Which one is not the characteristics of Entrepreneurship?
Systematic Activity
Lawful and Purposeful activity
Risk taking
Scalar chain
Which one is not a disadvantage of Entrepreneurship?
Risky
Uncertain income
You are the boss
Working long hours
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
What is the expansion of WTO?
World Trade Organisation
Wide Trade Organisation
World Travel Organisation
None of these
_________ are general ideas about all that is deemed desirable / important by an individual or a collectivity.
Attitude
Opinion
Values
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
The primary causes of small business failure is
Lack of capital
Management incompetence
Poor location
What is an entrepreneur?
Someone who invests time and money to start a business
Someone who makes a lot of money
Someone who does not makes a lot of money
Both a & b
_________ refers to tendencies to feel and behave in a particular way toward the object of the attitudes in a consistent manner.
Economic values
Attitudes
Belief
The person who set up his business is called a / an
Partner
Entrepreneur
Promoter
