18 Questions
Which characteristic is exemplified by Ravi in the text?
Patient
What did Susheela do when her decision didn't work out?
Takes responsibility for your mistakes
What is the primary reason why an entrepreneur is always trying new things according to the text?
Increase importance and income
In the text, what is a common risk an entrepreneur takes?
Risk of theft or fire
What aspect of creating new methods, ideas, or products does the text emphasize?
Increasing importance and income
Why does an entrepreneur divide business money to many groups according to the text?
To share profits and risks
What is a common misconception addressed in the text?
Entrepreneurs always need a lot of capital to start a business.
What was highlighted as important for starting a business in the text?
Innovative product ideas
How did the text suggest entrepreneurs can make their businesses bigger?
By investing profits back into the business
What is the purpose of the 'Talking to Entrepreneurs: Interview Procedure' activity mentioned in the text?
To enable students to learn about successful entrepreneurs in the area
What does the text suggest about the relationship between money invested and business success?
The amount of money invested does not guarantee business success.
Based on the text, what is emphasized as a key factor for entrepreneurial success?
Innovative ideas and new methods
What is the main message conveyed in the text?
Trying is essential to knowing if you want to be an entrepreneur
What is the purpose of writing down business ideas in the text?
To select a business idea to try out
Why does the text suggest taking up a new problem or identifying a new business idea?
To explore creativity and innovation
What is the significance of using the qualities identified within oneself in Session 2?
To leverage personal strengths for running a business
From the given options, which one represents self-employment?
Having a dosa selling stall
How does the text promote experimentation and learning in entrepreneurship?
By emphasizing on trying to know if one wants to be an entrepreneur
Explore the responsibilities and tasks of an entrepreneur in a business setting, from planning production to managing risks and income distribution. Learn about the key aspects of entrepreneurship, including decision-making, resource allocation, and risk management.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
