Entrepreneurship -Creativity & Innovation – Test 1

Motivation can be:

__________ is the tool of Entrepreneurship

______ is an attitude, the ability to accept changes, a flexibility of outlook

Which one of the following is not a component of creativity

_______ is the process of bringing the best ideas into reality

The theory as per which an innovation creates a new demand which destroys the existing market and so on is called the theory of

The seven principles responsible for success through innovation are given by

Which of the following is not principle as per the 7 Principles given by Steve Jobs.

_____ is an innovatory process involved in the creation of an economic enterprise

_________ is required to anticipate and interpret the results of business innovation

The importance of envrionmental scanning was first realised by

In Swot analysis ‘O’ stands for

SWOT analysis was originated in the year

SWOT Analysis, PESTEL Analysis and industry Analysis are techniques of

IN PESTLE Analysis, ‘L’ stands for

________ is an audit of environmental influences on the business idea for using this information for decision making

_________ merges the external factors effecting the business with the internal factors.

The theory of Industry Analysis was given by

Which of the following is not an important force in determining the competitive power as per the Porter’s Model.

What is the second step in the Environmental Scanning Process

Which of the following is not a type of Environmental Scanning

What is the last step in the process of Market Assessment

Conducting a marketing assessment helps in

Which of the following statement is True ?

Which of the following is NOT an essential skill of successful business?