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MNE 2601 - MULTIPLE CHOICE QUESTIONS & ANSWERS

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MNE 2601 - MULTIPLE CHOICE QUESTIONS & ANSWERS

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MNE 2601 - MULTIPLE CHOICE QUESTIONS &
ANSWERS
entrepreneurship - Answer -The emergence and growth of a new business is referred
to as ...

Education - Answer -Entrepreneurial orientation is determined by personal orientation,
culture, ..., family and work experience.?

Recognition, Independence, Achievement - Answer -Which of the following are the pull
factors that encourage people to leave their jobs to become entrepreneurs?
a) Recognition
b) Independence
c) Job frustration
d) Retrenchment
e) Achievement

education - Answer -is not regarded as entrepreneurial success factor?

radical - Answer -The result of a leapfrog or significant breakthrough in, for instance,
technology is called ... innovation.

Self-efficacy, Managing conflict, Dealing with stress - Answer -Together with
characteristics and success factors, there are essential skills that entrepreneurs need in
order for them to run and manage their businesses successfully. These include:

employment opportunities - Answer -The sustainability section of a business plan
should address, among others, ...

share - Answer -The attractiveness of a market is, among other factors, determined by
market ...

Innovation - Answer -Fill in the missing phase in the creativity process:
Discovery
Invention
?
Patent

ignoring competition - Answer -Making a list of all existing and potential competitors
and conducting a SWOT analysis for each competitor will help avoid the problem of ...
when compiling a business plan.

income - Answer -The annual tax levied on the income of individuals and trusts is
referred to as ... tax.

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