ENTREPRENEURSHIP DEVELOPMENT

An individual who starts, creates and manages a new business can be called as _________________

• A leader

• A manager

• A Professional

• An entrepreneur.

_____________ is the process through which individual perceives opportunities without regard to resources they possess.

• Start-up Management

• Entrepreneurship

• Financial Analysis

• Feasibility Planning

The term ‘Entrepreneur’ was derived from French word ____________

• Enterpurpose

• Enterprise

• Enterprocedure

• Enterprendre

The term Entrepreneur was first defined by Irish-French economist _____________

• Richard William

• Richard Cantillon

• . James Bernard

• W.B. Gartner

The process of Entrepreneurship is divided into two parts & they are _________________

• Idea Generation and Feasibility study

• Innovation generation and Distribution Channel

• Creativity and Development

• Profit and Economic Development

What are 6 Cs that motivate entrepreneur to establish their own business are ________________

• Change, challenge, creativity, control, curiosity and cash

• Customer, challenge, creation, control, curiosity and cash

• Contact, connect, conversation, consideration, consumption and community.

• Commitment, culture, continuous, cooperation, customer and control

Which industrial sector promotes small-scale business & entrepreneurship and has low barriers to market entry?

• Service

• Manufacturing

• Distribution

• Agriculture

Which of these statements best describes the context for entrepreneurship?

• . Entrepreneurship takes place in small business

• . Entrepreneurship takes place in large business

• Entrepreneurship takes place in a wide variety of context (small, medium & large)

• Entrepreneurship takes place in social enterprises

Which of the following is not considered as one of the following blocks of the model entrepreneur?

• Technical skills

• Managerial competencies

• Business competencies

• Personal attributes

“Think big, Think fast, Think Ahead. Ideas are no one’s monopoly” is given by _________________

• Azim Premjee

• Mukesh Ambani

• Vijay Mallya

• Dhirajlal Hirachand Ambani