Question
What does the term "bootstrapping" mean in the context
of entrepreneurship?Solution
Bootstrapping refers to the practice of starting and growing a business with little or no external capital. Entrepreneurs relying on bootstrapping often use personal savings, revenue generated by the business, or loans from friends and family to fund their ventures, thus maintaining control and ownership.
What is the term used to describe the process of discontinuing a product, service, or business unit due to low profitability or market demand?
Management tactics purported to maximize innovation for an entrepreneurship include all but which of the following items?
Which Indian government initiative focuses on supporting startups with funding, mentorship, and other resources?
Which of the following is not an aggressiveness strategy?
Which of the following is NOT a type of innovation?
A bonus or financial aid which is given by a government to an industry to help it compete with others in markets is known as _____
What is the term used to describe the process of scaling up a startup into a sustainable and profitable business?
What is the term used to describe the process of transforming an idea or invention into a marketable product or service?
As defined by the Mc Kinsey group which of the following is not a key characteristic of Innovation?
Which of the following best characterize intrapreneurship?