Entrepreneurship Development

Front

An individual who initiates, creates and manages a new business can be called _____________.

Back

An entrepreneur

Front

Trademarks relate to _______.

Back

Brand identity

Front

What could provide an individual with the motivation to start a new business venture?

Back

The financial rewards, a desire to be independent, and risk-taking.

Front

The entrepreneur was distinguished from capital provider in:
a) Middle ages
b) 17th century
c) 18th century
d) 19th and 20th century

Back

18th century

Front

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:

Back

Intrapreneur

Front

EDP (Entrepreneurship Development Programmes) is required to help:
a) Existing entrepreneurs
b) First generation entrepreneurs
c) Future generation entrepreneurs
d) None of the above

Back

First generation entrepreneurs

Front

A Micro Enterprise is an enterprise where investment in plant and machinery does not exceed (According to MSMED Act, 2006):
Options:
a) Rs. 25 Lakh
b) Rs. 20 Lakh
c) Rs. 15 Lakh
d) Rs. 30 Lakh

Back

Rs. 25 Lakh

Front

Why should an entrepreneur do a feasibility study for starting a new venture?

Back

To see if there are possible barriers to success

Front

What is the next stage after the Concept Stage in Product Planning and Development?

Back

Product Development Stage

Front

What is the process by which individuals pursue opportunities without regard to resources they currently control?

Back

Entrepreneurship