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Questions and Answers
What is the purpose of SWOT analysis in business?
What is the purpose of SWOT analysis in business?
- To predict the future market trends of a business
- To analyze the external opportunities and threats of a business
- To analyze the internal strengths and weaknesses of a business (correct)
- To analyze the environmental factors of a business
What is the main focus of Intrapreneurship?
What is the main focus of Intrapreneurship?
- Acquiring small businesses to expand operations
- Developing products for international markets
- Implementing new ideas within an existing organization (correct)
- Seeking external investment for startups
Which classification of entrepreneurs is based on Clarence Danhof's work?
Which classification of entrepreneurs is based on Clarence Danhof's work?
- Serial entrepreneurs
- Fabian entrepreneurs
- Imitative entrepreneurs (correct)
- Innovative entrepreneurs
What are some common causes of Business Risks?
What are some common causes of Business Risks?
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What distinguishes Managerial Roles according to Mintzberg's theory?
What distinguishes Managerial Roles according to Mintzberg's theory?
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In the context of business, what is the significance of Enterprise?
In the context of business, what is the significance of Enterprise?
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What is the main difference between authority and responsibility in management?
What is the main difference between authority and responsibility in management?
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Why is delegation of authority important in management?
Why is delegation of authority important in management?
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What does Change Management focus on?
What does Change Management focus on?
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What is the ADKAR model used for in Change Management?
What is the ADKAR model used for in Change Management?
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What distinguishes automation from mechanization?
What distinguishes automation from mechanization?
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How does automation impact people in workplaces?
How does automation impact people in workplaces?
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