1. Entrepreneur means “to undertake.”

• TRUE

• FALSE

2. Entrepreneurship is a process of actions of an entrepreneur who is always in search of opportunities.

• TRUE

• FALSE

3. The greatest significance of entrepreneurship is to help identify and develop the managerial capabilities of entrepreneurs.

• TRUE

• FALSE

4. Entrepreneurship will lead to the creation of organizations.

• TRUE

• FALSE

5. Entrepreneurship can improve the life of the entrepreneur only.

• TRUE

• FALSE

6. Coward people will become successful entrepreneur.

• TRUE

• FALSE

7. An entrepreneur is a “Risk Taker”.

• TRUE

• FALSE

8. Entrepreneurship is not an economic activity.

• TRUE

• FALSE

9. Entrepreneurs are innovative.

• TRUE

• FALSE

10. Profit potential is the compensation of the entrepreneur.

• TRUE

• FALSE