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Test: Dimensions of Entrepreneurship - 1 - B Com MCQ


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10 Questions MCQ Test - Test: Dimensions of Entrepreneurship - 1

Test: Dimensions of Entrepreneurship - 1 for B Com 2024 is part of B Com preparation. The Test: Dimensions of Entrepreneurship - 1 questions and answers have been prepared according to the B Com exam syllabus.The Test: Dimensions of Entrepreneurship - 1 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Dimensions of Entrepreneurship - 1 below.
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Test: Dimensions of Entrepreneurship - 1 - Question 1

What is the main distinction between entrepreneurs and intrapreneurs?

Detailed Solution for Test: Dimensions of Entrepreneurship - 1 - Question 1
Entrepreneurs are generally focused on building and running their own businesses, while intrapreneurs are employees within a company who take initiative to solve specific problems or innovate within the organization.
Test: Dimensions of Entrepreneurship - 1 - Question 2

What role do intrapreneurs play in a company?

Detailed Solution for Test: Dimensions of Entrepreneurship - 1 - Question 2
Intrapreneurs contribute significantly to a company's productivity by taking risks and finding innovative ways to solve problems, which can lead to process improvements and new ideas.
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Test: Dimensions of Entrepreneurship - 1 - Question 3

What does the term "technopreneurship" refer to?

Detailed Solution for Test: Dimensions of Entrepreneurship - 1 - Question 3
Technopreneurship involves merging technology proficiency with entrepreneurial talent to create and manage businesses that leverage technological advancements.
Test: Dimensions of Entrepreneurship - 1 - Question 4
What distinguishes a technopreneur from a traditional entrepreneur?
Detailed Solution for Test: Dimensions of Entrepreneurship - 1 - Question 4
A technopreneur's ability to accumulate and manage knowledge, coupled with mobilizing resources, sets them apart from traditional entrepreneurs.
Test: Dimensions of Entrepreneurship - 1 - Question 5
What is the significance of intellectual assets in the digital economy?
Detailed Solution for Test: Dimensions of Entrepreneurship - 1 - Question 5
In the digital economy, information, objects, images, videos, etc., take on greater value when converted into digital formats, contributing to the growth of the cultural and creative industries.
Test: Dimensions of Entrepreneurship - 1 - Question 6
What role do cultural entrepreneurs play in terms of community engagement?
Detailed Solution for Test: Dimensions of Entrepreneurship - 1 - Question 6
Cultural entrepreneurs can leverage community engagement to drive social development and act as catalysts for positive change within communities.
Test: Dimensions of Entrepreneurship - 1 - Question 7
Why is flexibility important for netpreneurs in the current economic environment?
Detailed Solution for Test: Dimensions of Entrepreneurship - 1 - Question 7
The rapid changes in the digital landscape demand flexibility from netpreneurs to adapt to shifts in technology, competition, and market trends.
Test: Dimensions of Entrepreneurship - 1 - Question 8
What is the main challenge related to distribution for netpreneurs?
Detailed Solution for Test: Dimensions of Entrepreneurship - 1 - Question 8
Distribution, in terms of broadcasting brand identity and products, is a significant challenge for netpreneurs as they need to build and sustain their brand presence to succeed.
Test: Dimensions of Entrepreneurship - 1 - Question 9
What is the primary focus of niche-focused netpreneurs?
Detailed Solution for Test: Dimensions of Entrepreneurship - 1 - Question 9
Netpreneurs often find success by concentrating their efforts on specific niches or well-defined market sectors, where they can establish a strong position.
Test: Dimensions of Entrepreneurship - 1 - Question 10
What is the main takeaway from the concept of technopreneurship?
Detailed Solution for Test: Dimensions of Entrepreneurship - 1 - Question 10
Technopreneurship emphasizes the fusion of technology skills and entrepreneurial acumen as a key factor in achieving success in the digital economy.
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