Q1. Entrepreneurship is a process. Describe and exemplify the statement with proper description.
Q2. Explain how is entrepreneurship a ‘gap filling function’?
Q3. Compare and contrast ‘Innovation’ with ‘Creativity’.
Q4. Illustrate in brief the economic responsibility of small business in the society.
Q5. Recognize two characteristics of the service sector.
Q6. Explain why is creativity considered to be a pre-requisite to innovation?
Q7. Distinguish between the innovation and invention.
Q8. Can entrepreneurs be managers? Validate your answer.