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Entrepreneurship, M.COM PART 2, Question Bank

Entrepreneurship Management M.com Part 2 MCQ Pdf

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  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 activities A.   limited B.   enormous C.   zero D.   scattered ANS: B   2. under…. scheme, duties collected earlier are paid back to exporter after shipment of goods. A.   duty drawback B.   sales tax C.   GST D.   EPCG ANS: A   3……. is very prominent problem in and often leads the units to ruins A.   lack of management B.   good management C.   excellent management D.   Outstanding management ANS: A   4. the entrepreneurs who has overcome all his teething troubles of his business venture and is master of his venture is….. entrepreneur A.   the successful entrepreneur B.   the philanthropist C.   the first-generation entrepreneurs D.   spontaneous entrepreneur ANS: A   5 …… stage the project gets a gear— shape came into existence A.   implementing phase B.   pre investment phase C.   operation phase D.   executing phase ANS: A   6. in product selection….. is the first step A.   design of product B.   quality of product C.   idea formation D.   quantity of product to be produced ANS: C   7. according to…. entrepreneurship is a creative activity A.   Joseph Schumpeter B.   Peter Drucker C.   Tom Cruz D.   Maslow ANS: A   8. ….Is an internal constraint while impel the project A.   no management skill B.   government policies C.   technology D.   social change ANS: A   9. Full form of SFC A.   state financial corporation B.   self-finance courses C.   subsidy finance center D.   state foreign collaboration ANS: A   10. in a ….. economy the means of production are privately owned A.   mixed economy B.   socialist economy C.   capitalist economy D.   market economy ANS: C   11. promotional expenses include…. expenses A.   legal B.   illegal C.   illicit D.   unauthorized ANS: A   12. women entrepreneurs…. taking risk A.   avoid B.   enjoy C.   appreciate D.   welcome ANS: A   13. …. is not a personal Barrier to entrepreneurship growth. A.   lab our B.   lack of motivation C.   inability of dream D.   impatience ANS: A   14…….. theory of development 9f entrepreneurship is based on several economic, social, cultural, political and psychological factor A.   innovation theory B.   integrated theory C.   sociological theory D.   trait theory ANS: B    15. Mr. Dhirubhai started his first textile mill at Narita in Ahmedabad in…. A.   970 B.   977 C.   976 D.   960 ANS: B   16…….industries was the first private sector company whose annual general meet was held in stadiums A.   tata B.   reliance C.   Birla D.   mtnl ANS: B    17. full form of PMRY A.   prime minister rozgar yojna B.   primary monetary regulation yojna C.   property mortgage yojna D.   prime minister refujee yojna ANS: A   18. a separate financing agencies like…. were established to promote small scale industries A.   SIDBI B.   IDBI C.   WTO D.   SAARC ANS: A   19. … stability leads to economic stability A.   political B.   mental C.   physical D.   spiritual ANS: A   20. the success of enterprise largely depends on what is produces and sells therefore…..Is important. A.   product selection B.   organisation plan C.   market plan D.   financial plan ANS: A   21. the …Also has been set up to provide common facility services. A.   industrial extension centres B.   office centres C.   service centres D.   district centres ANS: A   22. entrepreneurs is seen differently by different section of…. A.   society B.   economy C.   country D.   people ANS: A   23. export incentive are notified in the …. policy A.   Exim B.   monetary C.   fiscal D.   rural ANS: A   24. In the……the concept of entrepreneurship is related to innovation endeavors A.   21 century B.   20 century C.   19 century D.   18 century ANS: A   25……… is the life blood of an enterprise A.   finance B.   advertising C.   production D.   promotion ANS: A   26 there is a close relation between entrepreneurs and…. A.   innovation B.   growth C.   economy D.   motivation ANS: A   27 a family feud often brings….. managerial efficiency A.   down B.   high C.   awakening D.   developing ANS: A   28 ….. Is the transfer of internal production related task or jobs to the external firm ( such as a sub contractor) A.   leadership B.   dictatorship C.   outsourcing D.   counselling ANS: C   29. a …… year holiday is provided to 00% EOUs and units in FTZs/ EPZs A.   five B.   ten C.   two D.   seven ANS: A    30…… are important to remove regional imbalance A.   subsidiaries B.   constraint C.   disparities D.   discrepancies ANS: C    31. the ….. is  a technique to examine the viability and profitability of the project A.   project appraisal B.   project report C.   project formulation D.   project identification ANS: A   32.  when the product becomes a leader or one of the top few in industry it is at the ….. stage of the product life A.   growth B.   decline C.   introductory D.   peak ANS: D   33. Full form of SSIDO A.   scale industries development organisation B.   social initiative for development organisation C.   small innovation development company D.   service industry development institute ANS: A   34. government should take a ….. both civil and criminal,  against bogus forged EDP institutions A.   stern action B.   no action C.   relaxed action D.   information action ANS: A   35 …… is the entrepreneurs who is businessmen who has tested the fruits of business success and now want to give something to the society A.   the successful entrepreneur B.   the philanthropist C.   the first generation entrepreneurs D.   spontaneous entrepreneur ANS: A   36 a……. is scheme, design,  proposal of something intended or devised A.   project B.   performa C.   product D.   profit ANS: 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.   989 B.   990 C.   99 D.   99 ANS: C   38. training is also provided to

Entrepreneurship, M.COM PART 2, Question Bank

M.com Part 2 Entrepreneurship Development Program MCQ PDF

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  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  

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