Characteristics of an Entrepreneur

Q.

What Are Five Disadvantages of Entrepreneurship?

Q.

What is Entrepreneurship Development Programme (EDP)?

Q.

What Is the Difference Between Entrepreneurship and Entrepreneur?

Q.

What Are the Benefits of Entrepreneurship?

Q.

What Are the Three Components of Entrepreneurship?

Q.

What Are the Two Types of Entrepreneurs?

Q. Which of the following are the characteristics of an entrepreneur?

1. Creativity
2. Leadership
3. Problem solving
4. Dynamism
5. Goal orientated
6. Risk taking
7. Fashion sense
8. Hardworking

Q. Choose the correct option.

Assertion (A): An entrepreneur takes risks.
Reason (R): An entrepreneur is self-confident.

1. Both A and R are true, R is the correct explanation of A.
2. A is true, but R is false.
3. Both A and R are false.
4. Both A and R are true, but R is not the correct explanation of A.

Q.

What Are the Risks of Entrepreneurship?

Q. Identify the managerial qualities an entrepreneur possess the most.

1. Goal-orientedness
2. Commitment
3. Self-centredness
4. Dynamism

Q. Identify the statement that best describes 'entrepreneurship'.

1. Entrepreneurship is the way one manages.
2. Entrepreneurship is the way one thinks or acts.
3. Entrepreneurship is the way of life.
4. Entrepreneurship is a business.

Q. A business venture is also referred to as a/an __________.

1. enterprise
2. entrepreneurship
3. capital market
4. essential business

Q. Which of the following is the most significant feature of an entrepreneur?

1. Rigidity and monotony
2. Creativity and innovation
3. Toughness and robustness
4. Wealth and sound health

Q.

Why are existing businesses not considered as entrepreneurial ventures?

1. Only new and innovative ideas are deemed entrepreneurial.
2. Only public sector ventures are deemed entrepreneurial.
3. Only ventures that do not use factors of production are deemed entrepreneurial.
4. Only ventures that involve advanced technology are deemed entrepreneurial

Q. Anil is starting a food truck. There are equal chances of success and failure. As an entrepreneur, what characteristic should he exhibit?

1. Risk taking
2. Creativity
3. Innovation
4. Goal-orientedness

Q. Who among the following has the ultimate power to make a venture happen?

1. Managers
2. Entrepreneurs
3. Workers
4. Chief minister

Q. Which of the following characteristics help entrepreneurs come up with new ideas?

1. Goal orientedness
2. Self-confidence
3. Creativity
4. Innovation