Who is an entrepreneur?
A
A person working in a factory B
A person managing family expenses C
A person who starts a new business D
A government employee
Analysis & Theory
An entrepreneur is someone who takes the initiative to start and run a business.
Which of the following is a characteristic of a successful entrepreneur?
A
Avoids risk B
Resists change C
Innovates and takes calculated risks D
Prefers job security
Analysis & Theory
Entrepreneurs innovate and are willing to take calculated risks.
Which entrepreneur type prefers traditional practices and resists change?
A
Innovative B
Drone C
Fabian D
Imitative
Analysis & Theory
Drone entrepreneurs avoid change and continue old methods.
Which government initiative supports startups in India?
A
Digital India B
Startup India C
Make in India D
Skill India
Analysis & Theory
`Startup India` is a flagship initiative to promote entrepreneurship.
What is the first stage of entrepreneurial development?
A
Business plan B
Idea generation C
Fundraising D
Company registration
Analysis & Theory
The process begins with generating a viable business idea.