32. SMEs most probably use:The naive or pragmatic ruleThe strategy ruleThe naive ruleThe pragmatic rule33. The main benefit of planning an international centralized decision making structure is that:34. The main advantage of employing a differentiation strategy in international marketslies in that:
35. One of the following does not represent a general market risk in the internationalization process:36. Entrepreneurs take risks in converting ideas into action 37. Entrepreneurs are gamblers. 38. An entrepreneur constantly strives for the excellence. 39. Entrepreneurs are born not made.40. An entrepreneur generates employment for others.
41. Entrepreneur is an independent person. 42. An entrepreneur should learn after commiting the mistakes repeatedly.43. A person who does not have decision making power cannot be an entrepreneur.44.Lack of self confidence is the secret of success of all entrepreneurs.45. An entrepreneur should have the capacity to take timely decision46. Only rich persons can start a business.47. A small industry can be started by an entrepreneur in his own premises or rented premises.48. An entrepreneur should start a business far away from the customer’s residences.
False49. Large amount of working capital is not required for small business.50. Sales promotion technique should be used for marketing the product.51. Which one of them is not an importance of entrepreneur?52. Point out the quality in an entrepreneurInitiativeLack of experienceLack of confidenceLack of decision making ability53. Which one in not function of an entrepreneur?