Individuals influencing an entrepreneurs career choice and style are known as which of the following

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Entrepreneurship Management

191. Which of the following shows the process of creating something new?

  1. Business model
  2. Modeling
  3. Creative flexibility
  4. Innovation

Correct answer: (D)
Innovation

192. Individuals influencing an entrepreneur's career choice and style are known as which of the following?

  1. Moral-support network
  2. Role model
  3. Professional support network
  4. Support system

Correct answer: (B)
Role model

193. SBA stands for:

  1. Small business accountants
  2. Small business administration
  3. Small business adequacy
  4. Small business advisors

Correct answer: (B)
Small business administration

194. EDP (Entrepreneurship Development Programmes) is required to help:

  1. Existing entrepreneurs
  2. First generation entrepreneurs
  3. Future generations entrepreneurs
  4. None of the above

Correct answer: (B)
First generation entrepreneurs

195. A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be regarded as?

  1. Ecopreneur
  2. Technopreneur
  3. Intrapreneur
  4. Social Entrepreneur

Correct answer: (C)
Intrapreneur

196. Which of the following is used by entrepreneurs to acquire experience in an international market before making a major commitment?

  1. Merger
  2. Minority Interest
  3. Joint venture
  4. Majority interest

Correct answer: (B)
Minority Interest

197. What is the process by which individuals pursue opportunities without regard to resources they currently control?

  1. Startup management
  2. Entrepreneurship
  3. Financial analysis
  4. Feasibility planning

Correct answer: (B)
Entrepreneurship

198. Which of the following factors is the most important in forcing U.S companies to focus on new product development and increased productivity?

  1. Entrepreneurship
  2. Hyper competition
  3. Governmental laws
  4. Organizational culture

Correct answer: (B)
Hyper competition

199. Which one of the following is an important source of idea generation due to their familiarity with the needs of market?

  1. Existing products and services
  2. Distribution channels
  3. Federal government
  4. Consumers

Correct answer: (B)
Distribution channels

200. A performance and credit rating scheme has been launched by the MSME Ministry to assess creditworthiness and capabilities of industries in the sector. What is it called?

  1. Performance and Credit Rating Scheme
  2. Zero Defect Zero Effect Certification
  3. Performance and Economy Rating Scheme
  4. None of the above

Correct answer: (A)
Performance and Credit Rating Scheme

What are the 4 types of entrepreneur?

The four types of entrepreneurs:.
Coasting, opportunity comes to them (or it doesn't).
Conservative (very moderate use of resources, protecting existing resources).
Aggressive (proactive, all-in, actively seeks opportunity).
Innovator/Revolutionary (attains growth through innovation).

What is involved in entrepreneurship as a career choice?

Entrepreneurs work to develop ideas, create and refine products and services, and grow companies and industries. They sometimes, but not always, work for a family-owned business or for themselves, but many work within traditional companies and organizations.

What do you call the person who is involved in entrepreneurship answer?

A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor in order to produce goods or services for profit.

What is the style of entrepreneurship?

Entrepreneurial style refers to transforming or providing shape to an idea or innovation that can lead to a successful business or organization. Also, different people can have different ways of thinking, which means their approaches and attitude towards transforming an idea or innovation are different.