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Assesment-2 Entrepreneurial Character Assessments Answer Key

Q1. Does entrepreneurship involve…………………………?
A. Managing responsibilities
B. Organizing tasks
C. Evaluating risks in the new venture.
D. All of the above.


Q2. Entrepreneurship involves organizing, managing, and assuming the risks pertaining to your enterprise etc. And an entrepreneur is one who is involved in ALL of these.
A. True ✅
B. False


Q3. Building a business takes —————– time than it takes to generate the idea for the business.
A. Shorter
B. Same
C. Longer ✅
D. Can Not Say


Q4. Entrepreneurs should not be greedy to grow big, as this needs patience as well.
A. True ✅
B. False


Q5. Entrepreneurs need to have ——————— to be successful.
A. Patience ✅
B. Patient
C. Money
D. Luck


Q6. ………………………is the specific tool of entrepreneurship?
A. Creation
B. Renovation
C. Innovation ✅
D. Experimentation


Q7. Entrepreneurs need membership in physical communities where ideas can be shared and shaped.
A. True ✅
B. False


Q8. How to inspire and create entrepreneurial leaders within the organizations?
A. Develop entrepreneurial ecosystems inside organizations to promote entrepreneurial activity as a mainstream, strategic activity ✅
B. Promote employees often
C. Both are correct
D. None of them are correct


Q9. Organizations are not entrepreneurial but people are entrepreneurial.
A. True ✅
B. False


Q10. Entrepreneur framed as intentional iteration creates:
A. A mindset that is prepared.
B. Expects multiple challenges.
C. Both are correct. ✅
D. None are correct

Download: CSC TEC latest Answer key

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