Q.Institutional support to entrepreneurs is needed mainly by:
(A) Large, well-established companies
(B) Small, tiny, and first-generation entrepreneurs
(C) Foreign multinational companies
(D) Government departments only
As Section a explains, a large and established company can usually raise money, hire technical and managerial experts, and market its products on its own. It is the small, tiny, and first-generation entrepreneur — often a person without a business background — who faces the real difficulties: shortage of capital, lack of technical and managerial skills, difficulty in marketing, and problems of infrastructure and raw materials.
For this reason the whole system of institutional support is aimed mainly at the small, tiny, and micro sector, which creates the most employment but faces the most obstacles. That makes option (B) correct.
The other options are wrong: large, well-established companies (A) and foreign multinationals (C) can manage on their own and are not the focus of this support; and the support is meant for entrepreneurs, not for government departments themselves (D), even though government institutions are the ones providing the help.
(B) Small, tiny, and first-generation entrepreneurs
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