BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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German leadership
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U.S. leadership
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French leadership
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U.K. leadership
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Detailed explanation-1: -GATT is established in 1947, under: German leadership.
Detailed explanation-2: -Gatt is established in 1947 under the US leadership. It was a legal agreement between many countries. ts purpose was to promote international trade by reducing or eliminating trade barriers like tariffs or quotas on the principle of mutually advantageous basis.
Detailed explanation-3: -"A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be regarded as an intrapreneur (The Financial Times, 2011)."
Detailed explanation-4: -Answer: d. Ownership position of less than 50 per cent in a business is known as: Majority Interest.
Detailed explanation-5: -Serial entrepreneurs own more than one business at a time.