The Fundamentals of Entrepreneurship
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Questions and Answers

Which view of entrepreneurship emphasizes the exploitation of technological possibilities for producing new commodities?

  • Schumpeter's view (correct)
  • Drucker's view
  • Ambani's view
  • None of the above

    • What is the strategy mantra followed by S Dhiru Bhai Ambani?

  • Think big, think fast, think ahead (correct)
  • Think small, think slow, think behind
  • Think cautiously, think conservatively, think backward
  • Think randomly, think slowly, think aimlessly

    • What approach did S Dhiru Bhai Ambani take towards business expansion?

  • Conservative approach
  • Aggressive approach (correct)
  • Random approach
  • Passive approach

    • What is the main goal of an entrepreneur?

    <p>Creating a new business</p> Signup and view all the answers

    What role does innovation play for entrepreneurs according to Drucker?

    <p>It is a specific tool for entrepreneurs</p> Signup and view all the answers

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