Session 1-4

What is the origin of the word 'Entrepreneur'?

• Latin

• French

• German

• Spanish

What major event did entrepreneurs capitalize on during 1900s?

• The Digital Revolution

• The Industrial Revolution

• The Agricultural Revolution

• The Scientific Revolution

How many days does it take to start a business in the USA?

• 3 days

• 5 days

• 6 days

• 2 days

Which country takes the longest time to start a business?

• USA

• UK

• Belgium

• New Zealand

Which company is mentioned as an example of creating breakthroughs for the future?

• Jio

• SpaceX

• Pharma

• Medical Innovators

Which statement is often incorrectly believed about entrepreneurs?

• Entrepreneurs are born, not made.

• Entrepreneurs are trained, not born.

• Entrepreneurs are developed through experience.

• Entrepreneurs are nurtured through education.

What is a disadvantage of being an innovator?

• Less competition in starting

• Long time to reap benefits

• Own guidelines

• Immediate success

What is a characteristic of innovators in terms of competition?

• High competition in starting

• Less competition in starting

• No competition

• Constant competition

What is required for innovators in terms of financial resources?

• Minimal money requirement

• Intensive money requirement

• No financial resources

• Average financial resources

Which of the following is an advantage of being a hustler?

• Outwork most people

• Guaranteed success

• Minimal effort

• Instant results