GST204 9/10 TMA1&2

Personality __ need for achievement and locus of control are found to be associated with entrepreneurial inclination
Select one:

a. customers

b. organization

c. traits✅

d. scientist

Starting a new business is a serious _ that requires a lot of commitment and hard work.
Select one:

a. business

b. venture

c. exercise✅

d. matter

The need for achievement theory was propounded by McClelland in _
Select one:

a. 1961✅

b. 1981

c. 1971

d. 1951


The business environment is _ and filled with uncertainties and risk
Select one:

a. complex

b. dynamic✅

c. market

d. constant

In getting things done and starting and maintaining a  attention has to be paid to a lot of details.
Select one:

a. environment

b. business✅

c. market

d. objective

The sociological theory is the third of the major entrepreneurship _
Select one:

a. management‘s

b. theories✅

c. venture

d. individual


The classical movement described the role of the entrepreneur in the context of _ and distribution of goods in a competitive marketplace.
Select one:

a. business

b. environment

c. entrepreneur

d. production✅


Psychological _ of entrepreneurship identifies traits  motives and personalities as the major factors that infuse the entrepreneurial spirit in an individual.
Select one:

a. theory✅

b. concepts

c. policy

d. traits


The entrepreneur is one who knows how to get  under any circumstances either with others or through others
Select one:

a. people✅

b. resulte

c. research

d. studies


An entrepreneur has clarity about the _ to be achieved in the business the nature of goods to be produced and subsidiary activities to be undertaken
Select one:

a. business

b. customers

c. goals✅

d. objectives