Question No : 29
Which of the following is NOT a common method of market entry for international expansion?
Question No : 30
What type of innovation involves making incremental improvements to existing products or processes?
Question No : 31
What is the term for the initial phase of a business where the entrepreneur tests the feasibility of their business idea?
Question No : 32
What is the term for a legal form of business where the owner has limited liability?
Question No : 33
What is the term for the process of bringing a product or service to market faster than competitors?
Question No : 34
Which type of entrepreneurship involves creating and operating a business primarily for the lifestyle benefits it provides to the owner?
Question No : 35
What is the term for a person who starts and manages a business with the aim of making a profit?