TMA2
10/10
Question No: 1
Which of the following factors is the most important in forcing U.S companies to focus on
new product development and increased productivity?
Ans - Hyper competition
Question No: 2
Which of the following is alternatively called corporate venturing?
Ans - Intrapreneurship
Question No: 3
Individuals influencing an entrepreneur’s career choice and style are known as which of the
following?
Ans - Role model
Question No: 4
The activity which occurs when the new venture is started is called:
Ans - Departure point
Question No: 5
The level at which an individual is viewed by society is called:
Ans - Social status
Question No: 16
Which one of the following is an important source of idea generation due to their familiarity
with the needs of market?
Ans - Distribution channels
Question No: 7
Members of distribution channels are excellent sources for new ideas because:
Ans -They are familiar with the needs of the market
Question No: 8
Which one of the following is the most important characteristic of a successful business
website?
Ans - Speed
Question No: 9
Which one of the following is the next stage to the Concept Stage of Product Planning and
Development Process?
Ans - Product Development Stage
Question No: 10
SBA stands for:
Ans - Small business administration
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