Entrepreneurship

  M.com Part 2  Entrepreneurship Management (IDOL) M.com Part 2 All Subject MCQ Link In One Link Click Here👈 1. small business firms provide…. scope for the growth of entrepreneurial activitiesA.   limitedB.   enormousC.   zeroD.   scatteredANS: B 2. under…. scheme, duties collected earlier are paid back to exporter after shipment of goods.A.   duty drawbackB.   sales taxC.   GSTD.   EPCGANS: A 3……. is very prominent problem in and often leads the units to ruinsA.   lack of managementB.   good managementC.   excellent managementD.   Outstanding managementANS: A 4. the entrepreneurs who has overcome all his teething troubles of his business venture and is master of his venture is….. entrepreneurA.   the successful entrepreneurB.   the philanthropistC.   the first-generation entrepreneursD.   spontaneous entrepreneurANS: A 5 …… stage the project gets a gear— shape came into existenceA.   implementing phaseB.   pre investment phaseC.   operation phaseD.   executing phaseANS: A 6. in product selection….. is the first stepA.   design of productB.   quality of productC.   idea formationD.   quantity of product to be producedANS: C 7. according to…. entrepreneurship is a creative activityA.   Joseph SchumpeterB.   Peter DruckerC.   Tom CruzD.   MaslowANS: A 8. ….Is an internal constraint while impel the projectA.   no management skillB.   government policiesC.   technologyD.   social changeANS: A 9. Full form of SFCA.   state financial corporationB.   self-finance coursesC.   subsidy finance centerD.   state foreign collaborationANS: A 10. in a ….. economy the means of production are privately ownedA.   mixed economyB.   socialist economyC.   capitalist economyD.   market economyANS: C 11. promotional expenses include…. expensesA.   legalB.   illegalC.   illicitD.   unauthorizedANS: A 12. women entrepreneurs…. taking riskA.   avoidB.   enjoyC.   appreciateD.   welcomeANS: A 13. …. is not a personal Barrier to entrepreneurship growth.A.   lab ourB.   lack of motivationC.   inability of dreamD.   impatienceANS: A 14…….. theory of development 9f entrepreneurship is based on several economic, social, cultural, political and psychological factorA.   innovation theoryB.   integrated theoryC.   sociological theoryD.   trait theoryANS: B  15. Mr. Dhirubhai started his first textile mill at Narita in Ahmedabad in….A.   970B.   977C.   976D.   960ANS: B 16…….industries was the first private sector company whose annual general meet was held in stadiumsA.   tataB.   relianceC.   BirlaD.   mtnlANS: B  17. full form of PMRYA.   prime minister rozgar yojnaB.   primary monetary regulation yojnaC.   property mortgage yojnaD.   prime minister refujee yojnaANS: A 18. a separate financing agencies like…. were established to promote small scale industriesA.   SIDBIB.   IDBIC.   WTOD.   SAARCANS: A 19. … stability leads to economic stabilityA.   politicalB.   mentalC.   physicalD.   spiritualANS: A 20. the success of enterprise largely depends on what is produces and sells therefore…..Is important.A.   product selectionB.   organisation planC.   market planD.   financial planANS: A 21. the …Also has been set up to provide common facility services.A.   industrial extension centresB.   office centresC.   service centresD.   district centresANS: A 22. entrepreneurs is seen differently by different section of….A.   societyB.   economyC.   countryD.   peopleANS: A 23. export incentive are notified in the …. policyA.   EximB.   monetaryC.   fiscalD.   ruralANS: A 24. In the……the concept of entrepreneurship is related to innovation endeavorsA.   21 centuryB.   20 centuryC.   19 centuryD.   18 centuryANS: A 25……… is the life blood of an enterpriseA.   financeB.   advertisingC.   productionD.   promotionANS: A 26 there is a close relation between entrepreneurs and….A.   innovationB.   growthC.   economyD.   motivationANS: A 27 a family feud often brings….. managerial efficiencyA.   downB.   highC.   awakeningD.   developingANS: A 28 ….. Is the transfer of internal production related task or jobs to the external firm ( such as a sub contractor)A.   leadershipB.   dictatorshipC.   outsourcingD.   counsellingANS: C 29. a …… year holiday is provided to 00% EOUs and units in FTZs/ EPZsA.   fiveB.   tenC.   twoD.   sevenANS: A  30…… are important to remove regional imbalanceA.   subsidiariesB.   constraintC.   disparitiesD.   discrepanciesANS: C  31. the ….. is  a technique to examine the viability and profitability of the projectA.   project appraisalB.   project reportC.   project formulationD.   project identificationANS: A 32.  when the product becomes a leader or one of the top few in industry it is at the ….. stage of the product lifeA.   growthB.   declineC.   introductoryD.   peakANS: D 33. Full form of SSIDOA.   scale industries development organisationB.   social initiative for development organisationC.   small innovation development companyD.   service industry development instituteANS: A 34. government should take a ….. both civil and criminal,  against bogus forged EDP institutionsA.   stern actionB.   no actionC.   relaxed actionD.   information actionANS: A 35 …… is the entrepreneurs who is businessmen who has tested the fruits of business success and now want to give something to the societyA.   the successful entrepreneurB.   the philanthropistC.   the first generation entrepreneursD.   spontaneous entrepreneurANS: A 36 a……. is scheme, design,  proposal of something intended or devisedA.   projectB.   performaC.   productD.   profitANS: A 37. as per new industrial policy declared on  July…… no licence either from the central government  or the state government is required for the establishment for a small scale industrial unit.A.   989B.   990C.   99D.   99ANS: C 38. training is also provided to the artisans through the…….Demonstration workshop operated by the small industries service institute SISs over the country.A.   mobileB.   laptopC.   classroomD.   productANS: C   If You Need Most Importance MCQ PDF  Entrepreneurship Question Bank Than Pay Rs 100 Only  Contact 8652719712 / 8779537141  Telegram Group  Mumbai Univeersity :-   https://t.me/mumbaiuniversityidol Suraj Patel Education :-   https://t.me/surajpateleducation F.Y.J.C EXAM :-   https://t.me/FYJCexam S.Y.J.C EXAM :- https://t.me/SYJCexam F.Y EXAM :-   https://t.me/fyexam S.Y EXAM :-   https://t.me/syexam T.Y EXAM :-   https://t.me/tyexam M.Com Part 1 EXAM :-   https://t.me/McomPart1Exam M.Com Part 2 EXAM :-  https://t.me/McomPart2Exam M.A EXAM :-   https://t.me/mastudentsexam  YouTube Channel  https://www.youtube.com/channel/UCNxVWIrZ1JYB4y-bWXfaBAw  

1. An individual who starts, creates and manages a new business can be called__________. A. A leader B. A manager C. A professional D. An entrepreneur ANSWER: D 2. Trademarks relate to _______. A. Practice and knowledge acquired through experience B. The protection of proprietary information of commercial value C. The right to reproduce ones own original work D. Brand identity ANSWER: D 3. Which could provide an individual with the motivation to start a new business venture? A. The financial rewards. B. A desire to be independent. C. Risk taking D. All the above. ANSWER: D 4. Which of the following factors should not be included in PESTLE analysis? A. Government re-cycling policy. B. Proposed reduction in interest rates. C. Competitor activity. D. Demographic changes. ANSWER: C 5. Which industrial sector promotes small-scale businesses and Entrepreneurship, and has lower barriers to market entry? A. Service. B. Manufacturing. C. Distribution. D. Agriculture. ANSWER: A 6. Why are small businesses important to a country’s economy? A. They give an outlet for entrepreneurs. B. They can provide specialist support to larger companies. C. They can be innovators of new products. D. All the above. ANSWER: D 7. A business arrangement where one party allows another party to use a business name and sell its products or services is known as__________. A. A cooperative. B. A franchise. C. An owner-manager business. D. A limited company. ANSWER: B 8. Which of the following is the reason for business failure __________. A. Lack of market research. B. Poor financial control. C. Poor management. D. All the above. ANSWER: D 9. The use of informal networks by entrepreneurs to gather information is known as _______. A. Secondary research. B. Entrepreneurial networking. C. Informal parameters. D. Marketing ANSWER: B 10. Good sources of information for an entrepreneur about competitors can be obtained from_________. A. Websites. B. Product information leaflets. C. Company reports and published accounts. D. All the above. ANSWER: D 11. A new venture’s business plan is important because ______. A. It helps to persuade others to commit funding to the venture. B. Can help demonstrate the viability of the venture. C. Provides a guide for business activities by defining objectives. D. All the above. ANSWER: D 12. Primary data is________.  A. the most important data.B. the data that is collected first. C. new data specifically collected for a project. D. data that is collected second. ANSWER: C 13. Innovation can best be defined as_______. A. the generation of new ideas. B. the evolution of new ideas. C. the opposite of creativity. D. the successful exploitation of new ideas. ANSWER: D 14. Which of these statements best describes the context for entrepreneurship? A. Entrepreneurship takes place in small businesses. B. Entrepreneurship takes place in large businesses. C. Entrepreneurship takes place in a wide variety of contexts. D. Entrepreneurship does not take place in social enterprises. ANSWER: C 15. Entrepreneurs are motivated by _________. A. money. B. personal values. C. pull influences. D. All the above. ANSWER: D 16. Which of the following are described as one of the Big Five personality traits? A. tolerance of others. B. need for achievement. C. propensity to leadership. D. locus of control. ANSWER: B 17. Which of the following is least likely to influence the timing of new business births? A. Government policies. B. Profitability. C. Consumer expenditure. D. Weather conditions. ANSWER: D 18. Which of the following statements is false? A. Market segmentation is a useful process for small businesses to undertake. B. Selling is essentially a matching process. C. A benefit is the value of a product feature to a customer. D. It is a good idea for small businesses to compete solely on price. ANSWER: D 19. The purpose of all good small business strategy is__________. A. to increase turnover. B. to increase profitability. C. to achieve competitive advantage. D. to achieve stated objectives. ANSWER: D 20. Which of the following is a recognized disadvantage of setting up as a start-up as compared  with other routes to market entry? A. less satisfaction of the owners. B. less help from various agencies. C. there are more funds required. D. there is a high failure rate. ANSWER: D 21. Someone legally appointed to resolve the financial difficulties of an insolvent firm is called____________. A. an administrator. B. a predator. C. an auditor. D. a turnaround consultant. ANSWER: A 22. Goods or services reach the market place through ________. A. marketing channels. B. multilevel pyramids. C. monopolies. D. multiplication. ANSWER: A 23. To provide financial assistance to entrepreneurs the government has set up a number of___________. A. financial advisors. B. financial intermediaries. C. Industrial estates. D. financial institutions. ANSWER: D 24. State Industrial corporations engage in the development of__________. A. industrial estates. B. institutional estates. C. individual investors. D. agricultural entrepreneurs. ANSWER: A 25. ________ is the first development bank of the country. A. ICICI. B. IDBI. C. SFC. D. IFCI. ANSWER: D If You Need Most Importance MCQ PDF  Entrepreneurship Question Bank Than Pay Rs 100 Only  Contact 8652719712 / 8779537141  Telegram Group  Mumbai Univeersity :-   https://t.me/mumbaiuniversityidol Suraj Patel Education :-   https://t.me/surajpateleducation F.Y.J.C EXAM :-   https://t.me/FYJCexam S.Y.J.C EXAM :- https://t.me/SYJCexam F.Y EXAM :-   https://t.me/fyexam S.Y EXAM :-   https://t.me/syexam T.Y EXAM :-   https://t.me/tyexam M.Com Part 1 EXAM :-   https://t.me/McomPart1Exam M.Com Part 2 EXAM :-  https://t.me/McomPart2Exam M.A EXAM :-   https://t.me/mastudentsexam  YouTube Channel  https://www.youtube.com/channel/UCNxVWIrZ1JYB4y-bWXfaBAw