Match List I with List II :
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Given below are two statements
Statement I : "Innovation defined as the creation or the adoption of new ideas, products,services, programs, techno logy, poli cy, structure or new administrative system is acknowledged as a source of sustained competitive advantage of many organisations
Statement II: The innovation adoption process does not depend upon ' In itiation stage' that includes recognition of a need, knowledge acquisition, Initial attitude formation and innovation selection.
Match List I with List II :
Choose the correct answer from the opt ions given below :
Match List I with List II :
Choose the correct answer from the opt ions given below :
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.
Given below are two statements :
Statement I : Creativity is function of novel and useful & potential value ideas.
Statement II : Creativity is complicated and multi dimensional concept with many components, such as knowledge cognition, personality, intelligence and motivation.
In the light of the above statements, choose the correct answer from the options given below :
Shaadi.com, an online match making service is an example of following start up model
Diffusion of Innovation theory is associated with
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The primary function of a new age entrepreneur is innovation. This statement was/is proposed and propagated by :
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:
Which of these theories involve taking a moderate amount of risk as a function of skill and not chance?
_________ entrepreneurs suffer losses, as they refuse to make any modifications in the existing production methods.
Which type of innovation seeks to make a better product to target the high-end of the market?
Diffussion of Innvoation theory is assosiated with:
Which of the following characteristics belong to the low-end disruptive innovation?
According to Schumpeter, which of the following is the primary function of a new age entrepreneur
Match List I with List II.
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After reading the passage given below, choose the best answer to each question that follows:
In contrast to traditional analyses of minority business, the sociological analysis contends that minority business ownership is a group-level phenomenon, in that it is largely dependent upon social-group resources for its development. Specifically. this analysis indicates that support networksplay critical role in starting and maintaining minority business enterprises by providing owners with a range of assistance, from the informal encouragementof family members and friends to dependable sources of labor andclientele from the owner's ethnic group. Suchself-help networks, which encourage and support ethnic minority entrepreneurs, consist of “primary” institutions, those closest to the individual in shaping his or her behavior and beliefs. They are characterized by the face-to-face association and cooperation of persons united by ties of mutual concern. They form an intermediate social level between the individual and larger “secondary”institutions based on impersonal relationships. Primary institutions comprising the support network include kinship, peer. and neighborhood or community subgroups. A major function of self-help networks is financial support. Most scholars agree that minority business owners have dependedprimarily on family funds and ethnic community resources for investmentcapital. Personal savings have been accumulated, often through frugal living habits that require sacrifices by the entire family and are thus a product of long-term family financial behavior. Additional loans andgifts from relatives, forthcoming because of group obligation rather than narrow investment calculation, have supplemented personal savings. Individual entrepreneurs do not necessarily rely on their kin because they cannot obtain financial backing from commercial resources. They may actually avoid banks because they assume that commercial institutions either cannot comprehend the special needs of minority enterprise or charge unreasonably high interest rates. Within the larger ethnic community, rotating credit associations have been usedto raise capital. These associations are informal clubs of friends and other trusted members of the ethnic group who make regular contributions to a fund that is given to each contributor in rotation. One author estimates that 40 percent of New York Chinatown firms established during 1900-1950 utilized such associations as their initial source of capital. However, recent immigrants andthird or fourth generationsof older groups now employrotating credit associations only occasionally to raise investment funds. Some groups, like Black Americans, found other means of financial support for their entrepreneurial efforts. The first Black-operated banks were created in the late nineteenth century as depositories for dues) collected from fraternal or lodge groups. which themselves had sprung from Black churches. Black banks made limited investments in other Black enterprises. Irish immigrants in American cities organized many building and loan associations to provide capital for home construction and purchase. They, in turn, provided work for many Irish home-building contractor firms. Other ethnic and minority groups followed similar practices in founding ethnic-directed financial institutions. (The passage taken from Book/News/Opensource)
According to the passage, once a minority-owned businessis established, self-help networks contribute which of the following to that business?
The passage best supports which of the following statements?
The passage claims that small-scale individual entrepreneurs
Which of the following shows the working of a self-help support network,as it is described in the passage?
According to the passage the sociological analysis contends that
Which of the following can be inferred from the passage about the Irish building and loan associations?
Based on the information in the passage, it would be LEAST likely for which of the following persons to be part of a self-help network?
Which of the following statement is NOT correct as per the avove passage?
According to the passage that traditional analyses of minority business would be LEAST likely to do which ofthe following?
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