CMAT Innovation and Entrepreneurship Questions

Who is a Fabian Entrepreneur?

Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R).

Assertion (A): The management of technological innovation is usually required under circumstances with increased vagueness, uncertainty and risk, and companies are giving importance to it.
Reasons (R): Given that technological innovation is for many companies a primary way of competition in the twenty-first century, its management is an activity of vital importance.

In light of the above statements, choose the most appropriate answer from the options given below:

Match List I with List II :

Choose the correct answer from the options given below :

Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R).

Assertion (A): Bootstrapping entrepreneurship is one of the most adopted forms of entrepreneurship in India.
Reasons (R): Managing a business through one's own financial resources is the first and easiest option available for the entrepreneur to start a business.

In light of the above statements, choose the most appropriate answer from the options given below :

Which term refers to the initial phase of a startup when it starts to develop its product?

Given below are two statements :
Statement I: An intrapreneur operates within a large organisation to drive innovation.
Statement II: An intrapreneur is the same as an entrepreneur, working independently to start a new business.

In light of the above statements, choose the most appropriate answer from the options given below :

Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R) :

Assertion (A): Venture capital investment helps nurture innovative entrepreneurship in India.

Reason (R): The venture capital investment is a risk financing generally available in the form of equity or quasi-equity, like a convertible loan instrument, for supporting startups.

In light of the above statements, choose the most appropriate answer from the options given below:

Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R) :

Assertion (A): Apart from 'Mind Mapping', 'Reverse thinking', 'Brainstorming', and 'Brainwriting', technology has made it easier to generate quality ideas for innovation and entrepreneurship.
Reason(R): "Ideas are the building blocks for all innovation. They are what we work on, so the first step in starting anything new is finding that idea. We must make use of the different tools and techniques available to us to come up with quality ideas."

In light of the above statements, choose the most appropriate answer from the options given below :

Given below are two statements:

Statement I: Incremental innovation is concerned with the gradual improvement of existing products, services, processes, competitive positions, and organisational paradigms.
Statement II: Radical innovation involves a much higher risk than incremental innovation.

In light of the above statements, choose the most appropriate answer from the options given below:

Match List I with List II :

Choose the correct answer from the opt ions given below :

Given below are two statements:

Statement I: A business incubator typically takes an equity stake in the startups it supports.
Statement II: A business incubator provides early-stage companies with office space, mentorship, and resources in general to support them.

In light of the above statements, choose the correct answer from the options given below:

Given below are two statements:
Statement I: A startup's valuation is usually lower during the seed funding stage compared to later stages.
Statement II: Venture capital is typically the first source of funding for most startups.

In light of the above statements, choose the correct answer from the options given below:

Match List I with List II:

Choose the correct answer from the options given below :

Feasibility analysis may be processed as follows.

Venture Capital financing is ___________

(A) Type of financing by venture capital.
(B) It is private equity capital provided as seed funding to early-stage.
(C) Investment in blue-chip companies for an assured return.
(D) It is a high-risk investment made with the intention of creating high returns.
(E) Done in technology projects only.

Choose the correct answer from the options given below :

Which of the following is the primary purpose of a 'pitch deck' ?

An entrepreneur is a person who

Read the following statements carefully and respond to the question that follows.

A. In the given situation, a manufacturing plant may be an example of a business incubator.
B. Fixed monthly income is an advantage of entrepreneurship.
C. A shared workspace offering resources and support to new startups is known as a business incubator.
D. Only youngesters may become entrepreneurs.
E. Only an experienced middle-aged person may start a business.

Choose the correct answer from the options given below:

Given below are two statements

Statement I: Innovation, defined as the creation or adoption of new ideas, products, services, programs, technology, policy, structure, or administrative systems, is acknowledged as a source of sustained competitive advantage for many organisations.
Statement II: The innovation adoption process does not depend upon the 'initiation stage,' which includes recognition of a need, knowledge acquisition, initial attitude formation, and innovation selection.

In light of the above statements, choose the correct answer from the options given below:

Match List I with List II :

Choose the correct answer from the options given below :