Tag: organization of commerce and management

Questions Related to organization of commerce and management

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

Individuals who help the entrepreneur in business activities are  _________.

  1. role modes

  2. professional-support network

  3. employees

  4. all of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Professional support network is the team of professionals who work under the guidance of an entrepreneur to work and carry out business activities for smooth fuctioning of the business.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

Why it is said that there are better odds of winning if you be an Entrepreneur because _________.

  1. you start a new business

  2. you do what you love to do

  3. passion is the fuel for success

  4. both b and c

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The question asks about why entrepreneurs have better odds of winning. The reasoning combines two key aspects: (B) entrepreneurs do what they love, and (C) passion fuels success. Both factors contribute to entrepreneurial success, making D the correct answer.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

Which of the following is not true about an entrepreneur?

  1. An entrepreneur is creative, innovative and risk taker

  2. An entrepreneur is independent

  3. An entrepreneur is not future oriented

  4. None of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Characterstics of entrepreneurs:
1) Entrepreneur are Person who owns and develops his business
2) Entrepreneurs have Talent
3) Entrepreneurs have a way of thinking in innovative ways about ordinary things that leads to their ability to create new value
4) Entrepreneurs have an ability to acquire the necessary skills and expertise to push their new ventures forward
5) Entrepreneurs have strong urge to be independent
6) Entrepreneur is commonly seen as a business leader
7) Entrepreneurs have a ability to fight competitiveness

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

Which type of entrepreneur is lead by charisma, charm and high energy?

  1. Superstar

  2. Fireball

  3. Juggler

  4. Hero

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
Superstar- Here the business is centred around the charisma and high energy of the Superstar CEO. This personality often will cause you to build your business around your own personal brand.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

Which type of entrepreneur is full of life, energy and optimism?

  1. Fireball

  2. Healer

  3. Juggler

  4. Optimiser

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
Fireball- A business owned and operated by a Fireball is full of life, energy and optimism. Your company is life-energizing and makes customers feel the company has a get it done attitude in a fun playful manner.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

Amongst all which are the challenges that are NOT to be faced by an Entrepreneur?

  1. Rules that protect employers

  2. Global competition

  3. Changes around the globe

  4. Delayed payments

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The question asks which challenges entrepreneurs do NOT face. Options B, C, and D (global competition, changes around the globe, delayed payments) are all real challenges entrepreneurs face. Option A ('rules that protect employers') actually benefits employers/business owners rather than challenging them, making it the correct answer to what entrepreneurs do NOT face as a challenge.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

What type of entrepreneur do not do new things?

  1. Superstar

  2. Fireball

  3. Jugglers

  4. Sustainers

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
Sustainer-The sustainers entrepreneur category consists of people who like the thought of the balancing work and apersonal life. Most often they do not wish the business to grow too large where it will cut into their personal life too much. They do not do new things.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

Which of the following is not a type of entrepreneur?

  1. Villain

  2. Artiste

  3. Fireball

  4. Superstar

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
Following are the types of entrepreneurs
(i)Idealist
(ii)Optimiser
(iii)Hard workers
(iv)Sustainers
(v)Improver
(vi)Advisor
(vii)Superstar
(viii)Artiste
(ix)Visionary
(x)Analyst
(xi)Fireball
(xii)Jugglers
(xiii)Hero
(xiv)Healer.
 Villian is not a type of enterpreneur.


Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

For developing a successful environment for an Indian Entrepreneur which of the following things are required?

  1. A comfortable environment of start the business

  2. An access to capital

  3. Knowledge of emerging markets

  4. All of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A successful entrepreneurial ecosystem requires a combination of supportive infrastructure, financial accessibility, and market awareness.

Multiple choice organization of commerce and management entrepreneurship opportunities for an entrepreneur small business and enterprises entrepreneurship development

Bills gates is considered which of the type of entrepreneur ________.

  1. visionary

  2. superstar

  3. sustainer

  4. idealist

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
Visionary-Visionaries are entrepreneurs driven by a desire to change the world - and the capacity to imagine how to do so. Bill gates drive to change the world.