

News paper

Files of Patent office

Gordon method

Checklist method

Forced relationship

Scientific method

Trade mark

Copy right

Joint venture

Merger

Synergy

Horizontal merger

Product Planning Stage

Product Development Stage

Lack of experience

Lack of education

Technology advancements

Organizational culture

Political Environment

Cultural Environment

To see if there are possible

barriers to success

To estimate the expected sales

Product forecast

Industry analysis

Unstable market

Poor entrepreneurship

Lack of experience

Lack of confidence

Feasibility study

Resourcing

Only an uneducated person

Only rich person

Risk involved

Profits

Someone who makes a lot of

money

Someone who takes a risk to make a

profit

Expensive

In great supply

Produce goods or services with Produce goods or services that

a high price
consumers want
External

Both A and B

Vision

Both A and B

Organising skills
Art

Indifference approach
Profession

Expansion
Right environment

Diversification
Smart capital

The Small Business

Administration definitions

Whether the business is an Internet

based one or not

Recover from a layoff

Create something new

Aggressive

Calm

Outsourcing

Specializing

Owned by an individual or a
small group of investors

Based locally, even though the market

might be widespread

Greater ability to serve

specialized markets

Extreme personal commitment of the

owner

Older by increasing numbers

due to downsizing

Harder to find

An entrepreneur faces
extraordinary business risks

Successful entrepreneurs must have a

break-through invention

Opportunist

Hacker

Lack of capital

Ineffective human resources

Taking a significant risk in a

business context

having a strong vision

Male dominated society

Motivation
Motivation
Motivation
Motivation
Innovation

Limited mobility
High achievement
High achievement
Social change
High achievement
Motivation

Actually
Place

Fully
Process

They apply innovative ideas

They change the way business convert

inputs into outputs

Value of money over

achievement

Desire for immediate feedback

Leadership

Personality

Leadership qualities

Risk takng

Entrepreneurial Culture

Intrapreneurial Culture

Developing a business plan

Implementing the business plan

Imitative new entry

Adaptive new entry

Answer

Administrative domain

Imaginary

Place where contract takes place

Internet advertising

NGOs

All of the given options

Insurance

Fuel cost

All of the given options

Channel of distribution

Activity ratio

Risk Taking nature

A chain of discount stores

No particular standard

None of the given options

NPV analysis

IRR analysis

Ethnography

Current Ratio

Payback Period

Role models

Consumers

All of them

Competitors

Imports

None of the given options

Offering new products by an

existing company

None of the given options

None of the given options

All of the given options

Friends

It should provide a strategy

Loss of contract

Personnel

SEZ

FMBC

All of the above options

Staffing

Govt. patent Board

Scientific method

Value analysis

Licensing

Synergy

Vertical merger

Test Marketing Stage

None of the given options

Legal concerns

Technological Environment

To explore potential customers

None of the given options

Insufficient experience

Lack of decision making ability

Shutting down the existing

business

Anyone of the above

All of the above

Both A and C

Likely to be taxed

Produce goods or services using

mostly capital resources

None of the above

None of the above

Risk taking
Practice

c
d

All of the above

All of the above

d
d

The risk taking or re-invention of a

business vs. Someone who 'simply'
starts a business or buys an existing
one
d
Control their own lives

Focussed

Entrepreneuring

Significant influence in its industry d

More personal service

More set in their ways

First ventures are always successful d

Craftsman

All of the above

A process involving innovation,

new products or services, and value
creation
d
Attitude
Social change
Social change
X-efficiency
Profit
High achievement

d
a
c
d
d
a

Literally
None

d
c

They generally stick to the

processes already in place

A future orientation

Self-Confidence

Family background

Traditional Culture

Manage the enterprise

Combination strategies