Entrepreneurship in India
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Questions and Answers

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?

  • 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?

  • Not important at all
  • Moderately important
  • Slightly important
  • Extremely important (correct)
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