Business Studies

Entrepreneurship Development

Easy

Arrange the following steps involved in setting up a business in a logical order.

(A) Resource Mobilisation

(B) Development of Product/Service idea

(C) Environmental scanning for entrepreneurial opportunities

(D) Assessment of feasibility of the idea and preparation of a business plan

Choose the correct answer from the options given below:

(C), (B), (D), (A)

(C), (A), (D), (B)

(B), (A), (D), (C)

(A), (C), (B), (D)

✅ Correct Option: 4

Correct Answer: 4 → (A), (C), (B), (D)

Considered as initial readiness (skills, knowledge, access to resources), not full deployment.

Identify market opportunities using available resources.

Convert opportunity into a product/service idea.

Evaluate viability and prepare business plan.

This is the correct according to NTA

2022: 28 May Shift 2

In Entrepreneurship, KASH stands for :

2025: 16 May Shift 1

"Eliciting the support of others in the venture". This statement is related to which entrepreneurial competency?

2025: 14 May Shift 2

Arrange the following steps of the process of entrepreneurial development in a logical sequence

(A) Gathering resources

(B) Changing with time

(D) Sensing an opportunity

Choose the correct answer from the options given below:

2025: 13 May Shift 1

Which of the following cannot be a characteristic of an entrepreneur?

2023: 22 June Shift 1

What are the aspects of feasibility analysis under Entrepreneurship Development ?

A. Technical Aspect

B. Economic Aspect

C. Financial Aspect

D. Commercial Aspect

E. Political Aspect

Choose the correct answer from the options given below :

2025: 29 May Shift 2

Match List-I with List-II

List-I	List-II
(Entrepreneurial competency)	(Explanation)
(A) Persistence	(I) Observing the symptoms, diagnosing and curing.
(B) Problem solving	(II) Eliciting support of others in the venture.
(C) Persuasion	(III) Striving continuously until goals are achieved.
(D) Monitoring	(IV) Ensuring the progress of venture as planned.

Choose the correct answer from the options given below:

Solution