Entrepreneurship quiz

1.In business, ______________ is pre traction period. That means, it is the time taken to get the business to reach a stage where it can start showcasing results.

• incubation period
• maturity period
• acceleration period
• gestation period

2._______________ refers to capital funds and credit funds invested in the business.

• Finance
• Human Resources
• Marketing
• Operations

3.A market structure characterized by a single seller, selling a unique product in the market is known as

________?

• Perfect competition
• Monopsony
• Monopoly
• Dominance

4._____________ are a combination of skills, knowledge, behaviors, attitudes and attributes that collectively enable a person to perform at their best in any given role.

• Competencies
• Talents
• Incompetencies
• Abilities

5.__________ is known as continuing in an opinion or course of action despite difficulty or opposition.

• fabian

• persistence

• drone

• stubborn

6.________________are behavioral traits which will help an entrepreneur grow and succeed in business.

• Entrepreneurial competency

• Entrepreneurial skills
• Entrepreneurial attitudes

• innovation

7.The term _____________refers to a system that allows an employee to act like an entrepreneur within a company or other organization.

• commerce

• intrapreneurship
• entrepreneurship
• trading

8.___________is a way of generating idea in which a group of persons sit together and generate a number of business ideas by innovating alternative ways of meeting the needs and solving problems.

• environmental scanning

• market research

• Focus groups

• Brainstorming

9.Which of the following is excluded from the characteristics of a social entrepreneur?

• social catalysts

• profit seeking

• innovative

• resourceful

10.Type in the full form of SEWA.