QUESTION 1 Entrepreneur is a person who is able create and build without falling because of calculated risk True/ False

QUESTION 2 An organization is an entity with a deliberate structure which comprises of people with an intention of achieving specific objectives True /False

QUESTION 3 "An entrepreneur is an economic man who maximizes his profit by innovations such as new product new market new source of supply, new organization or new market True /False

QUESTION 4 An entrepreneur is a person who deals with uncertainty by aversing the risk True /False

QUESTION 5 "An entrepreneur is a person who organizes the factors of production such as information and labour capital and entrepreneurship True/ False

QUESTION 6 Innovative entrepreneur bears less risk than the immitative entrepreneur True/ False

QUESTION 7 Immitative entrepreneur bears more risk than the innovative entrepreneur True /False

QUESTION 8 Adaptive entreprener is an entrepreneur who immitate the innovative entrepreneur True/ False

QUESTION 9 Fabian entrepreneur is an entrepreneur who changes as required by the environment True/ False

QUESTION 10 Drone entreprener refuses to change the method of production in his traditional business True /False

QUESTION 11 Intrapreneuer is an employee of an organization but act like an entrepreneur of that organization True/ False

QUESTION 12 Technopreneur is a person who is in the business of technology True /False

QUESTION 13 Craves for learning is a trait of a student but not an entrepreneur True /False

QUESTION 14 Sustainable entrepreneur runs the bsiness while protecting the ecosystem True /False

QUESTION 15 Introverted strategy of an entrepreneur deals with the external relationship of the business True /False

QUESTION 16 Extroverted strategy of an entrepreneur deals with the compliance of legal requirements and standards required to protect the environment True /false

QUESTION 17 Conservative strategy of an entrepreneur deals with the eco-efficiency of the business True/false

QUESTION 16 Extroverted strategy of an entrepreneur deals with the compliance of legal requirements and standards required to protect the environment True /False

QUESTION 18 Visionery strategies of an entrepreneur deals with the sustainable practices with all aspects of the business True /False

QUESTION 19 Waste can be defined as a useless or profit less activity True/ False

QUESTION 20 SMMEs means Small and Medium size business organizations True /False

QUESTION 1 Every business idea is a business opportunity True/ False

QUESTION 2 A business concept which is feasible is a business opportunity True/ False

QUESTION 3 A business concept reales to a gap in the market which is to be filed by an entrepreneur True /False

QUESTION 4 An innovation which is continuous marginally destroys the previous product True /False

QUESTION 5 An innovation which is dynamically continuous substantially destroys the previous product True /False

QUESTION 6 An innovation which is discontinuous completely destroys the previous product True /False

QUESTION 7 After preparing business plan you have to prepare opportunity assessment plan True/ False

QUESTION 8 After preparing the business plan you have to prepare opportunity assessment plan True/ False

QUESTION 9 Business idea is a concept before ascertaining the feasibility as a business oportunity True/ False

QUESTION 10 Market research is to ascertain the dissatisfied wants of customers True /False

QUESTION 11 Market research is always to collect primary date for analysing market phenomena True /False

QUESTION 12 Market research may collect secondary data to ascertain the market phenomena True/ False