Entrepreneurship is the process of seeking business opportunities under condition of risk.

The time for an entrepreneur is limited.

Which of the following characteristics are synonym with an entrepreneur?

An entrepreneur is more concerned with success and personal satisfaction rather than profit.

A small businessman normally makes his own decisions. He uses his creativity to produce and create innovative products and services that can penetrate a market that has not been tested before.

A/An ........ is an entrepreneur within a large organization with high entrepreneurial characteristics who strongly believes in his talent and ability and has a strong desire to create something using his own initiative and creativity

Someone who recognizes a social problem, and uses entrepreneurial principles to organize, create, and manage a venture to make social change. This statement is best for .....

"What can we do for our customers today?"

This phrase is suitable for the characteristics of a successful entrepreneur which is ......

"If I fail, I will try again".

This statement is best to show that an entrepreneur .....

Setting up a business does not provide any guarantee that an entrepreneur will be able to earn sufficient money to survive.

Setting up a business would not require a lot of time, less money, and less effort.

Many entrepreneurs face difficulty in obtaining loans from financials institution, as these institutions have less confidence in new ventures compared to an established business.

An entrepreneur who has internal locus of control perceives .....

Many entrepreneurs do not face any difficulty in obtaining loans from financial institutions, as these institutions have higher confidence in new ventures compared to an established business.

The success and failure of an entrepreneur depends on his effort.

i. increases family income

ii. raises a living standard

iii. improves a social status

The above statements reflect on ..........

Profits achieved by the company symbolize the success of a company as it allows the company to expand its operations and technology.

Which of the following shows that an entrepreneur is important and supports national development?

I. Backbone of heavy industries

II. increases family income

III. Control direction in life

IV. create a larger scale of job opportunities

Setting up the business required a great deal of .....