15.Which of these statements best describes the context for entrepreneurship: a.Entrepreneurship takes place in small businessesb.Entrepreneurship does not take place in social enterprisesc.Entrepreneurship takes place in a wide variety of contexts d.Entrepreneurship takes place in large businesses16. Which of the following are described as one of the ‘Big Five’ personality traits? 17.The period of business when an entrepreneur must position the venture in a market and make necessary adjustments to assure survival is called the:
18.Which of the following is a reason why a person might prefer to purchase a franchise rather than open a completely new business? 19. MSMED stands to ___________a.Micro, Small & Medium Enterprises Development b.Mini, Small & Medium Enterprises Development c.Micro, Small & Medium Entrepreneurship Development d.Micro, Small & Medium Enterprises Department 20. Which of the following is an internal factor that influences entrepreneurs? 21.__________________ requires proper review and reconsideration of the selected alternative before implementing it.
22. Which one of the following is an economic barrier to an entrepreneur? 23. Which of the following enterprises was found by Akio Morita? a.Samsung b.Apple c.Panasonic d.Sony 24. ________________ can be defined as psychological features that enable an individual to take action toward a desired goal? 25. ___________ implies that women entrepreneurs are now economically independent and take decisions independently. 26.Financial feasibility analysis can be done by comparing ______________ with the estimated sales figure.
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