22. Professional support network includes following EXCEPT:
Personal affiliations
Mentor
Friends
Trade associations
Correct answer: (C) Friends
23. The period in which the money person entered into a contract with the go-between to sell his goods is known as
Middle ages
18th century
17th century
Earliest period
Correct answer: (D) Earliest period
24. Which one of the Following is not the way by which an entrepreneur can enter into international business?
Export
Non equity arrangements
Direct foreign investment
Communication
Correct answer: (D) Communication
25. ______________ viewed the entrepreneur as a risk taker who "buy(s) at an uncertain price, therefore operating at a risk".
Eli Whitney
Edward hariman
Richard cantillon
Thomas Edison
Correct answer: (C) Richard cantillon
26. Female entrepreneurs differ from male entrepreneurs in terms of all of the following EXCEPT:
Motivation
business skills
Departure point
Goal orientation
Correct answer: (D) Goal orientation
27. An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information?
Supplier
Retailer
Competition
Government bureau
Correct answer: (B) Retailer
28. Which of the following factors does not affect a person for being an entrepreneur?
Gender
Education
Family background
values
Correct answer: (C) Family background
29. Which of the following factors does not affect a person for being an entrepreneur?
Work history
Nationality
Education
Personal values
Correct answer: (B) Nationality
30. The former USSR received technology and syrup from Pepsi and provided it with Soviet vodka and rights to distribute it in the US. This is an example of: