CUET Business Studies: Business StudiesEntrepreneurship Development. Free, no login required.

"Entrepreneurship is not a mysterious gift or charm and something that happens by chance! It is step by step and a purposeful activity". Identify the characteristic of entrepreneurship highlighted in the aforesaid statement.

Identify from the options given below, the competency of an entrepreneur, which focuses on "observing the symptoms, diagnosing and curing".

Identify the concept of entrepreneurial motivation that implies a desire to accomplish something difficult.

“Eliciting support of others in the venture” indicates which competency of entrepreneurial performance?

A 'never say die' attitude, not giving up easily, striving continuously until success is achieved, represents which among the following competencies?

Arrange the following steps of the entrepreneurship development process in a logical sequence.

(A) Launching the venture

(B) Appraisal by the funding agencies

(C) Developing a business plan

(D) Identifying entrepreneurial opportunities

Choose the correct answer from the options given below:

Which of the following is not the function of an entrepreneur?

1. Impact on local communities
2. Decrease the spectrum of economic activities
3. Generation of employment
4. Improvement in economic efficiency

"Entrepreneurship is a step by step activity requiring skill, knowledge and competency." Which of the following characteristics of entrepreneurship supports this statement?

Which of the following are the components of feasibility analysis?

(A) Economic Analysis

(B) Technical Analysis

(C) Financial Analysis

(D) Personal Analysis

Choose the correct answer from the options given below:

Arrange the following stages of business idea generation in a logical sequence.

(A) Examine the idea for its real life use and application.

(B) Decide the level of operation

(C) Identify the technology required to produce the product

(D) Obtain a concept of the product suggested by one idea.

Choose the correct answer from the options given below:

Arrange the following stages of the enterprise process in a logical manner.

(A) Evaluating the ideas received from different sources to find a creative solution

(B) Opportunity spotting by analysing the needs and problems that exist in the environment

(C) Identifying a product or service through innovation

(D) Setting up a project and nurturing it to success

Choose the correct answer from the options given below:

Match List-I with List-II

Choose the correct answer from the options given below:

Arrange the process of setting up a business in the correct sequence.

(A) Assessment of feasibility of the idea

(B) Development of product

(C) Project commissioning and launch

(D) Appraisal by the funding agencies

Choose the correct answer from the options given below:

Match List-I with List-II

Choose the correct answer from the options given below:

Identify the concept which implies "a desire to accomplish something difficult"?

_______ may be described as an attractive economic idea which could be implemented to create a business, earn profits and ensure further growth.

The process of earning profits and increasing wealth while posing characteristics such as risk taking, management, leadership and innovation is called:

"Not being afraid of the risks associated with business and relying on one's capabilities to successfully manage these".

Identify the entrepreneurial competency highlighted in the aforesaid statement.

The process of setting up one's own business as distinct from pursuing any other economic activity, is known as:

"A never say die" attitude indicates which competency of an entrepreneur?

Which of the following is not included in Entrepreneurial motivation?

Which of the following is not the basic feature of an entrepreneur?

The following are part of entrepreneurial motivation, except:

1. Need for Achievement (N-Ach.)
2. Need for Power (N-Pow)
3. Need for Affiliation (N-Aff.)
4. Need for Profit (N-Pro)

Choose the correct order in the process of setting up a business.

1. Scanning the environment for entrepreneurial opportunities
2. Assessment of feasibility of the idea and preparation of a business plan
3. Development of product/service
4. Appraisal by the funding agencies

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

Which of the following is not a part of entrepreneurial motivation?

Which of the following is not a characteristic of entrepreneurship?

Which of the following is not a competency of an entrepreneur?

Which of the following are the competencies of entrepreneurship?

(A) Persistence

(B) Assertiveness

(C) Initiative

(D) Information-seeking

Choose the correct answer from the options given below:

The characteristic of entrepreneurship are:

(A) Innovation and Creativity

(B) Resistance to change

(C) Risk taking

(D) Lawful and purposeful activity

Choose the correct answer from the options given below: