ENTREPRENEURSHIP- MODULE 1

1.The entrepreneurs who create new ideas are called ______________.

• INNOVATIVE

• IMITATING

• FABIAN

• DRONE

2. These are entrepreneurs who are to follow the path shown by innovative entrepreneurs.

• INNOVATIVE

• IMITATING

• SOCIAL ENTREPRENEURS

• FABIAN

3. The entrepreneur who lives on the labor of others is called __________.

• DRONE

• FABIAN

• IMITATING

• INNOVATIVE

4. Which of the following does not belong to the group?

• SKILLS MANAGEMENT

• RISK TAKING

• CONDUCT RESEARCH

• MAKE NO CHANGES WITH HIS PRODUCT

5. It is a personality factor which means “doing things even before being told.”

• PROACTIVE

• PERSEVERANCE

• PERSUASION

• INITIATIVE

6. Entrepreneur means:

• RISK TAKER

• TO UNDERTAKE

• TO RESEARCH

• TO IMPROVE THE STANDARD OF LIVING

7. It is a personality factor which means convincing customers to buy the product.

• PROACTIVE

• PERSUASION

• SELF-CONFIDENCE

• RISK-TAKER

8. All except one does NOT belong to the group. Which one is it?

• UNFAIR TRADE PRACTICES

• STRIKES

• POLITICAL PROTEST

• PRODUCT

9. Which of the choices is NOT part of the environmental factors?

• POLITICAL

• WEATHER CONDITION

• CLIMATE

• FAMILY BACKGROUND OF THE MANAGER

10. The entrepreneur who is skeptical about the changes in the company is called ________.

• FABIAN

• SOCIAL ENTREPRENEUR

• DRONE

• IMITATING