CMAT Models of Entrepreneurship Practice Questions With Solutions

Given below are two statements:
Statement I: A business incubator typically takes an equity stake in the startups it supports.
Statement II: A business incubator provides early-stage companies with office space, mentorship, and resources in general to support them.
In the light of the above statements, choose the correct answer from the options given below :

Which four of the following are entrepreneurial strategies?
A. Investing money for safe and secured return
B. "Being fastest with the mostest"
C. Reform, rather than revolutionise
D. Finding and occupying a specialized "ecological niche"
E. Validate and adapt your business model
Choose the correct answer from the options given below :

Given below are two statements :
Statement I : An lntrapreneur operates within a large organisation to drive innovation.
Statement II : An lntrapreneur is the same as an entrepreneur, working independently to start a new business.

Feasibility analysis may be processed as follows.

Given below are two statements :
Statement I : lean start up methodology prioritizes extensive market research before any product.
Statement II : lean start up methodology focuses on creating a Minimal Viable Product (MVP) to test hypotheses.

Who is a Fabian Entrepreneur?

Design thinking has following important stages. Arrange in a sequence.
(A) Define
(B) Empathize
(C) Prototype
(D) Test
(E) Ideate
Choose the correct answer from the options given below:

Handson learning can be best taught through.
(A) Case study analysis
(B) Entrepreneurial Audit
(C) Entrepreneurial profiling
(D) Class discussion
(E) Focused group discussion
Choose the correct answer from the options given below :

Shaadi.com, an online match making service is an example of following start up model

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: