Entrepreneurship skills MCQ with Answers

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

Large-scale businesses: have more employees, in more complex management hierarchy than in the medium-scale businesses and small scale businesses. They have great number of business operations daily. As rule such businesses are characterized by a large number of clients, business contacts, and great volume of business communication.

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
Entrepreneurship is also termed as self employment.

For medium manufacturing enterprises, the investment in plant and machinery is between 5 Crores to 10 Crores.

SWOT Analysis full form
S- Strength
W-Weakness
O-Opportunity
T- Threat