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1st Mod Entrepreneur

The document discusses an assessment for an entrepreneurship module. It contains 17 multiple choice questions about entrepreneurship topics like the definition of entrepreneurship terms, the functions and types of entrepreneurs, and the role of entrepreneurship. The assessment is testing the students' understanding of basic entrepreneurship concepts discussed in the first module.

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hafsahr493
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0% found this document useful (0 votes)
17 views7 pages

1st Mod Entrepreneur

The document discusses an assessment for an entrepreneurship module. It contains 17 multiple choice questions about entrepreneurship topics like the definition of entrepreneurship terms, the functions and types of entrepreneurs, and the role of entrepreneurship. The assessment is testing the students' understanding of basic entrepreneurship concepts discussed in the first module.

Uploaded by

hafsahr493
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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4/16/23, 7:38 PM 1st Module Assessment

Dashboard / My courses / 2 Sem 4_ENTR301 / Module I Basic Concepts of Entrepreneurship / 1st Module Assessment

Question 1

Answer saved

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Entreprendre means

a. To struggle
b. To undertake
c. To invent
d. To motivate
Clear my choice

Question 2

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An individual who makes change in method of production is ____________.

a. Imitative Entrepreneur
b. Portfolio Entrepreneurs
c. Novice Entrepreneur
d. Drone entrepreneur
Clear my choice

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4/16/23, 7:38 PM 1st Module Assessment

Question 3

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Which among these are the function of an entrepreneur?

a. Risk bearing
b. Innovation
c. Organizing and managing
d. All of the above
Clear my choice

Question 4

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Which of these is not a challenge for the entrepreneur?

a. Managing the cash flow of their business


b. Recruiting new employees
c. Choosing the product or service to sell in the market
d. Formulating rules and regulations relating to conducting entrepreneurship in their country
Clear my choice

Question 5

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An entrepreneur who is the owner of more than one business is called ____________.

a. Portfolio Entrepreneur
b. Intrapreneur
c. Corporate Entrepreneur
d. None of the above
Clear my choice

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4/16/23, 7:38 PM 1st Module Assessment

Question 6

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Who among these starts business with an idea not for making profit but for social welfare

a. Social entrepreneur
b. Imitative Entrepreneur
c. Drone entrepreneur
d. Novice Entrepreneur
Clear my choice

Question 7

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Who should be involved in preparing a firm’s business plan?

a. Accountant
b. Engineer
c. Entrepreneur
d. None of the above
Clear my choice

Question 8

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An entrepreneur who has no prior business ownership experience –

a. Novice Entrepreneur
b. Imitative Entrepreneur
c. Portfolio Entrepreneurs
d. None of the above
Clear my choice

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4/16/23, 7:38 PM 1st Module Assessment

Question 9

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The process of creating something new is called _______.

a. Creative flexibility
b. Management
c. Business
d. Innovation
Clear my choice

Question 10

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An Entrepreneur who is in the process of starting a new business is ____________.

a. Drone entrepreneur
b. Novice Entrepreneur
c. Nascent entrepreneur
d. Social entrepreneur
Clear my choice

Question 11

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Which of the following is a recognized disadvantage of setting up as a start-up as compared with other routes to market
entry?

a. less satisfaction of the owners.


b. less help from various agencies
c. there are more funds required
d. there is a high failure rate
Clear my choice

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4/16/23, 7:38 PM 1st Module Assessment

Question 12

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Which of the following is a remedy to solve the problems of women entrepreneurs?

a. Finance cells
b. Social attitude
c. Stiff Competition
d. Supervision
Clear my choice

Question 13

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Which of the following statements does not explain the difference between entrepreneurship and management.

a. Entrepreneurs find the business, managers run it


b. Entrepreneurs own their business, managing employees
c. Entrepreneurs earn profit, managers get salary
d. Entrepreneur is a one time job, management is an ongoing process.
Clear my choice

Question 14

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EDP ​(Entrepreneurship Development Programs) is required to help_____________

a. Existing entrepreneurs
b. First generation entrepreneurs
c. Future generation entrepreneurs
d. None of the above
Clear my choice

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4/16/23, 7:38 PM 1st Module Assessment

Question 15

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They enter into entrepreneurship because of various governmental supports provided in terms of financial assistance,
incentives, concessions, and other facilities to the people who want to set up their new enterprises ”. Which type of
entrepreneur is being discussed in the above lines?

a. Induced Entrepreneurs
b. Motivated Entrepreneurs
c. Spontaneous Entrepreneurs
d. Imitative Entrepreneurs
Clear my choice

Question 16

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Which of these statements best describes the context for entrepreneurship?

a. Entrepreneurship takes place in small businesses


b. Entrepreneurship takes place in large businesses
c. Entrepreneurship takes place in a wide variety of contexts
d. Entrepreneurship does not take place in social enterprises
Clear my choice

Question 17

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The role of an Entrepreneurship in Economic Development are-

a. Promotes Balanced Regional Development


b. Encourages Capital Formation
c. Rural Development and Reduction in Migration
d. All of the above
Clear my choice

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