9 IFM, ENTREPRENEURSHIP SKILLS

.................................. can be defined as the creation of a new business venture

• Business

• Entrepreneurship

• Both

• None of the above

......................................... offer value using skills, consultancy, expertise, efficiency etc

• Manufacturing Business

• Merchandising Business

• Trade Business

• Services businesses

An ................................. is a person who undertakes risk to start a business of his/her own.

• Wage Employee

• Entrepreneur

• Both

• None of the above

Creation of more job by Entrepreneur is

• Economic Development

• Social Development

• Service Development

• None of the above

Ability to take up risks is

• Role of entrepreneur

• Charecteristics of entrepreneur

• Quality of entrepreneur

• none of the above

The employees are

• wage earner

• self employed

• risk taker

• partner

Role of Entrepreneurship involves

• Improved Standard of Living

• Optimal use of resources

• Economic development

• All of the above

A self employed person who is always trying to make his/her business better by taking risks and trying new ideas is called ______

• Skilled man

• Business man

• Entrepreneur

• None of the above

As an entrepreneur, you should be _____

• Creative

• Hard Working

• Decision Maker

• All of the above

Business is a (an) _____________________ activity

• social

• economic

• hazardous

• selling