EDC Orientation Quiz

What is the primary goal of an entrepreneur?

• Maintain status quo

• Solve a problem

• Avoid risks

• Maximize profits

Which of the following is a common characteristic of entrepreneurs?

• Inflexibility

• Dependency

• Risk aversion

• Innovation

What is full form of IPO ?

• Indian Public Offering

• Independent Pay Order

• Initial Public Offering

• Initial Pay Order

Which of the following is NOT a type of entrepreneur?

• Micro-entrepreneur

• Intrapreneur

• Social entrepreneur

• Macroeconomist

What is the term for a newly established business venture?

• Monopoly

• Franchise

• Startup

• Corporation

What is the key document that outlines the business strategy and operational details?

• Business plan

• Financial statement

• Executive summary

• Market research report

Which stage in entrepreneurship involves scaling up the business?

• Exit stage

• Ideation

• Growth stage

• Seed stage

Venture capitalists typically invest in businesses that are in which phase?

• Idea generation

• Maturity phase

• Decline stage

• Seed stage

What is the term for the amount of money a company raises through investors?

• Profit

• Revenue

• Loss

• Capital

Which of the following is considered a barrier to entrepreneurship?

• Government regulations

• Strong mentorship

• Creativity

• Access to technology