Entrepreneurship

Which of these is not a type of entrepreneurship

• Small business entrepreneurship

• Scalable entrepreneurship

• Large scale entrepreneurship

• Intrapreneurship

Which of these actions of an entrepreneur will most likely result in creative destruction?

• Developing a new product

• Taking over a competitor’s business

• Issuing shares to individuals and institutions

• Lowering prices of your product or service

According to Schumpeter, innovative entrepreneurs would

• Thrive in the market

• Not survive and disappear from the market.

• Get absorbed within larger innovative businesses

• Get absorbed within non-innovative businesses

Which of these is not a category of external forces that affects a business?

• Competitive forces

• Technological forces.

• Economic forces

• Socio-economic forces

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

• Accountant

• Engineer

• Entrepreneur

• Manager

The process of creating something new is called

• Creative flexibility

• Management

• Business

• Innovation

Entrepreneurship Development Program is helpful for

• First-generation entrepreneurs

• Future generation entrepreneurs

• Existing Entrepreneurs

• None of the above

Small scale entrepreneurs have an annual turnover in the range of

• Up to Rs. 5crore

• Rs 5Crore- 75 Crore

• Rs. 75 Crore-250 Crore

• More than 250crores

Microsoft by Bill Gates is an example of which type of entrepreneurship?

• Innovative 

• Agricultural

• Social

• Joint

To categorize entrepreneurship on a large scale, the annual turnover should be

• Below Rs 75 Crore

• Above Rs 250 Crore

• Between 75 to 250 Crore

• None of the above