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WorksheetsQuiz _ IIEC IISER Berhampur
Total questions: 10
Worksheet time: 5mins
Which one is NOT a disadvantage of Entrepreneurship?
Risky
Uncertain Income
You are the boss
Work long hours
Innovation is really not much different from invention.
False
True
Brainstorming new ideas with others is:
A tasking activity
A creative activity
An examination
All of the above
Which one is NOT a step in the problem-solving method?
Define the problem
Gather information
Identify solutions
Ignore the problem
All are opportunities except
Wants
Needs
Solutions
Problems & Challenges
To meet the goals, entrepreneur may develop plan such as
Town Plan
Building Plan
Family Plan
Business Plan
The person who creates value by moving resources out of less productive areas into more productive one is called
A Magician
A Business guru
A Banker
An entrepreneur
An entrepreneur has the following personal characteristics except:
Self- confident
Goal-oriented
Creative
Over ambitious
Which of the following statements are most accurate regarding innovation:
Innovation is an absolute not a relative concept
Innovation is much more important to small businesses than to large businesses
Innovation is easy to measure
Innovation is a relative not an absolute concept
The ability to learn a particular kind of job:
Entrepreneurship
Aptitude
Entrepreneur
Employee
