The entrepreneur in an advanced economic is an individual who . . . . . . . . something new into the economy - a method of production not yet tested by experience in the branch of manufacture concerned, a product with which consumers are not yet familiar, a new source of raw material, new markets and the like.

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