Question
Can you help me with these MCQs Please? Thank you 1.People who have an invention and form a company to exploit it are examples of:
Can you help me with these MCQs Please? Thank you
1.People who have an invention and form a company to exploit it are examples of:
- Incremental innovators
- Organisational Entrepreneurs
- Social Entrepreneures
- Technical Entrepreneurs
2. An example of a successful cluster is:
- the supermarket industry
- 3M, which creates more than 2000 new patents every year
- Silicon valley
- Apple
3. Advantages of corporate innovators include:
- Economies of scale
- Economies of scope
- Resources to support large scale R&D
- All of the above
4. Social Enterprises are:
- Organisations that address a basic unmet need of solve a social problem through a market-driven approach
- Organisations that address a basic unmet need of solve a social problem outside of markets
- Focus on profit
- Bring radical innovations to the market
5. A definition of people who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards is:
- Entrepreneur
- Strategist
- Exporter
- All of the above
6. To create competitive advantage the Resource-based view considers an asset must be:
- valuable, rare, inimitable, organised
- valuable, rare, intellectual property, organised
- worth more than the input factors
- comparable to a competitors
7. Which of the following is NOT considered a resource or asset class in the Resource-Based View?
- Capabilities
- Tangible Assets
- Intangible Assets
- Competitive Assets
8. SWOT analysis considers the following:
- strengths, weaknesses, opposition and threats
- strengths, weaknesses, opportunities and threats
- strategy, weaknesses, opportunities and threats
- the costs in the supply-chain
9. Which of these overseas market entry modes gives the most control?
- Turnkey investment
- Franchising
- International Joint-Venture
- Wholly owned subsidiary
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