TEC Exam Set 1 Entrepreneurship 1. 1. Which of these is an example of entrepreneurship? Starting up a business based on an old ides, existing business module, and less risk. Teaching in an IIT/MBBS coaching institute. Starting up a business based on a new app/software, with high risk. None of the above 2. An Entrepreneur is a person who takes less risk, avoid experimentation. True False 3. An entrepreneur is one who is involved in a FEW of these activities – managing, organizing, innovating, assuming risks, etc. True False 4. Entrepreneurship is an opportunity to create walth True False 5. 92% of the startups are successful within the first 3 years of starting? True False 6. All People who start up a business based on a new idea are always successful. True False 7. An entrepreneur does the following activities – managing, organizing and makes all the decisions by himself. True False 8. A successful entrepreneur can become rich very fast. True False Loading … Question 1 of 8
