Entrepreneurship Unit - 1 & 2

Which of the following is not a function of an entrepreneur?

• Entrepreneurial Functions

• Political functions

• Managerial functions

• Commercial functions

The new age business ventures are more _____________ and not just product based.

Entrepreneurship is the yard stick to measure the development of a country, hence is known as ___________ of a nation.

Meenakshi started a business of high heel sandals with push buttons so that heels can be reduced; it reveals ________________ type of entrepreneurial function.

Gregarious creatures, human have a need to belong. In workplace, this need may be satisfied by an ability to interact with one’s co-workers. Which need of Maslow’s hierarchy of needs theory is discussed here?

• Affiliation

• Social

• Ego and esteem

• Safety needs

The four pillars of Ethical entrepreneurship are ____________, Integrity, decency and sustainability.

____________ entrepreneurs start their business because of their natural talents.

• Spontaneous

• Induced

• Motivated

The government launched a programme for pollution free zones and provides financial assistance to entrepreneurs. By inducing such assistance, Ms. A was induced to enter into entrepreneurship. Name the type of entrepreneur being talked about.

The amendment notified in the Companies Act, 2013 requires companies with a net worth of INR 5 billion or more, or an annual turnover of __________ or more, or net profit of INR 50 million or more, to spend 2 percent of their average net profits of three years on CSR

• INR 10 million

• INR 10 billion

• INR 5 million

______________ entrepreneurs accept change only when they feel threatened that failure will result in losses.