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Questions and Answers
Which function of entrepreneurship deals proactively with changing markets and environment?
Which function of entrepreneurship deals proactively with changing markets and environment?
- Risk bearing capacity
- Dynamic function (correct)
- Organising function
- Managerial and leadership functions
What is the purpose of entrepreneurship according to Dr. Atul Loomba?
What is the purpose of entrepreneurship according to Dr. Atul Loomba?
- Creating new job, new task, and new venture
- Promoting business and industries in society
- Bridging the gap between human wants and available products
- Satisfying the changing needs of consumers (correct)
In what type of environment does entrepreneurship always work according to the provided information?
In what type of environment does entrepreneurship always work according to the provided information?
- Environment with minimal changes
- Highly regulated environment
- Slow and stable environment
- Open environment of fast changes (correct)
According to Dr. Atul Loomba, which knowledge is essential for improved entrepreneurship?
According to Dr. Atul Loomba, which knowledge is essential for improved entrepreneurship?
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What is the main characteristic of entrepreneurship according to the given text?
What is the main characteristic of entrepreneurship according to the given text?
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