Chapter Exam

Chapter 24: Types of Entrepreneurs — Online MCQ Test

Q: An entrepreneur who starts a new business by introducing an original product or a new idea is called a ________ entrepreneur.

Answer: A. Innovative — Innovative entrepreneurs introduce new products, methods, or ideas. They are known for creativity and original thinking.

Q: Which of the following entrepreneurs follows the existing market trends and copies successful business ideas?

Answer: B. Imitative entrepreneur — Imitative entrepreneurs adopt and improve upon existing business models. They do not create an entirely new idea.

Q: A person who starts a business by using new technology and modern machines belongs to which type of entrepreneur?

Answer: A. Technical entrepreneur — Technical entrepreneurs focus on technology-based business activities. They prefer modern technical knowledge and machinery.

Q: A farmer who starts a business using improved irrigation technology and modern farm methods is best classified as a ________ entrepreneur.

Answer: A. Agricultural and technical entrepreneur — Agricultural entrepreneurs are involved in farm-related activities, and using modern technology makes the entrepreneurial activity technically oriented.

Q: A student says: 'My father runs a family-owned business, but I started a new startup using digital technology and I am the first in my family to do so.' Which classification fits him best?

Answer: B. First-generation and technical entrepreneur — He is a first-generation entrepreneur because he is the first in the family to start a business. Since he uses digital technology, he is also a technical entrepreneur.

COMMERCE · CLASS 12th · Tamil Nadu State Board

Practice Chapter 24: Types of Entrepreneurs with a free chapter-wise online MCQ test for Tamil Nadu State Board CLASS 12th COMMERCE. This chapter covers: This chapter covers classifications of entrepreneurs based on function business type technology adoption motivation development stage area and ownership. Students examine different.... AI-generated questions from basic to board-exam level, with instant results and explanations.

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Chapter 24: Types of Entrepreneurs — Important Questions & Answers (FAQ)

Frequently asked questions from Tamil Nadu State Board CLASS 12th COMMERCE — Chapter 24: Types of Entrepreneurs, with answers and explanations. These are sample questions; the exam has its own separate question set.

An entrepreneur who starts a new business by introducing an original product or a new idea is called a ________ entrepreneur.

A. Innovative ✓
B. Imitative
C. Drone
D. Fabian

Answer: A. Innovative
Innovative entrepreneurs introduce new products, methods, or ideas. They are known for creativity and original thinking.

Which of the following entrepreneurs follows the existing market trends and copies successful business ideas?

A. Innovative entrepreneur
B. Imitative entrepreneur ✓
C. Drone entrepreneur
D. Fabian entrepreneur

Answer: B. Imitative entrepreneur
Imitative entrepreneurs adopt and improve upon existing business models. They do not create an entirely new idea.

A person who starts a business by using new technology and modern machines belongs to which type of entrepreneur?

A. Technical entrepreneur ✓
B. Non-technical entrepreneur
C. First-generation entrepreneur
D. Drone entrepreneur

Answer: A. Technical entrepreneur
Technical entrepreneurs focus on technology-based business activities. They prefer modern technical knowledge and machinery.

A farmer who starts a business using improved irrigation technology and modern farm methods is best classified as a ________ entrepreneur.

A. Agricultural and technical entrepreneur ✓
B. Corporate entrepreneur
C. Fabian entrepreneur
D. Drone entrepreneur

Answer: A. Agricultural and technical entrepreneur
Agricultural entrepreneurs are involved in farm-related activities, and using modern technology makes the entrepreneurial activity technically oriented.

A student says: 'My father runs a family-owned business, but I started a new startup using digital technology and I am the first in my family to do so.' Which classification fits him best?

A. Inherited and traditional entrepreneur
B. First-generation and technical entrepreneur ✓
C. Drone and corporate entrepreneur
D. Fabian and rural entrepreneur

Answer: B. First-generation and technical entrepreneur
He is a first-generation entrepreneur because he is the first in the family to start a business. Since he uses digital technology, he is also a technical entrepreneur.

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Chapter 25: Government Schemes for Entrepreneurial Development