Q. Which of the following is not a personal characteristic often found in an entrepreneur?
✅ Correct Answer: (D)
follower
Entrepreneurship MCQs and Notes
Q. The most suitable type of entrepreneur for a developing economy like India is:
✅ Correct Answer: (B)
Imitative
Q. Innovation is considered as hallmark for an entrepreneur is the view held by;
✅ Correct Answer: (C)
Joseph A Schumpter
Q. Which of the following is not a Managerial function of entrepreneur?
✅ Correct Answer: (A)
Accounting
Q. According to Clarence Danhof, types of entrepreneurs are
✅ Correct Answer: (C)
Four
Q. John Stuart Mill observed the necessity of entrepreneurship in business for economic development in
✅ Correct Answer: (D)
1948
Q. “Entrepreneurs reacted to economic change, thereby becoming the economic agents who transformed demand into supply.” This statement is given by:
✅ Correct Answer: (A)
Adam Smith
Q. According to Druckers, how many conditions have to be fulfilled for systematic innovation
✅ Correct Answer: (A)
Three
Q. A spontaneous entrepreneur is one
✅ Correct Answer: (D)
who has strong conviction and confidence in his in-born ability