NPTEL Business Fundamentals For Entrepreneurs Week 1 Assignment Answers 2023

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NPTEL Business Fundamentals For Entrepreneurs Assignment Solutions

NPTEL Business Fundamentals For Entrepreneurs Week 1 Assignment Answers 2023

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
Answer :- For Answer Click Here

2. You can understand the ‘social environmnent’ relevant to a business by looking at its customers’….

  • Age
  • Income
  • Education, Social Trends
  • All of these
Answer :-  For Answer Click Here

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
Answer :-  For Answer Click Here

4. Which of the following choices is an example of an emerging technology (that did not exist before)?

  • Agriculture
  • Manufacturing
  • Mining
  • Cryptocurrency
Answer :-  For Answer Click Here

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
Answer :-  For Answer Click Here

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.
Answer :-  For Answer Click Here

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
Answer :-  For Answer Click Here

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
Answer :-  For Answer Click Here

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
Answer :-  For Answer Click Here

10. The current Indian MSME Act classifies companies as

  • Micro companies
  • Small companies
  • Medium companies
  • Decacorns
  • a, b and c only
Answer :-  For Answer Click Here

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
Answer :-  For Answer Click Here

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
Answer :-  For Answer Click Here

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
Answer :-  For Answer Click Here

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
Answer :-  For Answer Click Here

15. Which of the following is an Indian conglomerate?

  • Tata Group
  • Sony Group
  • Samsung Group
  • LuLu Group
Answer :- For Answer Click Here
Course NameBusiness Fundamentals For Entrepreneurs
CategoryNPTEL Assignment Answer
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