Entrepreneur Basics

Importance of Entrepreneurship includes _________________

• Economic & Dynamic activity

• Innovation

• Risk- bearing

• All of the above

Which among the following is NOT a quality of an entrepreneur

• Adventurism

• Risk-taking

• Innovation

• Manager

Which of the following is a form of Innovation

• Making no changes to the existing product

• Not finding any new markets for the product

• Introducing new method of production

• Making alterations in the household

Traits of an entrepreneur does not include

• Knowledge

• Persistence

• Zero Confidence

• Supervision

Identify the skills of an entrepreneur

• Conceptual, Technical, Communication

• Conceptual, Disruption, Monopoly

• Conflicts, Unification, Organisation

• Time management, Human Relations, Inhibition

Select the Social factors affecting entrepreneurial growth

• Social security, mobility, legitimacy

• Social marginality, security, need achievement

• Legitimacy, rationality, Skilled labour

• High risk, social mobility, social marginality

Main entrepreneurial functions are:

• Innovation, Creativity, Risk-bearing

• Innovation, Risk-bearing, Organising

• Innovation, Organising, Confidence

• Motivation, Organising, Risk-bearing

Process of giving birth to a new enterprise

• Entrepreneurship

• Franchising

• Merger

• Incorporation

Which two rival brands' founders were actually brothers?

• BMW and Audi

• Coca-Cola and Pepsi

• McDonalds' and Burger King

• Adidas and Puma

2. HE IS R.S. SODHI. HE IS CEO OF WHICH COMPANY

• VERKA

• AMUL

• MOTHER DAIRY

• PATANJALI