Tag: entrepreneurship

Questions Related to entrepreneurship

What is true about entrepreneurs?

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. Entrepreneurs are made not born

  2. Anyone can start a business.

  3. Entrepreneurs are gamblers

  4. Age is not a barrier for Entrepreneurships

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Correct Option: D

Mr. A is influencing an Entrepreneur's s career choice and style. Mr. A is a _______.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. role mode

  2. moral-support network

  3. professional support network

  4. support system.

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Correct Option: A

The primary motivating force behind entrepreneurs is ________.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. money

  2. fame

  3. achievement

  4. recognition.

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Correct Option: C

The primary reason entrepreneurs start companies is to _________.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. recover from a layoff

  2. create something new

  3. make money

  4. control their own lives.

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Correct Option: A

The business plan should be prepared by _________.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. entrepreneurs

  2. consultants

  3. engineers

  4. small business administration services

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Correct Option: A

Entrepreneurial experience becomes increasingly important as ____________.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. work load increases

  2. complexity of venture increases

  3. complexity of work increases

  4. none of the above.

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Correct Option: B

Personal characteristics to be a successful entrepreneur includes ________.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. understanding environment

  2. creating management options

  3. encourage open discussion

  4. all of the above.

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Correct Option: D

Nearly two years ago. Amit launched a business that has just failed. As a typical Entrepreneur, what will he most likely do?

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. Go to work for a major corporation.

  2. Try to learn from his failed venture so that he will not make the same mistake in the future.

  3. Give up on becoming a successful Entrepreneur.

  4. Spend the rest of his life wondering what happened to high business.

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Correct Option: B

What has not been associated with entrepreneur's success?

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. Commitment and determination.

  2. Creativity, self-reliance and ability to adapt

  3. Leadership

  4. Motivation to fail.

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Correct Option: D

As per the report of Mckinsey and company Nasscom report, India needs at least ________ new business.

organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

  1. 8000

  2. 9000

  3. 10000

  4. self-sufficient.

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Correct Option: A