csc final exam questions answered
Answers
Answer:
Q. Building a business takes time than it takes to generate the idea for the business of
Ans. Longer
Q. Entrepreneurs should not be greedy to grow big, as this needs patience as well.
Ans. False
Q. Entrepreneurs need to have to be successful.
Ans. Patience
Q. ………………………is the specific tool of entrepreneurship?
Ans. Innovation
Q. Which of these is an example of entrepreneurship?
Ans. Starting up a new type of restaurant in a city.
Q. Why is it important to have prior knowledge or relatable expertise to become a successful entrepreneur?
Ans. Both A and B
Q. A successful tailor wanted to try something new. So, he opened a street food restaurant in his area. But his restaurant did not run properly and eventually he had to close it down. Why? Please select the best option.
Ans. He did not have prior knowledge of how to run a restaurant.
Q. An entrepreneur is one who involved in a FEW of these activities – managing, organizing, innovating, assuming risks,etc.
Ans. True
Q. An entrepreneur does the following activities – managing, organizing and makes all the decisions by himself.
Ans. True
Q. An entrepreneur is a person who takes less risk, avoids experimentation.
Ans. False
Q. Entrepreneurship involves organizing managing and assuming the risks pertaining to your enterprise etc. And an entrepreneur is one who is involved in ALL of these.
Ans. True
Q. Entrepreneurs need membership in physical communities where ideas can be shared and shaped.
Ans. True
Q. How to inspire and create entrepreneurial leaders within the organizations?
Ans. Both Are Correct