Question : Case Study 5: Benefits of Entrepreneurship Development

ABC Textiles is a textile manufacturing company that has been operating for over two decades. Due to technological advancements, the company faced stiff competition from newer, more efficient manufacturers. The management decided to invest in training their employees in the latest technologies and innovative techniques, resulting in increased productivity and better product quality.

Question:

What benefit did ABC Textiles experience by investing in employee training?

Option 1: Increased competition from other manufacturers
 

Option 2: Decreased productivity
 

Option 3: Better product quality and increased productivity

Option 4: Loss of market share

Question : Case Study 5: Benefits of Entrepreneurship Development

ABC Textiles is a textile manufacturing company that has been operating for over two decades. Due to technological advancements, the company faced stiff competition from newer, more efficient manufacturers. The management decided to invest in training their employees in the latest technologies and innovative techniques, resulting in increased productivity and better product quality.

Question:

How did entrepreneurship development contribute to ABC Textiles' success?

Option 1: By reducing the number of employees
  

Option 2: By ignoring technological advancements
   

Option 3: By investing in employee training and innovation

Option 4: By shifting production to another country

Question : Case Study 5: Benefits of Entrepreneurship Development

ABC Textiles is a textile manufacturing company that has been operating for over two decades. Due to technological advancements, the company faced stiff competition from newer, more efficient manufacturers. The management decided to invest in training their employees in the latest technologies and innovative techniques, resulting in increased productivity and better product quality.

Question:

How did entrepreneurship development contribute to ABC Textiles' success?

Option 1: By reducing the number of employees
  

Option 2: By ignoring technological advancements
   

Option 3: By investing in employee training and innovation

Option 4: By shifting production to another country

Question : Which of the following is not a benefit of entrepreneurship development for society?

Option 1: Economic growth and development
  

Option 2: Reduction in income inequality
    

Option 3: Increased competition and market efficiency

Option 4: Increased government control over business activities

Question : Case Study 75

ABC Corporation is a well-known company with its shares listed on a stock exchange. The company's management is reviewing the concept of dematerialization.

Question : 

What is the primary advantage of dematerialization for investors?

Option 1: Lower brokerage fees
 

Option 2: Increased dividend payouts
 

Option 3: Enhanced voting rights

Option 4: Higher interest rates