Q3Entrepreneurship

Entrepreneurship is a complex phenomenon which is influenced by the interplay of a wide variety of factors that include personality, internal and environmental factors.

• TRUE

• FALSE

Entrepreneurship involves creation and use of innovative ideas, maximization of output from given resources, and development of managerial skills.

• TRUE

• FALSE

An entrepreneur is a high risk-taker.

• TRUE

• FALSE

To be an entrepreneur, one needs money only.

• TRUE

• FALSE

Entrepreneurship, like leaders, are born, not made.

• TRUE

• FALSE

This important function performed by entrepreneur involves his eagerness to do new things or doing existing things differently.

This type of entrepreneur is a die-hard conservative and ready to suffer the loss of business.

This kind of career opportunity for entrepreneurship graduates allows them to take a lead in covering a local business beat.

To be an entrepreneur, a great idea is the only ingredient.

• The statement is true

• The statement is slightly true

• The statement is false

• The statement is slightly false

An entrepreneur is a risk shirker.

• The statement is true

• The statement is slightly true

• The statement is false

• The statement is slightly false