CSEI-MCQ-1

 

  1. What is entrepreneurship primarily concerned with?

    • A) Implementing existing ideas
    • B) Identifying and pursuing opportunities
    • C) Following established norms
    • D) Minimizing risks

    Answer: B) Identifying and pursuing opportunities

  2. Which of the following is NOT a characteristic commonly associated with successful entrepreneurs?

    • A) Risk-taking
    • B) Innovation
    • C) Resistance to change
    • D) Persistence

    Answer: C) Resistance to change

  3. Which type of entrepreneur starts businesses with the primary goal of creating positive social or environmental impact?

    • A) Serial entrepreneur
    • B) Social entrepreneur
    • C) Corporate entrepreneur
    • D) Intrapreneur

    Answer: B) Social entrepreneur

  4. What is the process of assessing the viability and potential success of a business idea called?

    • A) Idea generation
    • B) Business planning
    • C) Feasibility analysis
    • D) Execution

    Answer: C) Feasibility analysis

  5. Which type of innovation involves introducing new or improved products to the market?

    • A) Process innovation
    • B) Social innovation
    • C) Product innovation
    • D) Business model innovation

    Answer: C) Product innovation

  6. What often drives innovation by enabling new possibilities?

    • A) Market needs
    • B) Regulatory changes
    • C) Technology
    • D) Competition

    Answer: C) Technology

  7. Which stage of the innovation process involves designing, prototyping, and refining the innovative solution?

    • A) Ideation
    • B) Validation
    • C) Development
    • D) Implementation

    Answer: C) Development

  8. What is the primary role of entrepreneurship in the economy?

    • A) Fostering innovation
    • B) Creating jobs
    • C) Securing funding
    • D) Analyzing market trends

    Answer: B) Creating jobs

  9. Which type of entrepreneur initiates innovative projects or ventures within large organizations?

    • A) Serial entrepreneur
    • B) Social entrepreneur
    • C) Corporate entrepreneur (Intrapreneur)
    • D) Independent entrepreneur

    Answer: C) Corporate entrepreneur (Intrapreneur)

  10. What drives competitiveness, stimulates economic growth, and addresses pressing societal challenges?

    • A) Entrepreneurship
    • B) Regulation
    • C) Inertia
    • D) Innovation

    Answer: D) Innovation

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