Induction Program Quiz

What is Entrepreneurship?

• Process of starting and running a business

• Working as a Business Manager

• Working as CEO for a Company

• Investing Money in a Business

Where did word start-up originate from?

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Which famous entrepreneur is often referred to as the "father of modern business philosophy"?

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What is a business plan in the context of entrepreneurship?

• A document to show off the business owner's achievements

• A plan to hire employees and keep them happy

• A detailed roadmap for the success of a business

• A strategy for avoiding competition

What does the term "venture capital" refer to in entrepreneurship?

• Money invested in well-established companies

• A type of tax entrepreneurs need to pay

• A legal document required to start a business

• Funds invested in a business idea with high growth potential

Which of the following is a characteristic of successful entrepreneurs?

• Following a strict 9-to-5 work schedule

• Avoiding risks at all costs

• Sticking to traditional methods

• Being open to new ideas and innovations

Why do most entrepreneurs fail? Select the most appropriate answer

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• Lack of Market Demand
• Insufficient Planning
• Strong Competition
• Lack of Capital

Which city in India is called Silicon Valley of India?

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If you have a start-up idea as student of GITAM (Deemed to be University) whom will you approach?

• Hospitality Department

• Venture Development Centre

• School of Business

• Career Guidance Cell

Does GITAM (Deemed to be University) provides with the initial fund for starting a Start-up

• 5 Lakh Rupees Prototyping Grant

• 1 Lac Rupees Prototyping Grant

• No Funding

• Only connects with Investors