Entrepreneurship Unit 1

WHAT DISTINGUISHES BUSINESS FROM ENTREPRENEURSHIP?

• MARKET

• INNOVATION

• CUSTOMERS

• PRICING

ENTREPRENEURSHP IS BORN OUT OF _____

• PROBLEM

• PRODUCT

• MARKET

• RESEARCH

WHAT ARE THE FOUR FACTORS OF PRODUCTION?

• ENTREPRENEUR

• LAND

• LABOUR

• CAPITAL

• CUSTOMER

AN EMPLOYEE WITH ENTREPRENEURAL MINDSET IS CALLED AS _____

ACCOUNTING IS A _____ FUNCTION OF AN ENTREPRENEUR

• ENTREPRENEURIAL FUNCTION

• PROMOTIONAL FUNCTION

• COMMERCIAL FUNCTION

• MANAGERIAL FUNCTION

WHICH OF THE FOLLOWING IS NOT A PROMOTIONAL FUNCTION?

• ASSEMBLING RESOURCES

• INVESTIGATION OF IDEA

• FINANCING

• MARKETING

THE CLASSIFICATION OF ENTREPRENEURS ON THE BASE OF SIZE IS BASED ON ____

• MARKET SIZE

• INVESTMENT IN CAPITAL

• INVESTMENT IN PLANT AND MACHINERY

• CUSTOMER BASE

A LARGE ENTREPRENEURSHIP HAS MORE THAN ____ CRORE INVESTMENT IN P&M

• 1

• 5

• 10

• 50

THE PROMOTION FUNCTION IS PROMOTING WHAT?

• ENTREPRENEUR

• IDEA

• ADVERTISEMENT

• MARKETING

THIS IS AN EXAMPLE OF _____ ENTREPRENEUR

• SERVICE

• MANUFACTURING

• AGRICULTURAL

• RURAL