MCQs of Economics – Entrepreneurship, Organization, And Innovation

Which of the following is not an assumption of Schumpeter’s stationary state?

The entrepreneur can be viewed as the
I- coordinator of other production resources
II- decision maker under uncertainty
III- innovator
IV- gap filler and input completer

Technical advance involves

Hagen’s On the Theory of Social Change uses psychology, sociology and anthropology to explain how a traditional agricultural society

According to William Baumol under oligopolistic competition among large, high tech business firms. innovation has

The Protestant Ethic and the Spirit of Capitalism was written by:

Capitalism is an economies system

According to Weber’s thesis

Monopoly advantage is usually the result of greater opportunities such as
I- access to more economic information than competitors
II- superior access to training and education
III- a lower discount of future earnings
IV- larger firm size

Which of the following was a socialist country?
I- Holland
II- Soviet Union
III- China
IV- India

Which of the following is TRUE about gender and business world?

Which of the following is an example of a Schumpeterian innovation?

Joseph Schumpeter is the exceptional economist who links the entrepreneur to