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EDSBM MCQ SET1

Authored by Vijayalakshmi Sailapathi

Professional Development

University

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EDSBM MCQ SET1
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28 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a primary objective of entrepreneurship?

Profit maximization

Innovation

Job creation

Maintaining stability in the market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key aspect of the entrepreneurial process?

Following traditional business methods

Managing existing business operations

Identifying and exploiting new business opportunities

Limiting competition in the market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which trait is commonly associated with successful entrepreneurs?

Risk aversion

High level of bureaucracy

Creativity

Indifference to market trends

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which function does an entrepreneur perform when they seek capital investment for their business?

Planning

Organizing

Financing

Controlling

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of entrepreneur is characterized by their cautious approach and reluctance to adopt new ideas?

Innovative Entrepreneur

Imitative Entrepreneur

Fabian Entrepreneur

Drone Entrepreneur

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who among the following is an example of a 'social entrepreneur'?

A tech startup founder

A philanthropist running a non-profit organization

A retail business owner

A corporate executive

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following skills is essential for an entrepreneur to succeed in a competitive market?

Technical proficiency in a specific field

Ability to communicate effectively

Following rigid procedures

Avoiding risk at all costs

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