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WorksheetsEntrepreneurship Unit 1
Total questions: 10
Worksheet time: 5mins
Who is known as the father of entrepreneurship?
Richard Cantillon
Jean Batiste Say
Peter Drucker
Max Weber
The first step in the entrepreneurial process is
Opportunity Identification
Development of the business concept
Idea Generation
Implementation of the concept
Which of the following is NOT a driver of contemporary entrepreneurship?
Ease of entry into the informal sector
Stable Demand
ICT
Globalization
Two types of entrepreneurship are
Survival and novice
Dynamic growth and Habitual
Serial and Nascent
Lifestyle and speculative
Sources of opportunities include
Current markets
Social stability
Demographic changes
Existing technology
Which of the following can be considered an exit strategy
Licencing of rights
IPO
Liquidation
Family succession
Which of the following is not a factor to encourage micro level innovation
Encouraging feedback
Policies and guidelines
Monetary rewards
Autocratic leadership
Which method of intellectual property protection ensures that the process of making a product is protected
Copyright
Branding
Patent
Industrial Design Rights
Which of the following ensures that original works of art are protected
Copyright
Trademark
Patent
Industrial Design Rights
Which of the following ensures that now one can copy the way a product looks
Copyright
Trademark
Patent
Industrial Design Rights
