Who is known as the father of modern entrepreneurship?

• Joseph Schumpeter

• Peter Drucker

• Steve Jobs

• Richard Branson

Which of the following best describes an intrapreneur?

• A person who starts a new business from scratch

• An employee who innovates within an organization

• A venture capitalist funding startups

• A government official supporting businesses

What is the primary goal of an exit strategy in entrepreneurship?

• To expand the business into new markets

• To acquire competitors

• To ensure a profitable transition for the entrepreneur

• To increase workforce productivity

Which of the following is NOT a type of entrepreneur?

• Social entrepreneur

• Corporate entrepreneur

• Venture capitalist

• Serial entrepreneur

In the entrepreneurial process, what comes after idea generation?

• Business scaling

• Identifying opportunities and evaluation

• Customer acquisition

• Business exit strategy

Why is team building important for startups?

• It helps secure funding easily

• A strong team increases the chances of business success

• It ensures the entrepreneur has complete control

• Investors do not consider team strength while investing

Which of these is an example of corporate entrepreneurship?

• A company allowing employees to pitch and develop new products

• A startup entering the stock market

• A retail business franchising its stores

• A university launching a research project

What is the first step in identifying a viable business opportunity?

• Developing a business plan

• Conducting market research

• Hiring employees

• Securing funding

Which of these is an emerging trend in entrepreneurship?

• Declining digital businesses

• The rise of blockchain-based startups

• Entrepreneurs relying only on government funding

• Lack of technology adoption in new businesses

A key characteristic of a successful entrepreneur is

• Avoiding risks at all costs

• Willingness to take calculated risks

• Following traditional business models only

• Relying solely on personal funding