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WorksheetsEntrepreneurship Development
Total questions: 20
Worksheet time: 11mins
1. An individual who initiates, creates and manages a new business can be called _____________.
A. A leader
B. A manager
C. An entrepreneur
D. A professional
2. Trademarks relate to _______.
A. Practice and knowledge acquired through experience
B. The protection of proprietary information of commercial value
C. The right to reproduce ones own original work
D. Brand identity
3. Which could provide an individual with the motivation to start a new business venture?
A. The financial rewards.
B. A desire to be independent.
C. Risk-taking
D. All the above.
The entrepreneur was distinguished from capital provider in:
a) Middle ages
b) 17th century
c) 18th century
d) 19th and 20th century
Q3. A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be regarded as:
a) Ecopreneur
b) Technopreneur
c) Intrapreneur
d) Social Entrepreneur
EDP (Entrepreneurship Development Programmes) is required to help:
a) Existing entrepreneurs
b) First generation entrepreneurs
c) Future generation entrepreneurs
d) None of the above
A Micro Enterprise is an enterprise where investment in plant and machinery does not exceed (According to MSMED Act, 2006):
a) Rs. 25 Lakh
b) Rs. 20 Lakh
c) Rs. 15 Lakh
d) Rs. 30 Lakh
Why should an entrepreneur do a feasibility study for starting a new venture:
a) To identify possible sources of funds
b) To see if there are possible barriers to success
c) To estimate the expected sales
d) To explore potential customers
Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process:
a) Idea Stage
b) Product Planning Stage
c) Product Development Stage
d) Test Marketing Stage
What is the process by which individuals pursue opportunities without regard to resources they currently control:
Startup management
Entrepreneurship
Financial analysis
Feasibility planning
An entrepreneur is...
A person who starts a business that satisfies consumer wants and needs
A part owner of a business
The president of a corporation
The highest ranking member of Congress
In a venture capital deal, ________________ownership chunks of a company are created and sold to ____________________ investors
very small / many
large / a few
substantial / all
small / most of the
venture capital is not just about money
it also provides high returns on investment
it ensures bank secrecy
it provides companies and entrepreneurs with technical and managerial advice
it allows the venture capitalist to have a say in the company decisions as investors get equity in the company
Issue of shares is the most important method of raising ______ funds
short term
long term
debt fund
At the time of winding up, equity shareholders are giving preference in releasing their funds.
True
False
How many types of entrepreneurs are there?
2
4
6
8
Which of these is not a unique quality of an entrepreneur?
Self Confidence
Resilience
Risk Taker
Negative Outlook
