Download CMAT 2022 Innovation and Entrepreneurship Questions PDF by Cracku. Very Important Innovation and Entrepreneurship Questions for CMAT 2022 based on asked questions in previous exam papers. These questions will help your CMAT preparation. So kindly download the PDF for reference and do more practice.<\/p>\n
Download Innovation and Entrepreneurship Questions for CMAT<\/a><\/p>\n Enroll to CMAT crash course<\/a><\/p>\n Take CMAT mock tests here<\/a><\/p>\n Download CMAT previous papers PDF<\/a><\/p>\n Question 1:\u00a0<\/b>Which of the following is not an aggressiveness strategy?<\/p>\n a)\u00a0All the given options are aggressiveness strategies<\/p>\n b)\u00a0Building<\/p>\n c)\u00a0Harvesting<\/p>\n d)\u00a0Holding<\/p>\n e)\u00a0Intensification<\/p>\n Question 2:\u00a0<\/b>What does Innovation in Marketing refer to?<\/p>\n a)\u00a0Creating a new idea of thought<\/p>\n b)\u00a0Discovering new products<\/p>\n c)\u00a0Modifying an old idea to present needs<\/p>\n d)\u00a0Exploring new ways of being competitive<\/p>\n e)\u00a0All of the above<\/p>\n Question 3:\u00a0<\/b>India along with which country launched Innovation Bridge to link start-up companies?<\/p>\n a)\u00a0Israel<\/p>\n b)\u00a0South Africa<\/p>\n c)\u00a0Brazil<\/p>\n d)\u00a0UK<\/p>\n e)\u00a0Germany<\/p>\n Question 4:\u00a0<\/b>Atal Innovation Mission – flagship Programme of think tank NITI Aayog, has recently signed a statement of intent with which of the following organization to promote culture of innovation and entrepreneurship across 100 Atal Tinkering Labs in the country?<\/p>\n a)\u00a0Infosys<\/p>\n b)\u00a0TCS<\/p>\n c)\u00a0Tech Mahindra<\/p>\n d)\u00a0SAP<\/p>\n e)\u00a0Wipro<\/p>\n Question 5:\u00a0<\/b>NASSCOM foundation along with which of the following has launched the \u2018Innovate for accessible India\u2019 campaign to empower persons with disabilities?<\/p>\n a)\u00a0Microsoft India<\/p>\n b)\u00a0Google India<\/p>\n c)\u00a0IBM India<\/p>\n d)\u00a0Tata Consultancy Services<\/p>\n Get 5 CMAT mocks at just Rs.299<\/a><\/p>\n Download CMAT Previous Papers PDF<\/a><\/p>\n Question 6:\u00a0<\/b>World Innovation and Creativity Day is observed on which date .<\/p>\n a)\u00a0March 21<\/p>\n b)\u00a0April 21<\/p>\n c)\u00a0March 29<\/p>\n d)\u00a0May 29<\/p>\n e)\u00a0April 30<\/p>\n Question 7:\u00a0<\/b>Indian National Startup Day 2022 was celebrated on?<\/p>\n a)\u00a0February 2nd<\/p>\n b)\u00a0January 14th<\/p>\n c)\u00a0January 16th<\/p>\n d)\u00a0January 28th<\/p>\n Question 8:\u00a0<\/b>Indian Innovation hub formed a partnership with which one of the following institutes to promote Indian startups in expo Dubai<\/p>\n a)\u00a0Dubai Chair Council<\/p>\n b)\u00a0Emirates Council<\/p>\n c)\u00a0Dubai Silicon Oasis<\/p>\n d)\u00a0Dubai Willin Choir<\/p>\n Question 9:\u00a0<\/b>As defined by the Mc Kinsey group which of the following is not a key characteristic of Innovation?<\/p>\n a)\u00a0Envision<\/p>\n b)\u00a0Aspire<\/p>\n c)\u00a0Discover<\/p>\n d)\u00a0Evolve<\/p>\n Question 10:\u00a0<\/b>What does the law of supply in economics mean\u00a0?<\/p>\n a)\u00a0All factors being equal the price of a product is completely independent of the supplies of a product.<\/p>\n b)\u00a0All factors being equal the quantity of products in a market increases the price of the product gets decreased.<\/p>\n c)\u00a0All factors being equal the price of a product increases the number of products in the market decreases.<\/p>\n d)\u00a0All factors being equal as the price of a product increases the number of products in the market increases.<\/p>\n Take CMAT Mock Tests<\/a><\/p>\n Answers & Solutions:<\/strong><\/span><\/p>\n 1)\u00a0Answer\u00a0(D)<\/strong><\/p>\n Aggressiveness strategies are rated according to their marketing assertiveness, their risk propensity, financial leverage, product innovation, speed of decision making, amongst others. Typically, the range of aggressiveness strategies is classified into four categories: prospector, defender, analyser and reactor.<\/p>\n 2)\u00a0Answer\u00a0(A)<\/strong><\/p>\n Innovation is about finding a better way of doing something. Innovation can be viewed as the application of better solutions that meet new requirements, in-articulated needs, or existing market needs. This is accomplished through more effective products, processes, services, technologies, or ideas that are readily available to markets.<\/p>\n 3)\u00a0Answer\u00a0(A)<\/strong><\/p>\n 4)\u00a0Answer\u00a0(D)<\/strong><\/p>\n 5)\u00a0Answer\u00a0(A)<\/strong><\/p>\n Microsoft India Pvt Ltd. and NASSCOM foundation jointly launched \u2018Innovate for Accessible India\u2019 campaign aimed at empowering persons with disabilities with new technologies for better integration into society.<\/p>\n 6)\u00a0Answer\u00a0(B)<\/strong><\/p>\n World Innovation and Creativity Day is observed on April 21 .<\/p>\n 7)\u00a0Answer\u00a0(C)<\/strong><\/p>\n National Startup Day 2022 in India was celebrated on Jan 16th<\/p>\n 8)\u00a0Answer\u00a0(C)<\/strong><\/p>\n Indian innovation hub in partnership with Dubai Silicon Oasis announced a partnership to facilitate 200 Indian startup ideas in the Dubai Expo.<\/p>\n 9)\u00a0Answer\u00a0(A)<\/strong><\/p>\n Aspire, Discover, Evolve are part of the eight key characteristics in Innovation as defined by Mc Kinsey group<\/p>\n 10)\u00a0Answer\u00a0(A)<\/strong><\/p>\n The law of supply states that all factors being equal as the price of a good or service increases results in an increase in the quantity supplied.<\/p>\n