Entrepreneurial Development

Unit-IV
S.No. Questions opt1 opt2 opt3 opt4 Answer
1. Developme Developme
Which one of the following actions by an entrepreneur is nt of a new Take-over of Issuing Reducing nt of a new
most likely to contribute to creative destruction? product a competitor shares prices product
2. Ability of Ability of
the the
Ability of entreprene entrepreneur
the ur to act on to act on
entrepreneur new ideas new ideas or
Ability to to carry out or product product
carry out Ability to multiple developme developmen
An advantage of the small firm in the innovation process? R&D raise finance tasks nt t
3. Introduce Introduce
Introduce improvemen Attend improvemen
Raise new working ts to business ts to
External links may provide incentives to: finance practices products exhibitions products
4. No more or More No more or
Firms located on science parks compared to those located More Less less growth less
off science parks are: innovative innovative innovative orientated innovative
5. Knowledge Aerospace Knowledge
-based Biotechnolog Automobile manufactur -based
Innovative small firms are more likely in: sectors y manufacture e sectors
6. Be
Be absorbed Be
absorbed within absorbed
within large non- within large
Schumpeter considered that innovative entrepreneurs innovative innovative innovative
would: Thrive Disappear firms firms firms
7. Innovative entrepreneurs face special issues in raising: Developme Structured Human Seed Seed

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 nt capital capital capital capital capital
8. The need to Greater Greater Greater The need to
Innovative entrepreneurs may have to pay high insurance protect employee customer trading protect
premiums due to the: patents liability liability risks patents
9. Chambers Business
Networking by innovative entrepreneurs may be most Science Business of association Business
encouraged by? parks incubators Commerce s incubators
10. Limited Inability
security The of potential The
since R&D exhaustion external exhaustion
is an The costs of of personal funders to of personal
The most likely problem encountered by innovative intangible the patenting equity in understand equity in
entrepreneurs in raising finance is: asset system R&D technology R&D
11. Existing
Volume of opportunitie Volume of
Which of the following factors affecting identification of internal Created s in the None of internal
business opportunities ? demand opportunity environment the above demand
12. The word entrepreneur has been taken from the ______
language French Italy English Japanese French
13. create create
prove they recover from something make something
The primary reason entrepreneurs start companies is to: could do  a layoff   new   money  new  
14. The entrepreneur have a strong desire to achieve _____ in
business high goals motive strength none high goals
15. all the
An innovative entrepreneur is one who introduces new goods existing adopt above new goods
16.
new all the all the
Imitative entrepreneur do not _____ changes themselves innovation combinations new method above above
17. Which statement is not true of entrepreneurs? They apply They change They take They are They are
innovative the way risks agents of agents of
ideas businesses adjustment adjustment.

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 convert inputs
into outputs. .
18. Running a business , whether large or small , required managerial managerial
_____ skill leader energy emotion skill
19. An _________operates within organization. Owner Inventor Intrapreneur Advisor Intrapreneur
20. Entrepreneurs always bears__________ actions Purchase Risk Sales Risk
21. A _________entrepreneur will be very cautious. Fabian skilled innovate Drone Fabian
22. A__________does not bear any risk. Creator Servant Inventor Manager Manager
23. An entrepreneur will be an___________ organizer manager seller purchaser organizer
24. Entrepreneurs will be_________ strong optimistic thinking weak optimistic
25. _________are not raised by Intrapreneurs. persons manager funds talent funds

26. __________Entrepreneurs are those women who start a concern single Drone women women
business.
27. A Women Entrepreneur mush have the quality of advisable pity soft innovation Innovation
_________
28. __________ is the life blood of enterprise. Finance cash loan credit Finance
29. Most of the Women are__________in India. literate strong illiterate weak illiterate
30. More literates are in_________ Asia Kerala Tamil nadu Andra kerala
31. Entrepreneurship creates__________employement. large scale medium small scale medium large scale
and small
32. A new enterprise always involves___________ people risk cash credit risk
33. __________give birth to a new enterprise. Entrepreneu people business sales Entrepreneu
rship rship
34. Entrepreneurs need____________ knowledge lateral training curtesy training
35. Entrepreneurship development programme consists three one two four three
of________phases.
36. A__________Phase is the first phase in EDP s single Pre-Training double Triple Pre-Training
Programme.

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37. The objective of EDP Prgramme is to_________aa data close start done start
enterprise.
38. Motivation comes in_________phase. inform post training planning Training Training
39. _______of Entrepreneurs comes in Pre-Training phase. Selection training opening none Selection
40. EDP is needed to__________people. transact motivate collect sell motivate
41. A_______________entrepreneur who starts his venture in single rural company urban rural
rural areas.
42. _____________population is in rural sector. 70% 78% 80% 75% 70%

43. _________belongs to textile industry. agro yarn khadi steel khadi

44. An example of Agro based industry is__________industry fine sugar cane salt sugar
45. Rural entrepreneurs generate____________employement. small scale large scale medium tiny level large scale

Rural entrepreneurs improve__________growth. success single economic Social economic

46.
47. A____________small industries play a major role in rural village urban slum city village
employement.
48. ________ entrepreneurs improve economic growth. failure rural economic city rural

49. Training of Entrepreneurs comes in_________. Selection post-training opening Pre- Pre-training
training phase.
phase.
50. _________ is needed to motivate people. transact EDP DEP PDE EDP