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Entrepreneur

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Social entrepreneurship

a)

involves creating new charitable and civic organizations which are financially self-sufficient.

b)

involves bringing new products or services to market.

c)

involves a person or group who owns their own for-profit business.

.

d)

involves revitalizing government agencies

2.

Which of the following best describes a corporate form of entrepreneurship?

a)

It is a form of entrepreneurship involving the creation of self-sustaining charitable and civic organizations.

b)

It is a form of entrepreneurship that involves revitalizing government agencies.

c)

It is a form of entrepreneurship in which a person or group owns their own for-profit business.

d)

It is a form of entrepreneurship which takes place in existing businesses around new products, services or markets.

3.

The entrepreneurial focus which looks at a new thing or a new way of doing things is

a)

customer-focus.

b)

innovation.

c)

creation.

d)

efficiency.

4.

The entrepreneurial focus which refers to doing the most work with the fewest resources

(a)  

5.

The form of entrepreneurship in which a person or group own their own for-profit business is

a)

independent entrepreneurship.

b)

social entrepreneurship.

c)

public entrepreneurship.

d)

corporate entrepreneurship.

6.

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

a)

. A leader

b)

A manager

c)

A professional

d)

An entrepreneur

7.

Which of these statements best describes the context for entrepreneurship?

a)

Entrepreneurship takes place in small businesses.

b)

Entrepreneurship takes place in large businesses.

c)

Entrepreneurship takes place in a wide variety of contexts. D.

d)

Entrepreneurship does not take place in social enterprises.

8.

Entrepreneurs are motivated by

a)

money.

b)

personal values.

c)

pull influences.

d)

All the above.

9.

Entrepreneurial Guidance Bureau(EGB) was set up by

a)

SISI.

b)

SIPCOT.

c)

IIC.

d)

SIDCO.

10.

................... is primarily concerned with the identification, qualification and evaluation of the project resources

a)

Techno-economic analysis.

b)

Feasibility analysis.

c)

. Input analysis.

d)

Financial analysis

11.

Business means _

a)

. Commerce.

b)

industry and commerce.

c)

trade and commerce.

d)

selling and buying of goods.

12.

The term “entrepreneurs” was applied to business initially by the French economist in the 18th century:

a)

Cantillon

b)

Jan Tinbergen

c)

J.S.Mill

d)

None of above

13.

Name the institution which was set up in 1982 to promote integrated rural development

a)

NSIC

b)

NABARD

c)

SIDBI

d)

NCEUS

14.

Venture capital firms reduce risk by investing in only a few companies which can be carefully monitored and nurtured.

a)

True

b)

False

15.

Investment in equipments service sector in small scale industry should be

a)

Up to 10 Lacs

b)

10Lacs – 2 Crores

c)

2 Crores – 5 Crores

d)

None of the above