TEC Assessment 1 Answers : TEC Question Answer Key 2024 | TEC Assessment Answers pdf | ( Entrepreneurship Assessment )

 

TEC Assessment 1 Answers

Entrepreneurship Assessment

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Table of Content (toc)

TEC Exam Questions and Answers: Entrepreneurship Assessment

1.  92 % of the startups are successful within the first 3 years of starting?

A) TRUE 
B) FALSE

ANSWER= (B) FALSE

 

2. Starting up a new venture with a new idea is called entrepreneurship.

A) TRUE
B) FALSE

ANSWER= (A) TRUE

 

 3. All people who start up a business based on a new idea are always successful.

A) TRUE 
B)  FALSE 

ANSWER= (A) TRUE 

Read More: - TEC Assessment 2 Answers : TEC Question Answer - Entrepreneurship and Entrepreneurial Character

4. A successful entrepreneur can become rich very fast.

A) TRUE 
B) FALSE

ANSWER= (A) TRUE 

 

5. Entrepreneurship is an opportunity to create wealth

A) TRUE
B) FALSE

ANSWER= (A) TRUE

 

6. An entrepreneur is a person who takes less risk, avoids experimentation.

A) TRUE 
B) FALSE

ANSWER= (B)  FALSE

 

Read More: TEC Assessment 3 Answers : TEC Question Answer Key 2021 | TEC Assessment Answers pdf | ( Identifying Business Opportunities )

7. Which of these is an example of entrepreneurship? 

A) Starting up a business based on an old idea, existing business module, and less risk.
B)  Teaching in an IIT/MBBS coaching institute.
C) Starting up a business based on a new app/software, with high risk.
D) None of the above 

  ANSWER= (A) Starting up a business based on an old idea, existing business module, and less risk.

 

8.An entrepreneur does the following activities – managing, organizing and makes all the decisions by himself.

A) TRUE
B) FALSE

ANSWER= (A) TRUE

 

9.  An entrepreneur is one who is involved in a FEW of these activities – managing, organizing, innovating, assuming risks, etc.

A) TRUE 
B) FALSE 

ANSWER= (A) TRUE 

 

10. Which of these is an example of entrepreneurship? .

A) Starting up a new type of restaurant in a city.
B) Working in a call center/BPO.
C) Teaching mathematics in a coaching center
D) Managing and completing tasks given by the boss in a company.

ANSWER= (A) A) Starting up a new type of restaurant in a city.

All TEC Final Exam Answer Key 2024 

• TEC Assessment 1 Answers -   Click Here

• TEC Assessment 2 Answers -   Click Here

• TEC Assessment 3 Answers -   Click Here

• TEC Assessment 4 Answers -   Click Here

• TEC Assessment 5 Answers -   Click Here

• TEC Assessment 6 Answers -   Click Here

• TEC Assessment 7 Answers -   Click Here

• TEC Assessment 8 Answers -   Click Here

• TEC Assessment 9 Answers -   Click Here

• TEC Assessment 10 Answers - Click Here

• FINAL Assessment Answers -  Click Here

• TEC Assessment Answers pdf- Click Here

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