Entrepreneurship Development

Microsoft by Bill Gates is an example of which type of entrepreneurship?

• agricultural

• social

• joint

• innovative

In which of the following types, does the entrepreneur work as a middle man?

• Joint

• private

• social

• trading

At the time of winding up, equity shareholders are giving preference in releasing their funds.

• True

• False

Which is a characteristic of a successful entrepreneur?

• Motivated

• Takes very little risk

• Passionate

• Hard-working

venture capital is not just about money

• it also provides high returns on investment

• it ensures bank secrecy

• it provides companies and entrepreneurs with technical and managerial advice

• it allows the venture capitalist to have a say in the company decisions as investors get equity in the company

The entrepreneur was distinguished from capital provider in:

• a) Middle ages

• b) 17th century

• c) 18th century

• d) 19th and 20th century

Q3. 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:

• a) Ecopreneur

• b) Technopreneur

• c) Intrapreneur

• d) Social Entrepreneur

Which of the following is not a principle of business idea creation?

• Customer need

• Entrepreneur’s own interest or talent

• Innovative

• None of these

Which of the following statements is true about Debt? 

• Debt is the amount of money you have in your checking account.
• Debt is the amount of money you have borrowed from a person or a business.
• Debt is the ability to borrow money.
• Debt is the amount of money you have in a savings account. 

Which of the following is not a part of Financial Planning?

• Cash Flow Statement

• Profit and Loss Account

• Debit Credit list

• Balance Sheet