WorksheetsEntrepreneurship and Business Concepts Worksheet
Total questions: 10
Worksheet time: 5mins
Who is known as the "Father of Entrepreneurship"?
Henry Fayol
Joseph Schumpeter
Peter Drucker
F.W. Taylor
Communication competency in entrepreneurship helps in:
Building strong networks
Avoiding conflicts
Ignoring stakeholders
Reducing innovation
A social entrepreneur mainly focuses on:
Social welfare and impact
Only earning profits
Avoiding social change
Following competitors
Which analysis helps entrepreneurs select the right product/service?
SWOT analysis
Random selection
Emotional decision
Guesswork
A unique characteristic of services is:
Perishability
Homogeneity
Mass production only
Transfer of ownership
A business plan is best defined as:
A financial record
A blueprint for business activities
A list of products
A government license
Final project report is prepared for:
Daily hotel operations
Starting and evaluating a new venture
Guest feedback
Staff attendance
Which is a strategy to overcome industrial sickness?
Ignoring losses
Financial restructuring and better management
Reducing staff salaries only
Decorating rooms more
SIDBI was established in the year:
1982
1985
1990
1995
The “Single Window System” is introduced to:
Provide export subsidies
Provide all clearances and approvals at one point
Support only rural industries
Monitor foreign trade
