Which one is not a disadvantage of Entrepreneurship?
Risky
Uncertain income
You are the boss
Working long hours
What is the expansion of WTO?
World Trade Organisation
Wide Trade Organisation
World Travel Organisation
None of these
The ability to learn a particular kind of job
Aptitude
Self Assessment
Employee
Which of the following statements does not clearly distinguish between entrepreneurship and management?
Entrepreneurs found the business, managers operate it
Entrepreneurs earn profits; managers earn salaries
Entrepreneurship is once for all activity; management is a continuous activity
Which one is not an advantage of Entrepreneurship?
Can choose a business of interest
You can be creative
Make a lot of money
You will make decisions alone
Entrepreneurs undertake
Calculated risks
High risks
Low risks
Capital is
Money available to invest
Probability cost of entry
A guarantee that a company will be successful
Both a & b
Which one is not the characteristics of Entrepreneurship?
Systematic Activity
Lawful and Purposeful activity
Risk taking
Scalar chain
Millions of new enterprises are begin each year in spite of a more than 50% _________ rate.
Failure
Initial
Interest
Return
___________ is the process of setting up one's own business as distinct from pursuing any other economic activity, be it employment or practicing some profession.
Partnership
Entrepreneurship
Company
