Entrepreneurship MCQ Questions and Answers Quiz

11. Having more than 50% ownership position that provides the entrepreneur with managerialcontrol is called:

  1. Joint venture
  2. Majority interest
  3. Horizontal merger
  4. Diversified activity merger

12. Individuals influencing an entrepreneur’s career choice and style are known as which of thefollowing?

  1. Moral-support network
  2. Role model
  3. Professional support network
  4. Support system

13. Information regarding all of the following is related to operations, EXCEPT:

  1. Location
  2. Promotion
  3. Raw materials
  4. Labor skills

14. Members of distribution channels are excellent sources for new ideas because:

  1. They earn a handsome profit from new business
  2. They are familiar with the needs of the market
  3. They do not bother if entrepreneur bears a loss
  4. They have well-developed sales force

15. SBA stands for:

  1. Small business accountants
  2. Small business administration
  3. Small business adequacy
  4. Small business advisors

16. The activity which occurs when the new venture is started is called:

  1. Motivation
  2. Business skills
  3. Departure point
  4. Goal orientation

17. The entrepreneur was distinguished from capital provider in:

  1. Middle ages
  2. 17th century
  3. 18th century
  4. 19th and 20th century

18. The level at which an individual is viewed by society is called:

  1. Financial status
  2. Qualification
  3. Social status
  4. Achievement

19. Venture capital is concerned with:

  1. New project having potential for higher profit
  2. New project of high technology
  3. New project having high risk
  4. All the above.

20. What is the process by which individuals pursue opportunities without regard to resourcesthey currently control?

  1. Startup management
  2. Entrepreneurship
  3. Financial analysis
  4. Feasibility planning
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MCQ Multiple Choice Questions and Answers on Entrepreneurship

Entrepreneurship Question and Answer