Question

Which of these is NOT one of the three significant factors that have enabled global entrepreneurship and innovation?

	A.	The United Nations framework for global trade
	B.	Trade Liberalization
	C.	Technological Advances
	D.	Freer movement of people and ideas.

Which of these is not true?

	A.	A countries GDP roughly correlates with its innovation capacity
	B.	Failure to consider global markets means that you may miss over 98% of the prospective market.
	C.	Great research universities seem to be a component of innovative regions.
	D.	Immigrants rarely launch new ventures.

Teams tend to be more effective if they are

	A.	Homogeneous –so that there is sufficient agreement
	B.	Heterogeneous –so that various perspectives are evaluated
	C.	Include both heterogeneity and homogeneity.
	D.	Made up of close friends with similar ideas and experiences.

Answer 1

(1)

Global entrepreneurship and innovation is the result of reduced trade barriers, free movement of resources, technological advancement, and framework of WTO to liberalize trade. The framework for global trade is provided by WTO (World Trade Organization), not UN. UN works in the areas of international peace and security.

Correct option: A

(2)

According to research, immigrants launch new ventures twice more than the native Americans in the US. So the statement given in option (D) is not true.

Correct option: D

(3)

A team is a group of people working for a common purpose. A team must work to achieve a common goal. To achieve the innovation, the team must have members with different perspectives. Different perspectives refer to heterogeneity in the team.

Correct option: B