Entrepreneurship Development -quiz

Which one of the following is the first step in the entrepreneurial process ?

• Developing successful business ideas

• Deciding to become an entrepreneur

• Growing the entrepreneurial firm

• Moving from an idea to an entrepreneurial firm

Which type of entrepreneurs utilizes a chance to introduce a new technique or new product?

• Innovative entrepreneur

• Instigated entrepreneur

• Initiative entrepreneur

• Fabian entrepreneur

What might be the reason for failure of most of the startups ?

• Low Budget

• Location

• Incorrect Market Analysis

• Management

Which of the following factors has allowed small companies to act like they are big ones?

• Competition

• Economic growth

• Technology

• Customers

Related to Entrepreneur, IPR stands for?

• Innovative Policy Resolutions

• Industrial Protection Resolutions

• Intellectual property rights

• Income Plan Rewards