Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

In the roles and functions of the entrepreneur identified by Kilby, which of the following is NOT an aspect of ‘political administration’?

Options:

Dealing with public bureaucracy

Managing human relations within the firm

Introducing new production techniques and products

Managing customer and supplier relations

Correct Answer:

Introducing new production techniques and products

Explanation:

Introducing new production techniques and products is an aspect of technology.

Political Administration (as per Kilby) :
1. Dealing with public bureaucracy (approvals, concessions, taxes)
2. Managing human relations within the firm
3. Managing customer and supplier relations.