ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as ____
A
Organizational decisions
B
Personal decisions
C
Routine decisions
D
Strategic decisions
Explanation: 

Detailed explanation-1: -These decisions are concerned with policy matters and they influence the goals and objectives of a business venture: Routine decisions.

Detailed explanation-2: -Decision taken by entrepreneur on behalf of his enterprise is mainly known as organizational decision.

Detailed explanation-3: -Input Analysis: Input analysis is mainly concerned with the identification, quantification and evaluation of project inputs, that is, machinery and Page 4 67 materials. You have to ensure that the right kind and quality of inputs would be available at the right time and cost throughout the life of the project.

Detailed explanation-4: -"Capitalization” is the primary concern of founders are trade equity growing venture. Explanation: A venture capitalist (VC) is a private equity investor that provides capital to companies with high growth potential in exchange for an equity stake.

There is 1 question to complete.