Tasksheet #5: Creating Indian Entrepreneurs

>> After reading the section Creating Indian Entrepreneurs answer questions 1-10.

¿Cuál es el número estimado de nuevos negocios que India necesita para alcanzar su objetivo en el sector de TI para 2008?

• 12,000

• 10,000

• 8,000

• 5,000

Answer explanation

To meet its IT sector target by 2008, India needs an estimated 8,000 new businesses. This figure reflects the growth required to support the expanding demands of the IT industry during that period.

What percentage of the 230 million employed in rural India is considered to be in disguised unemployment?

• 30%

• 40%

• 50%

• 60%

Answer explanation

In rural India, it is estimated that 50% of the 230 million employed are in disguised unemployment, meaning they are working in jobs that do not utilize their skills effectively.

¿Qué ciudad se menciona como un terreno fértil para negocios de TI?

• Mumbai

• Delhi

• Chennai

• Bangalore

Answer explanation

Bangalore is widely recognized as the leading hub for IT businesses in India, often referred to as "Silicon Valley of India" due to its thriving tech ecosystem and numerous startups.

What type of capital do Indian entrepreneurs traditionally have limited access to?

• Human Capital

• Social Capital

• Natural Capital

• Smart Capital

Answer explanation

Indian entrepreneurs traditionally have limited access to Smart Capital, which includes mentorship, networks, and strategic advice, crucial for scaling businesses. This contrasts with Human, Social, and Natural Capital, which are more accessible.

¿Cuál es una de las brechas de habilidades que enfrentan las empresas emergentes en India?

• Conocimiento legal

• Habilidades técnicas

• Habilidades empresariales

• Gestión financiera

Answer explanation

Entrepreneurial skills are crucial for Indian start-ups to navigate challenges, innovate, and grow. Many entrepreneurs lack these skills, impacting their ability to effectively manage and scale their businesses.

What role does the media play in supporting entrepreneurship in India?

• Regulating start-ups

• Creating businesses

• Reporting on entrepreneurial spirit

• Providing funding

Answer explanation

The media plays a crucial role in reporting on the entrepreneurial spirit in India, highlighting success stories and innovations, which inspires and motivates potential entrepreneurs to pursue their ventures.

What is the term used for entrepreneurship within large companies?

• Social entrepreneurship

• Corporate entrepreneurship

• Entrepreneurship

• Intrapreneurship

Answer explanation

The term 'intrapreneurship' refers to entrepreneurship within large companies, where employees act like entrepreneurs to innovate and drive new projects while leveraging the company's resources.

Which organization is mentioned as working to create a TIE India Angel Forum?

• Nasscom

• TIE

• McKinsey & Company

• CII

Answer explanation

The TIE India Angel Forum is specifically associated with TIE (The Indus Entrepreneurs), which is the correct answer. Other options like Nasscom, McKinsey & Company, and CII are not directly linked to this initiative.

¿Cuál es una de las cuatro áreas en las que India debe centrarse para desarrollar emprendedores exitosos?

• Aumentar impuestos

• Reducir la financiación de la educación

• Crear el entorno adecuado para el éxito

• Limitar la inversión extranjera

Answer explanation

Creating the right environment for success is crucial for fostering entrepreneurship in India. This includes supportive policies, infrastructure, and access to resources, which are essential for entrepreneurs to thrive.

¿Cuál es el desembolso total estimado de capital de riesgo en India en 2003?

• US$0.1 mil millones

• US$0.5 mil millones

• US$2 mil millones

• US$1 mil millones

Answer explanation

In 2003, the estimated total disbursement of venture capital in India was US$0.5 billion, reflecting the early stages of venture funding in the country as it began to grow.