Entrepreneurs enter a business because of its profitability.

• TRUE

• FALSE

New business ideas provide business opportunities.

• TRUE

• FALSE

Entrepreneurial process starts with identification of entrepreneurial opportunities.

• TRUE

• FALSE

Not all changes in the external environment provides business opportunities.

• FALSE

• TRUE

Discovery and advancement in the use of technology are additional good source of business opportunities.

• TRUE

• FALSE

Interest and hobbies of the people are possible good source of entrepreneurial ideas.

• TRUE

• FALSE

Industry environment of business is under technological discovery and advancement sources of opportunities.

• TRUE

• FALSE

The variables in the physical environment include the economic forces.

• TRUE

• FALSE

Entrepreneurial heart flame refers to the ability of the entrepreneurto sense without using the five senses.

• TRUE

• FALSE

Entrepreneurial mind frame permits the entrepreneur to see things in a very positive and optimistic light.

• TRUE

• FALSE