11th Entrepreneurship- Unit 1

1) Which of these is a quality of an entrepreneur?

• He is an extreme risk taker

• He is impatient

• He is satisfied with routine activities

• Persistently tries to do something better

2) In which century was the word ‘entrepreneur first coined?

• 16th century

• 17th century

• 18th century

• 19th century

3) Who among these have not defined entrepreneur?

• Richard Cantillon

• Philip Kotler

• Peter Drucker

• Josheph Schumpter

4) Which of these does not belong to the functions of entrepreneurs ?

• Commercial

• Entrepreneurial

• Enterprise

• Promotion

5) Which of the following function involves highest risk?

• Innovation

• Creativity

• Organizing

• Directing

6) The work of estimation’ comes broadly under which Functions of entrepreneurs?

• Entrepreneurial function

• Commercial functions

• Managerial functions

• Promotional functions

7) Which of these decisions are taken under capital structure decisions?

• Estimation of financial requirements

• Sources of finance

• Long term and short term requirements

• All of these

8) Determination of long term objectives comes under which Managerial function?

• Planning

• Organizing

• Staffing

• Directing

9) Which function involves training and development of the employees?

• Planning

• Organizing

• Staffing

• Directing

10) After making sure that the proposition is practical, the entrepreneur proceeds to assemble the requirements. Which function is referred here?

• Financing the proposition

• Assembling the requirements

• Discovery of the idea

• Accounting