Entrepreneurship means           .

• Starting a new career
• Managing career
• Running your own business
• Supporting a business person

What are the duties of an entrepreneur?

• Talking to customers
• Managing finances and budgets
• Managing the business
• All of these

Which of the following is the BEST definition of profit?

• The total amount of money a business makes from selling goods or services.
• The money a business owner spends on personal expenses.
• The revenue or earnings which remain with the business owner, after all the costs are paid.
• The total amount of money a business earns before paying taxes.

Pratibha wants to start a Biriyani Hotel. What will she need first?

• Business plan
• Name Board
• Food Items
• Kitchen Equipments

Shaheen wants good chefs to work in her hotel. What is an effective way to hire them?

• By reaching out other hotel staffs
• By advertising the job
• By asking his relatives
• None of these

What is the most important skill needed to be a successful entrepreneur?

• Earning money
• Giving up on failure
• Having an Entrepreneuria l Mindset
• Expanding markets

An Entrepreneur can help the society by                 .

• Seeking new opportunities
• Marketing the product
• Working with a team
• Creating job opportunities

What are some of the qualities of a strong entrepreneur?

• Learning from failures
• Building relationship with customers
• Working hard
• All of these

Pooja started a food court that was very successful with many customers. After a year, the number of customers decreased. What should Pooja do to solve this problem?

• Change the Cooking Style
• Collect the Feedback from the Customers
• Close the Food court
• Change her business

Raju wants to start a Textile shop. What should he do first?

• Rent a Shop
• Purchase New Fabrics
• Prepare a Business Plan
• Hire Staff