Introduction to Entrepreneurship

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  • Created by: QT
  • Created on: 11-02-14 12:04

1. According to the internationalisation theory, if a firm's production process is highly confidential it would expand into global markets by:

  • Licensing
  • Indirect exports
  • Setting up a subsidiary abroad
  • Franchising
1 of 20

Other questions in this quiz

2. Which of the following personality traits are relevant for entrepreneurs?

  • Extraversion, conscientiousness, openness
  • Extraversion, neuroticism, conscientiousness
  • Openness, neuroticism, conscientiousness
  • Agreeableness, extraversion, openness

3. Which country would a firm wishing to globalise NOT enter?

  • A country with low labour costs
  • A country with high subsidies for domestic producers
  • A country with low inflationary risks
  • A country with low taxes

4. What is the critical point int he product evolution process?

  • Technological innovation
  • Iterative synthesis
  • Development phase
  • Recognition of social need

5. How many start-ups are there at TUM per year?

  • 16-18
  • 5-6
  • 10-12
  • 8-10

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