ENTREPRENEURSHIP - REVIEW QUESTIONS

1. Write the meaning of:-

a) entrepreneurship
b)entrepreneur
2. Write two different views for the meaning of
entrepreneurship /entrepreneur.
3. Distinguish between entrepreneurship and
intrapreneurship.
4. Successful entrepreneurs have an inner drive to succeed
and grow their business, rather than having a Business
degree or technical knowledge in a particular field.
Describe important characteristics of entrepreneurs.
5. To some scholars entrepreneurship is about taking risk.
What are normally risked by entrepreneurs?page2
6. Despite the personal entrepreneurial skills, an
entrepreneur requires business management and
technical skills for success in his/her business. After
graduation you open a consultancy business in the field
of your specialization. What kind of technical and
Business management skills are required in this
business? Page7
7. In family situations where security and non-risk bearing
activities are encouraged right from childhood, the
individual likes to be more security-oriented rather than
attempt on his own in areas where adventures and
uncertainty conditions prevail.page9
8. Give a description on different views for what makes a
good entrepreneur.page6
9. (Theoretical explanation entrepreneurial behaviour).
describe the models under the following explanations of
entrepreneurial behaviour:
a) Psychological theories
b)Socio-economic theories
c) Sociological theories.
10. What are the characteristics that dispose people to
orientation towards risk taking?page7
11. Formal education can operate as an impediment to
entrepreneurship, but can also develop competencies
required in an entrepreneurial venture. Give the
distinction between these two views.
12. What are common characteristics of the business
organization which are friendly to intrapreneurs?
13. What are the importances of intrapreneurs to the
business firm?
14. What are the roles of an intrapreneur to the business
firm?
15. Despite its importance in the performance of the
business firm, intrapreneurship normally faces
limitations in the organization developing it. What are
the common limitations the firm is likely to face when
developing intrapreneurship?
16. What are the roles of entrepreneurship to economic
development?
17. Describe the types of entrepreneurs basing on
different classifications.
18. Business ideas and employment opportunities for
graduates.
19. Identifying aspects of your personality is important to
determine which sort of business or activity is more
suitable for you rather than to determine whether you
are likely to be a successful entrepreneur or not.
Explain the important aspects you should be looking for
before venturing into a particular business.
20. Describe the common sources of business ideas.
CONTINUES ….. BUT TILL
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