Q. ___________shows the process of creating something new.
✅ Correct Answer: (A)
Innovation
Entrepreneurship MCQs and Notes
Q. In relation to Indian Industries, entrepreneurship is
✅ Correct Answer: (A)
Necessary
Q. The term concept of entrepreneurship originated in
✅ Correct Answer: (C)
16th century
Q. _________defines an entrepreneur as one, who always searches for change, responds to it and exploits it as an opportunity
✅ Correct Answer: (B)
Peter F Drucker
Q. Many entrepreneurs fail due to
✅ Correct Answer: (D)
All of the above
Q. “Entrepreneurship is an innovative function. It is leadership rather than ownership,” was given by:
✅ Correct Answer: (C)
Peter F Drucker
Q. An entrepreneurs plays an important role in:
✅ Correct Answer: (A)
Economic development
Q. Balanced regional development includes:
✅ Correct Answer: (A)
Economin and non-economic considerations
Q. Role of entrepreneus includes:
✅ Correct Answer: (D)
All of the above
Q. An individual who starts, creates and manages a new business can be called:
✅ Correct Answer: (C)
Entrepreneur