WorksheetsEntrepreneurship Development Programme
Total questions: 15
Worksheet time: 15mins
Cooking in a restaurant is a _______________ business idea but owning a clothing business is a _____________ business idea.
Wage employment, Industrial employment
Self employment, Industrial employment
Wage employment, Self employment
None of these
State the following facts are true or false:
1. Entrepreneurs can create jobs in the market.
2. When many entrepreneurs sell mobile phones in a market, the prices of phones increase.
1. True
2. False
1. False
2. True
1. False
2. False
1. True
2. True
Surabhi opens 5 painting stores across India. Which stage of business development is this?
Entering stage
Surviving stage
Growing stage
None of these
Why is multi-tasking a key entrepreneurial skill?
Small businesses may start out as one-person operations.
Small businesses usually involve delegating tasks to employees.
Small businesses usually involve tasks that must be completed immediately.
Small businesses usually involve hiring a large staff to get them off the ground.
Which one of the entrepreneurial skills would fall under marketing and sales?
Creating events
Opening the doors early
Paying bills on time
Ordering the right inventory
What is initiative?
The drive to do whatever is necessary to make a business successful
The drive to oversee a variety of business-related details
The drive to delegate as many responsibilities as necessary and possible
The drive to solve many problems in a timely manner
What is the full form of DPR?
Delayed Project Report
Detailed Performance Report
Domestic Progress Ratio
Detailed Project Report
Select the correct arrangement:
BMC > VPC > DPR > FP
VPC > BMC > DPR > FP
VPC > BMC > FP > DPR
None of these
What is the key objective of Value Proposition Canvas?
To map the customer needs
To map the customer feedbacks
To map the customer values
To map the customer relation
What is the full form of NABARD?
National Bill for Agriculture and Rural Development
National Bank for Agriculture and Rural Development
National Bill for Agriculture and River Development
National Bank for Agriculture and River Development
Which of the following is not a principle of business idea creation?
Customer need
Entrepreneur’s own interest or talent
Innovative
None of these
Which of the following is not a key aspect of customer need?
Quality and quantity
Price
Location
Variation
Who among these are not your key business partners?
Government
Public or Prtivate Bank
Customer
Raw material supplier
Which of the following is an entrepreneur's important characteristics?
Creativity and innovation
Communication skills
Critical thinking ability
All of these
Which of the following is not a part of Financial Planning?
Cash Flow Statement
Profit and Loss Account
Debit Credit list
Balance Sheet
