Entrepreneurship & Start-ups Quiz

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Questions and Answers

What is the definition of an entrepreneur?

An entrepreneur is an individual who identifies and seizes opportunities to create and manage a new business venture, often with the aim of achieving financial profitability and growth.

What are the traits of an entrepreneur?

The traits of an entrepreneur include entrepreneurial spirit, resourcefulness, quality, competency, and motivation.

What is the purpose of the course 'Entrepreneurship & Start-ups'?

The purpose of the course 'Entrepreneurship & Start-ups' is to establish a small enterprise/start-up, validate it, and make it scalable.

What is the unit-1 of 'Entrepreneurship and Start-Ups' about?

<p>The unit-1 of 'Entrepreneurship and Start-Ups' is about the introduction to entrepreneurship and start-ups, including the definition of an entrepreneur and the traits of an entrepreneur.</p> Signup and view all the answers

What are the course outcomes (COs) of 'Entrepreneurship & Start-ups'?

<p>The course outcomes (COs) of 'Entrepreneurship &amp; Start-ups' are: 1) Understanding the dynamic role of entrepreneurship and Startups by acquiring entrepreneurial spirit and resourcefulness, quality, competency, and motivation. 2) Identifying a business idea and implementing it. 3) Selecting suitable management practices like leadership and ownership, resource institutes. 4) Providing an overview of support agencies and incubators. 5) Building a project proposal and knowing CSR, ethics, Ex-Im, and exit strategies.</p> Signup and view all the answers

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Study Notes

Entrepreneurship & Start-ups

  • An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.

Traits of an Entrepreneur

  • Entrepreneurs are risk-takers, innovative, and adaptable.
  • They have strong leadership and management skills.
  • Entrepreneurs are passionate, resilient, and have a strong work ethic.

Course Overview

  • The purpose of the 'Entrepreneurship & Start-ups' course is to equip students with the knowledge, skills, and attitudes required to start and run a successful venture.

Unit-1 Overview

  • Unit-1 of 'Entrepreneurship and Start-Ups' focuses on the introduction to entrepreneurship, entrepreneurial process, and entrepreneurial traits.

Course Outcomes (COs)

  • Apply entrepreneurial concepts to develop innovative business ideas.
  • Analyze the entrepreneurial ecosystem and its components.
  • Identify and evaluate opportunities for entrepreneurship.
  • Develop a comprehensive business plan.
  • Demonstrate entrepreneurial skills, including risk-taking and adaptability.

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