Entrepreneurship, Module-1 - Practice Mode

1) A product name that has been officially registered with the Trademark Registry of India is _____.

Marked Trademark Approved Token

Correct Answer: Trademark

2) Entrepreneurs learn from their success as well as their ______?.

Failures Friends Profit Business Pitch

Correct Answer: Failures

3) The secret to growing your business is to choose the right _____?to support your growth

Clothes Family Friends Team

Correct Answer: Team

4) Wahid wants to register his product under a trademark. What is the benefit of getting a trademark for your product?

He can sell it at higher rate No one else can use the same product name He will get a lot of success He can take many loans and not repay

Correct Answer: No one else can use the same product name

5) Joy started a homemade pickle business. He has not been able to get profit in the first 2 months. What should he do?

End his business Borrow money Find reasons for his failure & learn from them Get angry

Correct Answer: Find reasons for his failure & learn from them

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