Single largest factor associated with a Business Model Failure is:

 287. Single largest factor associated with a Business Model Failure is:

1. Incoherence with the Business Environment
2. Unavailability of regular banking and finance support
3. Powerful Competition
4. Complacency of the Organization and the team

Correct answer: (D)
Complacency of the Organization and the team

288. Which of the following is correct?

1. Japanese manufacturing philosophy focuses on Cost minimization.
2. Japanese manufacturing philosophy focuses on innovation.
3. Japanese manufacturing philosophy focuses on quality with minimum cost.
4. All of the above

Correct answer: (C)
Japanese manufacturing philosophy focuses on quality with minimum cost.

289. Which of the following is important in selection of an idea?

1. Novelty of idea
2. Ease of implementation of idea
3. Impact of idea
4. All of the above

Correct answer: (D)
All of the above

290. Which of the following can not be a type of reward for encouraging innovation in your organization?

1. Putting a poster mentioning your achievement alongwith your photograph on main notice board of the company
2. Giving you a Cash prize of Rs1 million
3. Giving you a promotion to some different department or location
4. None of the above

Correct answer: (C)
Giving you a promotion to some different department or location

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