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WorksheetsConcept of Entrepreneurship
Total questions: 10
Worksheet time: 5mins
The enterprise can be for profit or be a non – profit venture.
TRUE
FALSE
(a) is the act of setting out on your own and starting a business instead of working for someone else in his business
What is very important in starting a business, as many entrepreneurship fail in the first year?
Leadership
Risk Management
Honesty
The word entrepreneur is derived from a French Root “entreprendre” meaning to undertake.
TRUE
FALSE
What characteristic of Entrepreneurship, involves creation and operation as an enterprise with a view to creating value or wealth by ensuring optimum utilization of scarce resources?
Economic and Dynamic Activity
Related to Innovation
Profit Potential
Risk Bearing
What problem of entrepreneurship will result to if employees suffer from anxiety and stress?
Insufficient Capital
Weak Management
Ineffective Marketing
Entrepreneur refers to a person while Entrepreneurship is the (a) .
An entrepreneur who has a thought-provoking idea or concept in his/her mind, that has the capability to lead the marketplace is a/an _____________.
forecaster
innovator
leader
promoter
An entrepreneur who provides guidance and support to his/her men, to work in a specific direction or change the same (if required) so as to achieve the target is a good _______________.
friend
developer
forecaster
leader
This is a process of upward change whereby the real per capita income of a country increases over a period of time
(a)
