NPTEL Entrepreneurship Week 6 Assignment Answers 2024
1. Which of the following is not a methodology that supports business strategy development?
- SWOT Analysis
- PERT/CPM
- Five Forces Model
- PESTEL Analysis
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2. Just-in-time inventory system is aligned with
- Push-type demand system
- Pull-type demand system
- Econometric demand system
- Expert demand system
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3. Start-ups’ business strategy is more aligned to:
- Red ocean strategy
- Clear sky strategy
- Blue ocean strategy
- On ground strategy
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4. To reduce the adverse impact of individualized and consumption-driven packaging and distribution under digital commerce, start-ups need to focus on:
- Circular economy
- Growth economy
- Flat economy
- None of the above
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5. Which of the following is not a direct driver of demand for eyewear?
- Demographics
- Vision problems
- Industrial growth
- Sunny weather conditions
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6. Which of the following is a true statement:
- Business strategy is same as business model and vice versa
- Business model helps execute the business strategy
- Business model needs to be developed before developing the business strategy
- Companies can operate without a business model
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7. When a start-up has high innovation and high perfection in its products and processes, it would be able to develop:
- Highly delayed products
- Interesting products
- Uninteresting products
- Blockbuster products
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8. Which of the following statements is true because of automobile electrification and autonomous driving?
- There would be opportunities for several technology led startups in the new generation components
- Automobile electrification and autonomy are hyped up and offer little opportunity to start-ups
- New generation components can be easily done in the facilities of existing auto component makers
- All of the above
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9. In the automobile industry, business definition is now expressed in the broadest sense as:
- Manufacture of specific automobiles, for eg., cars
- Specific activity, for eg., road transportation
- Generic customer need, for eg., mobility
- None of the above
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10. ERP (for example, the one offered by SAP) is expanded as:
- Entrepreneurship Resource Planning
- Entrepreneurship Record Planning
- Enterprise Record Planning
- Enterprise Resource Planning
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