NPTEL Business Fundamentals For Entrepreneurs Assignment Solutions
NPTEL Business Fundamentals For Entrepreneurs Week 1 Assignment Answers 2023
1. Which of the following is not an Indian business?
- Tata Group
- Aditya Birla Group
- Microsoft Corporation
- Mahindra Group
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2. You can understand the ‘social environmnent’ relevant to a business by looking at its customers’….
- Age
- Income
- Education, Social Trends
- All of these
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3. You can understand the ‘economic environment’ existing in a country by looking at its…
- Per capita income
- GDP
- Export-import data
- None of these
- a, b and c
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4. Which of the following choices is an example of an emerging technology (that did not exist before)?
- Agriculture
- Manufacturing
- Mining
- Cryptocurrency
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5. Which of the following is a support activity, when you are considering Michael Porter’s value chain model, as discussed in the course?
- Inbound logistics
- Operations
- Outbound logistics
- Human resource management
- All of these
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6. The product you create in your business should have all of the following qualities EXCEPT
- It should do your customers’ work faster than the products made by your competitors.
- It should work better than the products of your competitors.
- It should always be more expensive than the products of your competitors.
- It should deliver more satisfaction to your customers than the products of your competitors.
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7. Which of the following is not a business skill of the future, as discussed in the course?
- Problem solving
- Working with people
- Self management
- Writing long, confusing emails using very difficult words
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8. Which of the following is NOT a characteristic of a normal company in India, according to the discussions in the course?
- It exists for 20 years only
- It is a separate legal entity
- It can sue and be sued
- It is an artificial person created by law
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9. Which of the following is a wrong statement, as discussed in the course?
- Small neighborhood store can be a company
- NGO cannot be a company
- Hospital can be a company
- Manufacturing unit can be a company
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10. The current Indian MSME Act classifies companies as
- Micro companies
- Small companies
- Medium companies
- Decacorns
- a, b and c only
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11. Choose the wrong option from the following (according to current Indian rules)
- A listed company is one that is listed on popular websites
- A parent company owns all or most of its subsidiary company
- A startup must have a scalable business model
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12. According to discussions in the course, creating a startup needs
- Customer problem identification
- Business model definition
- Novel solution design
- a, b and c
- a and c only
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13. Which of the following is not needed when you are registering a company in India?
- Digital signature certificate
- Digital identification number
- Registration on MCA portal
- Certificate of incoporation
- a, b, c and d
- Company head office in a foreign location
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14. Complete the following sentence in the context of this course. A conglomerate is a
- consolidated grouping of several different companies
- sedimentary rock
- small startup
- shirt company
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15. Which of the following is an Indian conglomerate?
- Tata Group
- Sony Group
- Samsung Group
- LuLu Group
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