Entrepreneurial Development-I

Which of these is not a type of entrepreneurship?

• Small business entrepreneurship

• 2. Scalable entrepreneurship

• 2. Large scale entrepreneurship

• 2. Intrapreneurship

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

• Developing a new product

• 2. Taking over a competitor’s business

• 2. Issuing shares to individuals and institutions

• 2. Lowering prices of your product or service

According to Schumpeter, innovative entrepreneurs would:

• Thrive in the market

• 2. Not survive and disappear from the market.

• 2. Get absorbed within larger innovative businesses

• 2. Get absorbed within non-innovative businesses

Which of these is not a challenge for the entrepreneur?

• 1. 1. Managing the cash flow of their business

• 1. 2. Recruiting new employees

• 1. 2. Choosing the product or service to sell in the market

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

Which of these is not a category of external forces that affects a business?

• 1. 1. Competitive forces

• 1. 2. Technological forces.

• 1. 2. Economic forces

• 1. 2. Socio-economic forces

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

• 1. 1. Entrepreneur

• 1. 2. Businessperson

• 1. 2. Buyer

• 1. 2. Venture capitalist

Which of these is the first activity of a new business?

• 1. 1. Departure point

• 1. 2. Goal Orientation

• 1. 2. Business skill development

• 1. 3. None of the above

Who should be involved in preparing a firm’s business plan?

• 1. 1. Accountant

• 1. 2. Engineer

• 1. 2. Entrepreneur

• 1. 2. None of the above

Which of these is also known as corporate venturing?

• 1. 1. Intrapreneurship

• 1. 2. Mergers

• 1. 2. Entrepreneurship

• 1. 2. Acquisition

Entrepreneurship Development Program is helpful for:

• 1. 1. First-generation entrepreneurs

• 1. 2. Future generation entrepreneurs

• 1. 2. Existing Entrepreneurs

• 1. 2. None of the above