NPTEL Entrepreneurship Week 9 Assignment Answers 2024
1. One of the important characteristics even if for an all-powerful CEOs is to have the
- The humility of advocacy
- The consensus from all stakeholders
- Both (a) and (b)
- Neither (a) nor (b)
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2. According to Global Entrepreneurship Monitor, China is a:
- Factor driven economy
- Efficiency driven economy
- Innovation driven economy
- All of the above
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3. Current start-up model in India appears to be:
- Share-seeking model
- Loss-funding model
- Consumption-based model
- All of the above
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4. Given the resource constraints, Indian start-ups must aim at:
- Low cost ventures to manage within available funds
- Early proof-of-concept of novel products to get greater funding
- Informal self-employment
- Traditional, proven products
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5. Most digital start-ups in consumption sector focus on:
- Individual as customer
- Business as customer
- Information technology as customer
- None of the above
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6. For Founder to CEO transition to be successful in a start-up, the CEO must possess, beyond, technical and business skills:
- Ability to invest in the start-up
- Ability to quit at any time
- Cultural skills and fit
- Constantly questioning attitude
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7. An effective CEO is one who has
- Operational skills
- Strategic skills
- Cultural skills
- All of the above
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8. In terms of ensuring good corporate governance, a start-up must have the following from the very beginning:
- A board comprising independent experts and leaders, including the founder and co-founder
- An organisation structure
- A recruitment procedure
- A hire and fire policy
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9. Increase in entrepreneurship is proportional to increase in the following, fundamentally:
- Liberal education
- STEM education
- Coaching
- Non-STEM education
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10. tructurally, the Japanese industrial ecosystem enables technological innovation:
- In select pockets of the value chain
- All across the value chain
- Only where large companies need
- Only by large firms
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