. . . . . . . . is a favourable set of circumstances that creates a need for a new product service or business.

Entrepreneurship consists

A. Knowledge-based behaviour

B. Universal activity

C. Management is the vehicle of entrepreneurship

D. All of the above

The functions of Entrepreneurship includes

A. Establishing the enterprise

B. Project planning

C. Initiation and risk taking

D. All of the above

Which is the type of entrepreneurship?

A. Private entrepreneurship

B. Public entrepreneurship

C. Joint entrepreneurship

D. All of the above

A study conducted by the Entrepreneurship Development Institute of India, Ahmedabad, revealed that the possession of competencies is necessary for superior performance of the entrepreneurs. The study was conducted under the guidance of

A. James T. McCrory

B. David C. McClelland

C. James J. Berna

D. P. L. Tandon