Entrepreneurship Management
1. Which one of the following theory has the attribute of moderate risk taking as a function of skill, not chance? Need for independence Need for achievement Need for affiliation Need for authority Correct answer: (B) Need for achievement 2. Foundation companies are formed from: Fashion Research and development Most popular business winding up company Correct answer: (B) Research and development 3. All of the following are the broad categories of External forces EXCEPT: Economic forces S Socioeconomic forces Technological forces Competitive forces Correct answer: (B) S Socioeconomic forces 4. A ______________ is a professional money manager who makes risk investment from a pool of equity capital to obtain a high rate of return on investments. venture capitalist entrepreneur businessman buyer Correct answer: (A) venture capitalist 5. Members of distribution channels are excellent sources for new ideas because: They are familiar with the needs of the market T...