Tag: entrepreneurship

Questions Related to entrepreneurship

Amongst all which are the challenges that are NOT to be faced by an Entrepreneur?

  1. Rules that protect employers

  2. Global competition

  3. Changes around the globe

  4. Delayed payments


Correct Option: A

What type of entrepreneur do not do new things?

  1. Superstar

  2. Fireball

  3. Jugglers

  4. Sustainers


Correct Option: D
Explanation:
Sustainer-The sustainers entrepreneur category consists of people who like the thought of the balancing work and apersonal life. Most often they do not wish the business to grow too large where it will cut into their personal life too much. They do not do new things.

Which of the following is not a type of entrepreneur?

  1. Villain

  2. Artiste

  3. Fireball

  4. Superstar


Correct Option: A
Explanation:
Following are the types of entrepreneurs
(i)Idealist
(ii)Optimiser
(iii)Hard workers
(iv)Sustainers
(v)Improver
(vi)Advisor
(vii)Superstar
(viii)Artiste
(ix)Visionary
(x)Analyst
(xi)Fireball
(xii)Jugglers
(xiii)Hero
(xiv)Healer.
 Villian is not a type of enterpreneur.


For developing a successful environment for an Indian Entrepreneur which of the following things are required?

  1. A comfortable environment of start the business

  2. An access to capital

  3. Knowledge of emerging markets

  4. All of the above


Correct Option: D

Bills gates is considered which of the type of entrepreneur ________.

  1. visionary

  2. superstar

  3. sustainer

  4. idealist


Correct Option: A
Explanation:
Visionary-Visionaries are entrepreneurs driven by a desire to change the world - and the capacity to imagine how to do so. Bill gates drive to change the world.

Possible changes in technology; leads to _______ type of challenge for an Entrepreneur.

  1. achievement oriented

  2. risk oriented

  3. involves management skills

  4. none of the above


Correct Option: B

Which of the following receives highest investment?

  1. High potential venture

  2. Foundation firm

  3. Life style

  4. A limited company


Correct Option: A

Focus area for Indian entrepreneurship development are ________.

  1. right skill

  2. smart capital

  3. right environment

  4. all of the above


Correct Option: D

For an entrepreneur what is required?

  1. Availability of demand

  2. Scarcity of supply

  3. Opportunity

  4. All of the above


Correct Option: D

It is proved that most business failed because of improper planning of an/a _________.

  1. investor

  2. marketer

  3. entrepreneur

  4. consultant


Correct Option: C