Information Technology
Class-9
Unit- IV-Chapter-1 Entrepreneurial Skills
A. Multiple choice questions:
1. Business is an ______________activity.
a. social b. economic c. political d. all of above
Answer: Economic
2. Generally, entrepreneurs fall under:
a. First category: those who make things happen.
b. Second category: those who watch things happen
c. Third category: those who are left to ask what did happen
Answer: First category: those who make things happen.
3. Innovation involves:
a. Application of new method of production
b. Using new sources of raw materials
c. Exploiting new market
d. All of above
Answer: All of above
4. Which of following is a function of the entrepreneur?
a. innovation b. risk bearing c. organizing and managing functions d. all of above
Answer: All of above