stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
ENTREPRENEURSHIP CONCEPTS AND FUNCTIONS Flashcards | StudBud
Explore
/
ENTREPRENEURSHIP CONCEPTS AND FUNCTIONS
ENTREPRENEURSHIP CONCEPTS AND FUNCTIONS
10 terms
·
StudBud Administration
·
25 plays
Imported from external platform
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
In mixed economy only government is responsible for economic development
False
True
2
Entrepreneur always share responsibility with his subordinates
False
True
3
Identify the commercial function
Accounting
Production
Finance
Marketing
4
A lot of entrepreneurs use debt than equity to fund their companies
False
True
5
Identify the managerial function of an entrepreneur
Communication
Planning
Coordination
Staffing
6
Organization building refers to the bringing together of various factors of production
False
True
7
An entrepreneur eliminates risk caused due to uncertainty
False
True
8
All the decisions in a business are taken by an entrepreneur
False
True
9
Identify Entrepreneurial function
Risk Taking
Creativity
Organization building
Innovation
10
An entrepreneur reduces the occurrences of unforeseen contingencies
False
True
