IPRE --1

An individual who starts , creates and manages a new business can be called

• A leader

• A manager

• A professional

• An Entrepreneur

Which could provide an individual with the motivation to start a new business venture?

• The Financial rewards

• A desire to be independent

• Risk taking

• All of the above

A business arrangement where one party allows another party to use a business name and sell its products or services is known as ____________

• A cooperative

• A franchise

• An owner manager business

• A limited company

The term ‘Entrepreneur’ was derived from French word ____________

• Enterpurpose

• Enterprise

• Enterprocedure

• Enterprendre

Who among these are the types of entrepreneurs ?

• The inventor

• The small business owner

• The online entrepreneur

• The home business owner

• The manager

List out any 4 skills needed to become successful entrepreneur

Mark the correct Entrepreneurship Myth

• The only requirement is a good idea

• Leads to increased Productivity

• Only money motivates employees

• Business either flourish or fail

• Creation of national wealth

Which of the following is the type of Entrepreneurial Development Model?

• The waterfall model

• The Spiral model

• Innovation Entrepreneurship model

• Iterative model

Which is not the problem faced by Entrepreneurs?

• Access to capital

• Regulatory barriers

• Risk management

• Market research

• Formulating Rules & Regulations

Which of these are the types of Entrepreneurial styles?

• Laissez-Faire

• Autocratic

• Transactional

• Democratic

• Pace setting