TEC Quiz By Adarsh Mishra

Starting up a new venture with a new idea is called entrepreneurship.

TRUE

FALSE

Entrepreneurship is an opportunity to create a wealth

TRUE

FALSE

Which of these is an example of entrepreneurship

Starting up a business based on old Idea existing business module and less risk

Teaching IIT/MBBS coaching institute

Starting up a business based on a new app/software, with high risk

None of Above

Which of these is an example of entrepreneurship

Starting up a new type of restaurant in a city

Working in a Call center BPO

Teaching Mathematics coaching center

Managing and completing tasks given by the boss in a company

An Entrepreneur is one who is involved in a FEW of these activities - managing, organising, innovating, assuming risks etc.

TRUE

FALSE

An Entrepreneur does the following activities - managing, organising and make all the descision by himself

TRUE

FALSE

An Entrepreneur is a person who takes less risks and avoids experimentation

TRUE

FALSE

A Successful Entrepreneur can become rich very fast

TRUE

FALSE

All peoples who start up a business based on a new idea are always successful

TRUE

FALSE

92% of startups are successful within the first 3 years of starting

TRUE

FALSE

Does Entrepreneurship involve ______________

Managing responsiblities

Organising Tasks

Evaluating risks in a new venture

All of the above

Entrepreneurship involves organising, managing and assuming the risks pertaining to your enterprise etc. And an entrepreneur is one who involved in all of these

TRUE

FALSE

Building a business takes ________ time then it's take to generate the idea for the business

Shorter

Same

Longer

Cannot say

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