Business, 19.04.2021 14:00 odalysgise

DATE Which of the following good sources of entrepreneurial ideas determine the interest, hobbles and pre
9 The
people
A. Changes in the environment
C. People's interest
8. Technological discovery
D. Past experiences
12. Societal environment includes the following. except
A. Economic forces
C. Political forces
B. Sociocultural forces
D. Natural resources
13. Which among the following is the result of identifying entrepreneurial opportunities?
A. Creation of entrepreneurial ideas C. Sources of opportunity
B. Opening of entrepreneurial venture D. Entrepreneurial process
What entrepreneurial idea will you recognized, if you consider the new discovery and advancement of technology as
source of opportunity?
A. Changes in the environment
B. Technological discovery and advancement
C. Government's thrust, programs, and policies
D. People's interest
the source of entrepreneurial idea where expertise and skills developeb by a person from its previous work can lead to
the opening of a related business enterprise.
A. Government's thrust, programs, and policies
B. Past experiences
C. People's interests
D. Technological discovery and advancement
16. Which of the following is not included of sociological factors:
A. Religions and Beliefs
B. Buying Habits
C. Emphasis on safety
D. Growth Rates
17. Which of the following is not included of economic factors
A. Stages of business cycle
B. Fiscal Policies
C. Inflation
D. Weather
18. Which of the following is not included of technological factors
A. Basic infrastructure level
B. Communication infrastructure
C. Rate of technological change
D. Educational level
19. These innovations occur more frequently than breakthrough innovation because these innovations are technological
advancement of an existing product or service,
A. Ordinary Innovation
B. Technological Innovation
C. Breakthrough Innovation
D. Ordinary Innovation
20. In this stage, the entrepreneur determines what are the feasible products and/or services that will perfectly suit the
opportunity
A. Idea Stage
B. Concept Stage
C. Product development stage D. Test marketing Stage
21. It is the key driver to economic growth.
A. Collaboration B. Innovation
C. Direction
D. Compensation
22. The entrepreneur should say no to an opportunity if it does not contain any of these business opportunity elements:
A. Has superior value to customers
B. Solves a compelling problem, issue, a need, or a want
C. Matches with the entrepreneur's skills, resources, and risk appetite
D. none of these

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