Entrepreneurship Development mcq Quiz Set 1

1. Which of the following shows the process of creating something new?

Correct! Wrong!

2. Which one of the following gives suggestions for new product and also help to market new products?

Correct! Wrong!

3. Which of the following is used by entrepreneurs to acquire experience in an international market before making a major commitment?

Correct! Wrong!

4. GATT is established in 1947, under_____?

Correct! Wrong!

5. The entrepreneur was distinguished from capital provider in_____?

Correct! Wrong!

6. A person who managed large project was termed as the entrepreneur in the _________?

Correct! Wrong!

7. What is the process by which individuals pursue opportunities without regard to resources they currently control?

Correct! Wrong!

8. Having less than 50 percent of equity share in an international venture is called_____?

Correct! Wrong!

9. Having more than 50% ownership position that provides the entrepreneur with managerial control is called_____?

Correct! Wrong!

10. Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?

Correct! Wrong!

Entrepreneurship Development mcq Quiz Set 1

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