AIMA Solved Assignments for GM13
Available: Soft Copy
Call or What’s App at +91-9911899400
Subject Code: GM13
Subject Name: ENTREPRENEURIAL MANAGEMENT
Component name: ASSIGNMENT 1
Assignment Start Date: 01/05/2022
Assignment End Date: 31/05/2022
Question 1:- Which one of the following theory has the attribute of moderate risk as a function of skill, not chance?
a) need for independence
b) need for achievement
c) need for affiliation
d) need for authority
Question 2:- Foundation companies are formed from:
a) fashion
b) research and development
c) most popular business
d) winding up company
Question 3:- All of the following are the broad categories of external forces EXCEPT:
a) economic forces
b) Socio-economic forces
c) technological forces
d) competitive forces
Question 4:- A____is a professional money manager who makes risk investment from a pool of equity to obtain a high rate of return on investments.
a) venture capitalist
b) entrepreneur
c) businessman
d) buyer
Question 5:- Members of the distribution channels excellent sources for new ideas because
a) they are familiar with the needs of the market
b) they earn a handsome profit from new business
c) they do not bother if entrepreneur bears a loss
d) they have well developed sales force
Question 6:- The activity which occurs when the new venture is started are called:
a) business skills
b) motivation
c) departure point
d) goal orientation
Question 7:- The business plan should be prepared by:
a) entrepreneurs
b) consultants
c) engineers
d) small business administration services
Question 8:- What is the primary concern of founders who trade equity for capital for their growing venture?
a) capitalisation
b) control
c) valuation
d) investor capabilities
Question 9:- The importance of intellectual property should be understood by entrepreneur even before:
a) hiring a manager
b) engaging an attorney
c) developing a product
d) establishing new venture
Question 10:- A patent is granted for a specified amount of time because of the assumption:
a) that during this time firm will cover its development costs
b) that firm will earn a sufficient profit during this period
c) to limit the monopoly of the firm
d) that it will stimulate idea and development of a better product
Question 11:- Which of the following is alternatively called corporate venturing?
a) Intrapreneurship
b) Entrepreneurship
c) Act of starting a new venture
d) Offering new products by an existing company
Question 12:- Following are the types of non-equity arrangements EXCEPT:
a) Licensing
b) Turnkey project
c) Direct export
d) Management contracts
Question 13:- Gazelles are the firms with :
a) high growth rate
b) moderate growth rate
c) zero% growth rate
d) low growth rate
Question 14:- Which one of the following is not the way by which an entrepreneur can enter into international business
a) export
b) non-equity arrangements
c) direct foreign investments
d) communication
Question 15:- ______viewed the entrepreneur as a risk taker who `buy(s) at an uncertain price, therefore operating at a risk.
a) Eli whitney
b) Edward hariman
c) Richard cantillon
d) Thomas Edison
Question 16:- An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its colour. What could be the source of this information?
a) supplier
b) retailer
c) competition
d) Government bureau
Question 17:- Which of the following factors does not affect a person for being an entrepreneur?
a) gender
b) education
c) family background
d) values
Question 18:- Which of the following is the fourth step in the entrepreneurial process?
a) developing successful business ideas
b) initiating new rules
c) deciding to become and entrepreneur
d) growing the entrepreneurial firm
Question 19:- Developing a new idea through inquiry and testing is called :
a) forced relationship
b) heuristics
c) scientific method
d) value analysis
Question 20:- Which of the following is not a source of idea generation?
a) consumers
b) employees
c) brain storming
d) training
Subject Code: GM13
Subject Name: ENTREPRENEURIAL MANAGEMENT
Component name: ASSIGNMENT 2
Question 1:- Which one of the following actions by an entrepreneur is most likely to contribute to creative destruction?
a) Development of a new product
b) take over of a competitor
c) issuing prices
d) reducing prices
Question 2:- An advantage of the small firm in the innovation process____________.
a) ability to carry out R&D
b) ability to raise finance
c) ability of an entrepreneur to carry out multiple tasks
d) ability of the entrepreneur to act on new ideas or product development
Question 3:- External links may provide incentives to:
a) raise finance
b) introduce new working practices
c) introduce improvement of products
d) attend business exhibitions
Question 4:- Schumpeter considered that innovative entrepreneurs would___________.
a) thrive
b) disappear
c) be absorbed within large innovative firms
d) be absorbed within non-innovative firms
Question 5:- Innovative entrepreneurs face special issues in raising ___________.
a) development capital
b) structured capital
c) human capital
d) seed capital
Question 6:- Innovative entrepreneurs may have to pay high insurance premiums due to the ___________.
a) need to protect patents
b) greater employee liability
c) greater customer liability
d) greater trading risks
Question 7:- Networking by innovative entrepreneurs may be most encouraged by ____________.
a) science parks
b) business incubators
c) chambers of commerce
d) business associations
Question 8:- Which one of the following is NOT recognised as a misconception about entrepreneurship?
a) successful entpreneurship needs only a great idea
b) entpreneurship is easy
c) entrepreneurship is only found in small businesses
d) entrepreneurial ventures and small businesses are different
Question 9:- All of the following are the characteristics of small business EXCEPT:
a) small businesses are independently owned, operated and financed
b) small businesses have fewer than 100 employees
c) small businesses emphasize new or innovative practices
d) small businesses have little impact on industry
Question 10:- The creation of new firms are important because these firms contribute to economic development through benefits that include all of the following EXCEPT:
a) Product-process innovation
b) increased tax revenues
c) unemployment
d) social betterment
Question 11:- Which of the following shows the process of creating something new?
a) business model
b) modelling
c) creative flexibility
d) innovation
Question 12:- Which one of the following gives suggestions for new product and also help to market new products?
a) existing products and services
b) federal government
c) distribution channels
d) consumers
Question 13:- Which one of the following is used by entrepreneurs to acquire in an International market before making a major commitment?
a) merger
b) minority interest
c) joint venture
d) majority interest
Question 14:- Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?
a) new business model
b) Anatomisation
c) none of the given options
d) creative destruction
Question 15:- Individuals influencing entrepreneur`s career choice and style are known as which of the following:
a) moral-support network
b) role model
c) professional support network
d) support system
Question 16:- Venture capital is concerned with __________.
a) new project having potential for higher profit
b) new project of high technology
c) new project having high risk
d) All of the above
Question 17:- A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be registered as –
a) Ecoprenuer
b) technopreneur
c) intrapreneur
d) social entrepreneur
Question 18:- Family business always interested to handover the change of his business to :
a) Indian Administrative officers
b) professional managers
c) next generation
d) None of the above
Question 19:- A women entrepreneur is supposed to have a minimum financial interest in share capital of entrepreneur`s enterprise:
a) 35%
b) 51%
c) 25%
d) None of the above
Question 20:- EDP(Entrepreneurship development programme) is required to help :
a) existing entrepreneurs
b) first generation entrepreneurs
c) future generation entrepreneurs
d) None of the above