1.Which one of the following is the ideal type of international entry arrangement for the small firms in the initial stage?
a) Licensing
b) Minority Interests.
c) Joint Ventures.
d) Majority Interest.
2. Pathao started its ride-sharing business in 2016. Soon, Shohoz, Pickme, OBHAI etc followed Pathao and currently holding a reasonable market share. Currently, BabaRafi also started its ride-sharing business. However, the response rate from the customer is very poor along with high competition from the market. Eventually it leaves BabaRafi into a failed business idea. What maybe the main reason behind BabaRafi’s failure?
a) Market information was not clear
b) The resource bundle was valuable, rare and inimitable
c) The window of opportunity was closed
d) Marketing was not right
3. Airbnb has developed the idea of providing accommodation sharing service throughout the mobile application. Nobody has picked this opportunity like Airbnb and the timing to enter the market was perfect (2008/09 during the economic recession). The execution of the business idea was also flawless. What impact does Airbnb have in the hotel industry in terms of the entrepreneurial spectrum?
a) Development of brain insight
b) Reducing competition
c) Executing the idea
d) Market improvement of the overall hotel industry
4. In 2013, Microsoft bought Nokia for $7.2 billion to promote its own mobiles in the global market. But just after two years, Microsoft cut off 7,800 jobs and wrote off $7.2 billion realizing that Nokia was a failed project for them. What kind of entrepreneurial mistake did Microsoft make in its decision making?
a) Overestimating the window of opportunity
b) Error of commission
c) Error of omission
d) Miscalculating strategies