Tag: organization of commerce and management

Quizzes (70) Questions (1107)

Questions Related to organization of commerce and management

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

Which of the following is not a common motivation of an entrepreneur?

  1. Desire for independence.

  2. Search for personal and professional growth.

  3. Desire to maintain the status quo.

  4. Search for more rewarding work.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

To be a successful entrepreneur, its the motivation of the person that boost him up. To do something different or to start a venture, there are some factors that start up the process.

The desire to be independent, to work being your own boss is one of the motivation for an entrepreneur.  The search for personal growth is also one of the motivation for an entrepreneur. The work that will reward a person more will make the person to undertake more risk.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

_____like entrepreneurs are the people with great willingness and efficient leadership. He inspires others. He has an incredible will and ability to lead the world and the business through any challenge. He is the essence of entrepreneurship and can assemble great companies.

  1. Hero

  2. Healer

  3. Superstar

  4. Juggler
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

As the name suggests hero  is a person who is appreciated  for their courage, achievements and good qualities. A Hero like entrepreneurs are the people with great willingness and efficient leadership. He inspires other. He has an incredible will and ability to lead the world and the business through any challenge.He is the essence of entrepreneurship and can assemble great companies.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

"A person within a large corporation who take direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation is_______".

  1. An entrepreneur

  2. An intrapreneur

  3. An enterprise

  4. An inter manager
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Intrapreneurship is like acting as an entrepreneur within the organization. Intrapreneurship is a step towards entrepreneurship. It focuses on self motivation and resolving a specific issues which ultimately helps in achieving the major goals. It focuses on minor goals and hence helps to achieve the entrepreneurship goals in long run.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

____as the name suggest, nurtures the business by bringing harmony with a surprising ability to survive with an inner calm. Healer is closely related to calmness which lets him avoid the outside harsh realities of business.

  1. Hero

  2. Healer

  3. Superstar

  4. Juggler
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Healer is the person who can mend or repair things. Healer as the name suggests, nurtures the business by bringing harmony with a surprising ability to survive with an inner calm. Healer is closely related to calmness which lets him avoid the outside harsh realities of business

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

Which of the following types of people believe in consumer sovereignty where they indulge excessively in providing customer services_______.

  1. Visionary

  2. Artiste

  3. Superstar

  4. Advisor
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

An advisor is a person with deep knowledge in a specific area. Advisor types of people believe in consumer sovereignty where they indulge excessively in providing customer services.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

An informal group of innovative employees who are permitted to digress temporarily from their regular tasks to develop new ideas are referred to as:

  1. Underground

  2. Skunkworks

  3. Yahoos

  4. Intrapreneurs
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A skunkworks is a work developed by a loosely structured group small group of people who rsearch and develop work primarily for the sake of radical innovation. It is an informal group of innovative employees.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

__________ may be defined as analysis and interpretation of the future conditions in relation to operations of the enterprises.

  1. Planning

  2. Forecasting

  3. Decision making

  4. Directing
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Forecasting means analyzing the future or about the future. It may be defined as analysis and interpretation of the future conditions in relation to operations of the enterprise.

Multiple choice organization of commerce and management employee selection process meaning and steps in selection meaning, importance, methods and procedure of selection steps in employee selection process

The  _______ is choosing a few from those who applied.

  1. Morale

  2. Man

  3. Selection

  4. Plan
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Selection is the process of screening and choosing the most suitable candidates from a pool of applicants to fill a specific job vacancy.