Quiz Competition On Startup India
Institution's Innovation Council , K.S. RANGASAMY COLLEGE OF TECHNOLOGY is organizing a quiz competition to celebrate India's Startup Day 2022.
Theme : Startup Essentials
Instructions:
Date : 27 Feb 2022
Time: 8.00 am to 9.00 pm
You Can Attend The Quiz Only Once.
Make Sure You Have Answered All The Questions.
Submit the Quiz Within the deadline.
Participating Link Will Be Given in the post description.
Here You can sell all the questions which are asked in this quiz competition
India's Start-up day celebration
Start-up Essential Quiz
1. In the early stages of a start-up business, entrepreneurs assume sole responsibility for
global economic growth rates.
all aspects of their businesses
the daily activities of competitors
reducing the need for financial records products.
2. Many businesses fail due to insufficient capital. Insufficient capital is also known as a lack of
advertising.
money
employees.
commitment
3. While managers help to make entrepreneurs’ visions a reality, they are NOT required to
formulate company policy
establish business objectives.
assume the risk involved
implement procedures
4. Technological advancements have made it possible for some entrepreneurs to
eliminate the need to pay taxes
reduce the need for financial records.
run their businesses with no resources
operate their businesses entirely from their computers
5. What is a disadvantage of entrepreneurship?
Personal satisfaction
Uncertain income
Lower taxes
Flexible schedule
6. How do entrepreneurs develop their skills?
By seeking little or no advice from others
By reducing their flexibility
By training and continuous practice
By becoming an autocratic leader
7. Successful entrepreneurs enjoy their work and often start their businesses so that they can share their interests and enthusiasm with others. In other words, successful entrepreneurs have _____ what they do.
passion for
concerns about
apathy for
reservations about
8. Michelle’s primary reason for starting her own business is her desire to make her own schedule. Michelle is looking forward to the _____ she hopes to have as an entrepreneur.
tax breaks and deductions
flexibility and independence
advanced technology
personal commitment
9. Jorge is an entrepreneur and owner of 2 successful businesses. Jorge’s colleagues value his ability to come up with new ways of doing things and to find solutions to seemingly impossible problems. What entrepreneurial traits do Jorge' colleagues admire?
initiative
goal setting
integrity
creativity
10. What is the importance of an entrepreneur in the economy?
Entrepreneurs are our community leaders.
Entrepreneurs help stabilize and grow the economy with their ability to discover new business.
Entrepreneurs make all their own rules and new products come from them.
Entrepreneurs rely only on themselves and do not hire anyone else
11. Before starting their business ventures, which of the following would entrepreneurs recognize first:
Regulations
Opportunity
Associations
Liability
12. Entrepreneurs often discover business start-up ideas by looking for gaps between what is currently being done and
what was done in the past
how things are being done
what needs to be done.
when changes were last made
13. Entrepreneurs who are aware of their personal strengths and weaknesses increase their chances of
outsourcing
success
empathy
productivity
14. What makes a "small business owner" different from an “entrepreneur”?
Small business owners are not risk takers and entrepreneurs are risk takers
Small business owners think big, & entrepreneurs think bigger
Small business owners are content and want to make a living and entrepreneurs want to change the world
Business owners do not use technology and entrepreneurs are using the newest and best technology
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