| 3061 |
A business that makes pickles and jams from fruits grown in nearby orchards draws its idea mainly from the id… |
Entrepreneurship
Problem identification and idea fields |
Easy |
| 3062 |
Arjun observes that elderly people in his colony find it hard to pay utility bills online. He starts a doorst… |
Entrepreneurship
Problem identification and idea fields |
Medium |
| 3063 |
Which of the following is an example of an idea drawn from existing products? |
Entrepreneurship
Problem identification and idea fields |
Medium |
| 3064 |
Why is a precise problem statement important before designing a business solution? |
Entrepreneurship
Problem identification and idea fields |
Hard |
| 3065 |
A change in consumer behaviour that continues over a long period is called a: |
Entrepreneurship
Spotting trends |
Easy |
| 3066 |
A sudden craze for a particular toy that disappears within a few months is best described as a: |
Entrepreneurship
Spotting trends |
Easy |
| 3067 |
Growing health awareness has continued for many years in Indian cities. Which business is LEAST directly link… |
Entrepreneurship
Spotting trends |
Medium |
| 3068 |
Why is it risky to build a long-term business on a fad? |
Entrepreneurship
Spotting trends |
Medium |
| 3069 |
An entrepreneur notices that more people are shifting to digital payments every year. Which pair of businesse… |
Entrepreneurship
Spotting trends |
Hard |
| 3070 |
The stage of the creative process in which a solution suddenly flashes in the mind is: |
Entrepreneurship
Creativity and innovation |
Easy |
| 3071 |
Which statement correctly distinguishes creativity from innovation? |
Entrepreneurship
Creativity and innovation |
Easy |
| 3072 |
A designer studies a problem deeply, then stops working on it for a few days while doing other tasks, after w… |
Entrepreneurship
Creativity and innovation |
Medium |
| 3073 |
A company adds a longer-lasting battery to its existing model of mobile phone. This is an example of: |
Entrepreneurship
Creativity and innovation |
Medium |
| 3074 |
According to Schumpeter's idea of innovation, which of the following counts as an innovation even though no n… |
Entrepreneurship
Creativity and innovation |
Hard |
| 3075 |
The step in which clearly unsuitable ideas are eliminated before detailed study is called: |
Entrepreneurship
Selecting the right opportunity |
Easy |
| 3076 |
Checking whether the required machinery and skilled workers are available is part of: |
Entrepreneurship
Selecting the right opportunity |
Easy |
| 3077 |
Neha estimates the capital needed for a bakery and checks whether expected sales will cover costs with a reas… |
Entrepreneurship
Selecting the right opportunity |
Medium |
| 3078 |
Which order of steps in selecting an opportunity is correct? |
Entrepreneurship
Selecting the right opportunity |
Medium |
| 3079 |
Two ideas have equal market demand and equal expected profit. One needs skills the entrepreneur already has; … |
Entrepreneurship
Selecting the right opportunity |
Hard |
| 3080 |
In which form of business organisation does a single owner bear unlimited liability and take all the profit? |
Entrepreneurship
Forms of business organisation |
Easy |