Questions

Argentine Star Lionel Messi was chosen as the World’s Best Playmaker for the year 2016 on December 29, 2016, by the International Federation of Football History and Statistics (IFFHS). Messi topped the list with 172 points followed by Andres Iniesta at second spot with 66 points and Toni Kross third with 45 points.

The following are the factors to be considered before deciding the target audience for any advertisements:

•       Age


•       Working class (professionals)


•       Non working class (Retired/Home makers)


•       Socio economic status


•       Region specific


•       Religion/community etc. 

Black Mamba

India's first passenger train run took place from Mumbai to Thane for around 34 kms on 16th April in the year 1853. 

That train was hauled by three steam locomotives : Sahib, Sindh and Sultan.

That train had 14 carriages, carrying around 400 passengers.

Answer A is tempting because the problem focuses on changes. However, because we are talking about the elaboration of the product's characteristics, we are talking about scope changes, and therefore Answer B is the best answer. Answer C is also tempting because it is difficult to more forward on a project until the scope is clearly defined (especially in systems development projects), but with products and certain types of web development, scope changes can be frequent, and a formal scope management plan is needed. Answer D is true from a project perspective, but does not addres the scope issues.

Entrepreneurship as a theory of business was propounded by Joseph. A. Schumpeter.

Schumpeter’s Innovation Theory of Profit :

Definition:  The Innovation Theory of Profit was proposed by Joseph. A. Schumpeter, who believed that an entrepreneur can earn economic profits by introducing successful innovations.