Question: Individuals influencing an entrepreneur’s career choice and style are known as which of the following?
Answer: Role Model

Question: The activity which occurs when the new venture is started is called
Answer: Departure Point

Question: Which of the following is alternatively called corporate venturing?
Answer: Intrapreneurship

Question: Which of the following factors is the most important in forcing U.S companies to focus on new product development and increased productivity?
Answer: Hyper Competition

Question: Members of distribution channels are excellent sources for new ideas because
Answer: They are familiar with the needs of the market

Question: Members of distribution channels are excellent sources for new ideas because
Answer: They are familiar with the needs of the market

Question: Which one of the following is an important source of idea generation due to their familiarity with the needs of market?
Answer: Distribution Channels

Question: SBA stands for
Answer: Small Business Administration

Question: Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process?
Answer: Product Development Stage

Question: Which one of the following is the most important characteristic of a successful business website?
Answer: Speed

Question: The level at which an individual is viewed by society is called
Answer: Social Status

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