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MGT602 Midterm 11

The document discusses several business and entrepreneurship related questions without providing answers. It mentions ideas for new product development, reasons for mergers, skills required by entrepreneurs, and definitions of terms like trademark, entrepreneurship, and how entrepreneurs view change. The document appears to be a collection of exam or discussion questions rather than a coherent business plan or analysis.

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zahidwahla1
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108 views

MGT602 Midterm 11

The document discusses several business and entrepreneurship related questions without providing answers. It mentions ideas for new product development, reasons for mergers, skills required by entrepreneurs, and definitions of terms like trademark, entrepreneurship, and how entrepreneurs view change. The document appears to be a collection of exam or discussion questions rather than a coherent business plan or analysis.

Uploaded by

zahidwahla1
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as RTF, PDF, TXT or read online on Scribd
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one of t e mentioned /4n5 66666666 is a document t at t oroug l& explains a %usiness idea and ow it will %e carried out 7usiness plan Mar%eting plan Q 1: How existing 89sum9 Marks 3 /nal&sis

companies can serve as a source of new product development idea?

Q 2: Explain design patents Marks 3 e organi:ation never %e a%le to make t e necessar& Q 3: W at are t ewill ma!or reasons of merger? Marks 3 c anges wit out666666666 Q ": How licensing is used to enter in international market? Marks 3 &op management #ommitment Emplo&ees W;8<E82 .;.E -HE ;7;>E Q #: W ;= at skills are re$uired %& an entrepreneur? Marks 3
- e most successful entrepreneurs sa& t e& are motivated %&

Q ': (ive a %rief description of eac of t e following Marks 1) e desire for mone& and to make t eir vision come true0 MCQS
- e desire for mone&0 - e desire to makect eir vision cometo true0 *ersonal aracteristics %e a

successful entrepreneur includes /ll of t e mentioned a%ove o+nderstanding environment =31 3. -HE 71/.<2 o,reating management options oEncourage open discussion -wo companies forming t ird compan& is 'oint venture o All of theaabove / good business plan must %e developed in order to exploit t e opportunit& defined (rea%through e development of new products wit some investment in tinnovation e foreign marketsmean knownt as tec nological c ange0 o E$uit& arrangements oNon equity arrangements (page 31) e level at w ic an individual in viewed o Management contract o .one of t e mentioned - e arrangement t at allow t e entrepreneur to enter a market wit out direct e$uit&

%& societ& is called So#ial status

/ trademark )ntrepreneurship is t is e d&namic process of creating incremental wealt A or!" symbol" name or !evi#e that a business uses to i!entify its goo!s$ / legal protection for information on foreign products0 1egal protection for intellectual works0 1egal protection for a +020 product exported to anot er countr&0
Entrepreneurs view c ange as An opportunity$ / pro%lem0 3nevita%le

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