List of top Innovation & Entrepreneurship Questions on Fundamentals of Business asked in CMAT

Scaling up of a business requires a firm to take care of following things:
(A) Hiring, retaining and motivating qualified employees
(B) Finding investors who share same goals
(C) Time management and work assignment ability
(D) Adequate market potential and opportune time
(E) Business idea experiencing
Choose the correct answer from the options given below:

Which of the following is an example of speculative business risk?

Which of the following is NOT a form of organisation to initiate a business/enterprise?

Given below are two statements:
Statement I: People's attitudes have changed over the years leading to involvement of State (Government) in businesses globally.
Statement II: Increasing technicality is leading to State (Government) to make interventions in businesses globally.
In the light of the above statements, choose the most appropriate answer from the options given below:

Given below are two statements:
Statement I : Dividing the market in small niches is known as targeting.
Statement II: Segmentation and targeting are essential components of understanding the market and tap it effectively.
In the light of the above statements,choose the correct answer from the options given below

Match List I with List II;

List I	List II
(A) Manager	(1) Value addition
(B) Retailer	(II) Gets the work done
(C) Entrepreneur	(III) Works on existing business model
(D) Business Man	(IV) Calculate risk taking

Choose the correct answer from the options given below:

Given below are two statements:
Statement I Business ideation is important aspect of venture creation.
Statement II Conversation that happens in an elevator is known as elevator pitch.In the light of the above statements,
choose the most appropriate answer from the options given below:

Match List I with List II:

List I	List II
(A) Plant and Machinery Records	(1) Design thinking
(B) Profit Statements	(II) Technical feasibility
(C) Creativity and Innovation	(III) Financial feasibility
(D) Empathize	(IV) Business ideation

Choose the correct answer from the options given below:

A person who improves an existing business is called

Which of these theories involve taking a moderate amount of risk as a function of skill and not chance?

__ means identifying and imitating the best in the world at specific tasks and function.

Following are the conventional stages of startup funding:
A Initial Public Offer(IPO) issue
B. Procurement of mezzanine financing
C. Venture capital funding
D. Angel Investor financing
E. Seed capital acquisition
Choose the most appropriate answer from the options given below that shows right sequence

Diffussion of Innvoation theory is assosiated with:

The primary focus of SMILE loan of SIDBI is to

The business plan of a venture must show consistent, but manageable projected growth because :

Entrepreneurs have to deal with

According to Schumpeter, which of the following is the primary function of a new age entrepreneur

Shruti wants to start a small floral shop. As a part of her business plan, he prepared an "entertaining MS PowerPoint Presentation" to garner interest among potential investors and trigger discussion. This format of business plan is known as

Having more than one customer segment:

The conclusion part of the business plan will identify the

A word, symbol, name, or device that a business uses to identify its goods and distinguish itself from others is called a

A recently registered enterprise started first time the business of online food delivery services using drones in its locality. This type of business can be an example of

________ grants the holder the right to exclude others from making, selling, using or offering for sale or importing the invention.

The ______ plan shows whether the business is economically feasible or not.