Small Business Enterprise

Full form of MSME is

• a. Mini, small and Micro Enterprises

• b. Micro, Small and Medium Enterprises

• c. micro, Small and Macro enterprises

• d. Micro, small and Mini Enterprises

The process of starting & operating one's own business.

• Entrepreneurship
• Entrepreneur
• Venture

Who can own a small business?

• Only a college graduate
• Anyone
• Only someone with a lot of money
• Only smart people

What is an entrepreneur?

• A person who is in charge of a specific location.
• A person who works for someone else in order to learn skills.
• A person who organizes and operates a business or businesses.
• None of these

ALL entrepreneurs have a college degree.

• True
• False

The activity of presenting products or services to customers

• selling
• producing
• marketing

A new or different product

• Harvesting
• Innovation
• Opportunity
• Risk

Which is NOT a common characteristic of an entrepreneur?

• risk-taker
• creative
• organized
• irresponsible

A concept that can be used to make money.

• Business

• Entrepreneur

• Small Business

• Business idea

Provide intangible products.

• Manufacturing Business

• Entrepreneur

• Service Business

• Merchandising Business