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Questions and Answers
Which of the following is a key characteristic of entrepreneurship in the Indian industry?
Which of the following is a key characteristic of entrepreneurship in the Indian industry?
- Low levels of competition
- High levels of government regulation
- Strong support from the government (correct)
- Limited access to capital
What is one of the main challenges faced by entrepreneurs in the Indian industry?
What is one of the main challenges faced by entrepreneurs in the Indian industry?
- Lack of skilled labor (correct)
- Minimal bureaucratic processes
- Abundance of funding options
- Ease of doing business
What role does innovation play in entrepreneurship in the Indian industry?
What role does innovation play in entrepreneurship in the Indian industry?
- Not important at all
- Moderately important
- Slightly important
- Extremely important (correct)
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