Page 2 - Home Assignment 4

(d) None

(viii) These types of entrepreneurs develop ideas for new products or services and
establish an enterprise to convert the idea into reality.

(a) Business entrepreneur
(b) Trading entrepreneur

(c) Industrial entrepreneur
(d) None

(ix) Who inherit the family business through succession and pass it from one
generation to another.

(a) First generation entrepreneur
(b) Second generation entrepreneur
(c) Third generation entrepreneur
(d) None of these.

(x) Which type of entrepreneurs work for their ambition, status and ego?

(a) Motivated Entrepreneurs

(b) Pure Entrepreneurs
(c) Induced Entrepreneurs
(d) All

LONG QUESTIONS: (3/4/6) MARKS

1. Explain the types of business entrepreneurs.
2. Classify entrepreneurs on the basis of different generations in a family
business.

3. Intrapreneurship has become a necessity in today’s corporate world. Why?
4. Differentiate between an intrapreneur and an entrepreneur.

5. Differentiate between an entrepreneur and an employee.
-------------------------------------------------------X--------------------------------------------