Tag: entrepreneurship development

Questions Related to entrepreneurship development

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.