Which one of the following is not considered as one of the building blocks of the model entrepreneur? A. technical skills. B. management competencies. C. business awareness. D. personal attributes.

Which one of the following is not considered as one of the building blocks of the model
entrepreneur?
A. technical skills.
B. management competencies.
C. business awareness.
D. personal attributes.
by

1 Answer

Answer :

C. business awareness.
by

Related questions

Decisions taken by an entrepreneur on behalf of his enterprise are known as _________. A. Organizational decisions. B. Personal decisions. C. Routine decisions. D. Strategic decisions

Description : Decisions taken by an entrepreneur on behalf of his enterprise are known as _________. A. Organizational decisions. B. Personal decisions. C. Routine decisions. D. Strategic decisions

Last Answer : A. Organizational decisions.

As a new company grows, the entrepreneur will need to _________. A. be responsive to changes in the market. B. ensure financial controls are maintained. C. build a management team. D. all the above.

Description : As a new company grows, the entrepreneur will need to _________. A. be responsive to changes in the market. B. ensure financial controls are maintained. C. build a management team. D. all the above.

Last Answer : D. all the above.

From the following which one is not classification of entrepreneurs according to the types of business? a) Wholesale trade b) Retail trade c) Exporter d) Rural entrepreneur

Description : From the following which one is not classification of entrepreneurs according to the types of business? a) Wholesale trade b) Retail trade c) Exporter d) Rural entrepreneur

Last Answer : d) Rural entrepreneur

An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information? A. Supplier. B. Retailer. C. Competition. D. Government bureau.

Description : An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information? A. Supplier. B. Retailer. C. Competition. D. Government bureau.

Last Answer : B. Retailer.

An entrepreneur who owns more than one business at a time is called ________. A. an intrapreneur. B. a corporate entrepreneur. C. a portfolio entrepreneur. D. None of the above.

Description : An entrepreneur who owns more than one business at a time is called ________. A. an intrapreneur. B. a corporate entrepreneur. C. a portfolio entrepreneur. D. None of the above.

Last Answer : C. a portfolio entrepreneur.

What is the role of a Business Angel? A. To provide small business advice. B. To provide capital for business development in exchange for a stake in the Business ownership. C. To set up a franchise business. D. To assist an entrepreneur to open a lifestyle business.

Description : What is the role of a Business Angel? A. To provide small business advice. B. To provide capital for business development in exchange for a stake in the Business ownership. C. To set up a franchise business. D. To assist an entrepreneur to open a lifestyle business.

Last Answer : B. To provide capital for business development in exchange for a stake in the Business ownership.

An individual who starts, creates and manages a new business can be called _____________. A. A leader B. A manager C. A professional D. An entrepreneur

Description : An individual who starts, creates and manages a new business can be called _____________. A. A leader B. A manager C. A professional D. An entrepreneur

Last Answer : D. An entrepreneur

The process of preparing an inventory of skills needed for effective implementation of the project is called as ____________. A. Economic viability. B. Financial feasibility. C. Technical feasibility. D. Managerial competence.

Description : The process of preparing an inventory of skills needed for effective implementation of the project is called as ____________. A. Economic viability. B. Financial feasibility. C. Technical feasibility. D. Managerial competence.

Last Answer : D. Managerial competence.

A key aspect of the financial section of the business plan is _________. A. A statement of management skills. B. A realistic sales forecast. C. Production capacity. D. A description of competitors.

Description : A key aspect of the financial section of the business plan is _________. A. A statement of management skills. B. A realistic sales forecast. C. Production capacity. D. A description of competitors.

Last Answer : B. A realistic sales forecast.

…………….. actions by an entrepreneur most likely to contribute to creative destruction. a) Development of a new product b) Take-over of a competitor c) Issuing shares d) Development of an organization

Description : …………….. actions by an entrepreneur most likely to contribute to creative destruction. a) Development of a new product b) Take-over of a competitor c) Issuing shares d) Development of an organization

Last Answer : a) Development of a new product

Every entrepreneur should draw an _______ for his project to ensure the timely completion of all activities involved in setting up an enterprise. A. cost structure B. implementation plan C. market structure D. production structure

Description : Every entrepreneur should draw an _______ for his project to ensure the timely completion of all activities involved in setting up an enterprise. A. cost structure B. implementation plan C. market structure D. production structure

Last Answer : B. implementation plan

Good sources of information for an entrepreneur about competitors can be obtained from_________. A. Websites. B. Product information leaflets. C. Company reports and published accounts. D. All the above.

Description : Good sources of information for an entrepreneur about competitors can be obtained from_________. A. Websites. B. Product information leaflets. C. Company reports and published accounts. D. All the above.

Last Answer : D. All the above.

The activity which occurs when the new venture is started is called - a) Motivation b) Business skills c) Departure point d) Goal orientation

Description : The activity which occurs when the new venture is started is called - a) Motivation b) Business skills c) Departure point d) Goal orientation

Last Answer : c) Departure point

______________ describes the direction, the enterprise is going in, what its goals are, where it wants to be,and how it is going to get there. A. project report B. technical anlaysis C. market analysis D. financial analysis

Description : ______________ describes the direction, the enterprise is going in, what its goals are, where it wants to be,and how it is going to get there. A. project report B. technical anlaysis C. market analysis D. financial analysis

Last Answer : A. project report

Which of the following is not an aspect of appraisal of term loans by commercial banks? A. Financial feasibility. B. Technical feasibility. C. Economic feasibility. D. Societal feasibility.

Description : Which of the following is not an aspect of appraisal of term loans by commercial banks? A. Financial feasibility. B. Technical feasibility. C. Economic feasibility. D. Societal feasibility.

Last Answer : D. Societal feasibility.

DGTD stands for __________. A. Directorate General of Technical Development. B. District General of Technical Development. C. District General of Taxation Deduction. D. Directorate General of Taxation Deduction.

Description : DGTD stands for __________. A. Directorate General of Technical Development. B. District General of Technical Development. C. District General of Taxation Deduction. D. Directorate General of Taxation Deduction.

Last Answer : A. Directorate General of Technical Development.

_________________ implies the availability or otherwise of plant and machinery and technical know how to produce the product. A. Economic viability. B. Financial feasibility. C. Technical feasibility. D. Managerial competence

Description : _________________ implies the availability or otherwise of plant and machinery and technical know how to produce the product. A. Economic viability. B. Financial feasibility. C. Technical feasibility. D. Managerial competence

Last Answer : C. Technical feasibility.

……………….. Shows the process of creating something new. a) Innovation b) Business model c) Modeling d) Creative flexibility

Description : ……………….. Shows the process of creating something new. a) Innovation b) Business model c) Modeling d) Creative flexibility

Last Answer : a) Innovation

EDPs course contents contains ___________. A. General introduction to entrepreneurs. B. Motivation training. C. Managerial skills. D. All the above.

Description : EDPs course contents contains ___________. A. General introduction to entrepreneurs. B. Motivation training. C. Managerial skills. D. All the above.

Last Answer : D. All the above.

Project management is ideally suited for a business environment requiring all of the following except _________. A. Flexibility B. Innovation C. speed D. Repetability

Description : Project management is ideally suited for a business environment requiring all of the following except _________. A. Flexibility B. Innovation C. speed D. Repetability

Last Answer : A. Flexibility

O & M refers to ____________ A. overall efficiency of business. B. efficiency of office and administrative work. C. office work measurement. D. office and management study.

Description : O & M refers to ____________ A. overall efficiency of business. B. efficiency of office and administrative work. C. office work measurement. D. office and management study.

Last Answer : D. office and management study.

Which of the following is the reason for business failure __________. A. Lack of market research. B. Poor financial control. C. Poor management. D. All the above.

Description : Which of the following is the reason for business failure __________. A. Lack of market research. B. Poor financial control. C. Poor management. D. All the above.

Last Answer : D. All the above.

The VRIO framework can be used to identify: a) a firm's resources and external opportunities. b) the organizational structure of multinational firms. c) a firm's technical resources. d) a firm's core competencies

Description : The VRIO framework can be used to identify: a) a firm's resources and external opportunities. b) the organizational structure of multinational firms. c) a firm's technical resources. d) a firm's core competencies

Last Answer : a firm's core competencies

____________ is a graphical representation of the various activity and event relating to a project. A. Network analysis. B. Scheduling technique. C. Logical Model. D. Network Diagram

Description : ____________ is a graphical representation of the various activity and event relating to a project. A. Network analysis. B. Scheduling technique. C. Logical Model. D. Network Diagram

Last Answer : D. Network Diagram

Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as____________. A. Organizational decisions. B. Personal decisions. C. Routine decisions. D. Strategic decisions.

Description : Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as____________. A. Organizational decisions. B. Personal decisions. C. Routine decisions. D. Strategic decisions.

Last Answer : D. Strategic decisions.

Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as____________. A. Organizational decisions. B. Personal decisions. C. Routine decisions. D. Strategic decisions.

Description : Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as____________. A. Organizational decisions. B. Personal decisions. C. Routine decisions. D. Strategic decisions.

Last Answer : D. Strategic decisions.

Entrepreneurs are motivated by _________. A. money. B. personal values. C. pull influences. D. All the above.

Description : Entrepreneurs are motivated by _________. A. money. B. personal values. C. pull influences. D. All the above.

Last Answer : a) Money

Core Competencies are the skills and abilities by which Resources are deployed through a Firm’s activities and processes to enable the Company to ----------- : A. Survive B. Survive using approaches & techniques that others cannot imitate or acquire C. Achieve Competitive Advantage in ways others cannot imitate D. Achieve superior position

Description : Core Competencies are the skills and abilities by which Resources are deployed through a Firm's activities and processes to enable the Company to ----------- : A. Survive B. ... imitate or acquire C. Achieve Competitive Advantage in ways others cannot imitate D. Achieve superior position

Last Answer : Achieve Competitive Advantage in ways others cannot imitate

Firm that operate internationally are able to A. earn a greater return from their skills and core competencies B. realize location economies where they can be performed most efficiently C. realize greater experience curve economies, which reduces the cost of production D. All the above

Description : Firm that operate internationally are able to A. earn a greater return from their skills and core competencies B. realize location economies where they can be performed most efficiently C. realize greater experience curve economies, which reduces the cost of production D. All the above

Last Answer : All the above

Integration of project management with the organization takes place with the _______________. A. master budjet B. strategic plan C. Process of managing actual projects D. both b and c

Description : Integration of project management with the organization takes place with the _______________. A. master budjet B. strategic plan C. Process of managing actual projects D. both b and c

Last Answer : D. both b and c

Memorandum of association of a firm contains _______. A. rules regarding the internal management of the company. B. rules regarding the constitution and activities of the company. C. rules regarding the external management. D. rules regarding the constitution.

Description : Memorandum of association of a firm contains _______. A. rules regarding the internal management of the company. B. rules regarding the constitution and activities of the company. C. rules regarding the external management. D. rules regarding the constitution.

Last Answer : B. rules regarding the constitution and activities of the company.

Which of the following is not one of the 4 Ms? A. motivation. B. management. C. materials. D. money.

Description : Which of the following is not one of the 4 Ms? A. motivation. B. management. C. materials. D. money.

Last Answer : C. materials.

Which of the following is not considered to be a characteristic of a project? A. An established objective B. Complex tasks C. A clear beginning and end D. Only for internal use

Description : Which of the following is not considered to be a characteristic of a project? A. An established objective B. Complex tasks C. A clear beginning and end D. Only for internal use

Last Answer : D. Only for internal use

Which are the best TV shows to learn business?

Description : Which are the best TV shows to learn business?

Last Answer : I’m sure there are videos on You Tube that are instructive. I don’t know of any television shows but watching news shows Like Washington Week in Review could make you aware of general trends.

Questions about starting a business?

Description : Questions about starting a business?

Last Answer : answer:Starting a business unfortunately isn't as easy as just having the idea and finding someone to make it happen. It's going to take talent, money, and a lot of time. You need to be able ... exact, then go get the skills and revisit it when you need motivation to continue learning. Good luck.

Can anyone recommend a bank in Texas for my small business?

Description : Can anyone recommend a bank in Texas for my small business?

Last Answer : answer:Credit unions and smaller banks may give you a better deal - they often pay more interest on deposits, they charge less interest on loans and they aren't nickel and diming people on ... - Compare rates to banks Credit Union Lookup - Find a Credit Union Independent Community Bankers of America

Wouldn't learning entrepreneurship, and how to be an effective capitalist, be better for students with the changing flow of business?

Description : Wouldn't learning entrepreneurship, and how to be an effective capitalist, be better for students with the changing flow of business?

Last Answer : If you are going to offer up some of the most successful college dropouts in history as your examples how do you propose we teach that? Steve Jobs is one of the drop outs of which the college I ... issues with that, but how do you teach it, how do you teach being a massively successful drop-out?

Are there grants available for buying a business?

Description : Are there grants available for buying a business?

Last Answer : Have you contacted the local SBA? It would seem to be to everyone’s advantage that you conclude this deal, if it is as you describe.

We need to update the business plan becausea) Environmental factors and internal factors can change the direction of the plan b) Goals set by the entrepreneurs may be unreasonable c) Goals may not be measurable d) Goals may not be specific

Description : We need to update the business plan becausea) Environmental factors and internal factors can change the direction of the plan b) Goals set by the entrepreneurs may be unreasonable c) Goals may not be measurable d) Goals may not be specific

Last Answer : a) Environmental factors and internal factors can change the direction of the plan

An entrepreneurship primary motivation for starting a business isa) To make money b) To be independent c) To be famous d) To be powerful

Description : An entrepreneurship primary motivation for starting a business isa) To make money b) To be independent c) To be famous d) To be powerful

Last Answer : b) To be independent

Entrepreneurial development is the key to achieve all-round __________ through A. economic development B. increase in profits C. shareholders value D. business development

Description : Entrepreneurial development is the key to achieve all-round __________ through A. economic development B. increase in profits C. shareholders value D. business development

Last Answer : A. economic development

Entrepreneurship can best be described as _________. A. a process that requires setting up a business. B. taking a significant risk in a business context. C. having a strong vision. D. a process involving innovation, new products or services, and value creation.

Description : Entrepreneurship can best be described as _________. A. a process that requires setting up a business. B. taking a significant risk in a business context. C. having a strong vision. D. a process involving innovation, new products or services, and value creation.

Last Answer : D. a process involving innovation, new products or services, and value creation.

The Markets and Competitors section of a business plan should contain ____________. A. A statement of the target market. B. The size of each market segment. C. The key characteristics of buyers in each business segment. D. All the above.

Description : The Markets and Competitors section of a business plan should contain ____________. A. A statement of the target market. B. The size of each market segment. C. The key characteristics of buyers in each business segment. D. All the above.

Last Answer : a

One of the disadvantages of a franchise business for a franchisee is ________. A. Lack of independence. B. Franchise businesses typically have a high failure rate. C. Lack of brand identity. D. Training is not normally provided by the franchisor.

Description : One of the disadvantages of a franchise business for a franchisee is ________. A. Lack of independence. B. Franchise businesses typically have a high failure rate. C. Lack of brand identity. D. Training is not normally provided by the franchisor.

Last Answer : A. Lack of independence.

The UK government has implemented a number of policies to encourage Entrepreneurship in schools. One such initiative is _________. A. Young Enterprise. B. Youth venture. C. Young Business. D. Young Initiative.

Description : The UK government has implemented a number of policies to encourage Entrepreneurship in schools. One such initiative is _________. A. Young Enterprise. B. Youth venture. C. Young Business. D. Young Initiative.

Last Answer : A. Young Enterprise.

The oldest form of business organization is ______. A. Partnership. B. sole proprietorship. C. joint stock company. D. co-operative undertaking.

Description : The oldest form of business organization is ______. A. Partnership. B. sole proprietorship. C. joint stock company. D. co-operative undertaking.

Last Answer : B. sole proprietorship.

Business risks can be ______. A. avoided. B. reduced. C. ignored. D. erased.

Description : Business risks can be ______. A. avoided. B. reduced. C. ignored. D. erased.

Last Answer : B. reduced.

A valid definition of a business purpose is to ______. A. create a customer. B. maximize profits. C. serve the society. D. increase the wealth of the firm.

Description : A valid definition of a business purpose is to ______. A. create a customer. B. maximize profits. C. serve the society. D. increase the wealth of the firm.

Last Answer : B. maximize profits.

Business means ________. A. Commerce. B. industry and commerce. C. trade and commerce. D. selling and buying of goods.

Description : Business means ________. A. Commerce. B. industry and commerce. C. trade and commerce. D. selling and buying of goods.

Last Answer : B. industry and commerce.

When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration

Description : When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration

Last Answer : A. conglomerate diversification.