World Entrepreneurship Day

Which of these actions of an entrepreneur will most likely result in creative destruction?

• Developing a new product

• Taking over a competitor’s business

• Issuing shares to individuals and institutions

• Lowering prices of your product or service

Which among these is a money manager who is involved in making risk investments from equity capital with the objective of gaining better returns?

• Bank Manager
• Financial Advisor
• Venture Capitalist
• Stock Broker

An entrepreneur who is the owner of more than one business is called

• Portfolio Entrepreneur

• Intrapreneur

• Corporate Entrepreneur

• None of the above

Which of these is not a challenge for the entrepreneur?

• Managing the cash flow of their business

• Recruiting new employees

• Choosing the product or service to sell in the market

• Formulating rules and regulations relating to conducting entrepreneurship in their country

In which of the following types of profit is the secondary objective?

• Private

• Social

• Joint

• Corporate

What is Uber's business model

• Free products for users

• Money from advertising

• Commission from the fare paid to drivers

• All the above

Who is considered the father of entrepreneurship?

• Joseph Schumpeter

• Paul Reynolds

• Bill Gate

• Elon musk

A business arrangement where one party allows another party to use a business name and sell its products or services is known as

• Cooperative

• Franchise

• Owner-Managed business

• A limited company

Traces of which type of entrepreneurship can be traced back to Rigveda

• Social entrepreneurship

• Handicraft entrepreneurship

• Innovation entrepreneurship

• Tourism entrepreneurship

How do entrepreneurs help create solutions to solve the world's social problems?

• Through food and clothing

• They create products, systems and solutions to help change people’s lives

• The give lectures and courses for the local community

• Innovate premium product and services