Entrepreneurship MCQ Questions and Answers Quiz

11. Family business always interested to handover the change of his business to:

  1. Indian Administration Officers
  2. Professional Managers
  3. Next generation
  4. None of the above

12. GATT is established in 1947, under:

  1. German leadership
  2. U.S. leadership
  3. French leadership
  4. U.K. leadership

13. 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

14. 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

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

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

16. 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

17. SBA stands for:

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

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

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

19. The entrepreneur was distinguished from capital provider in:

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

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

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

MCQ Multiple Choice Questions and Answers on Entrepreneurship

Entrepreneurship Trivia Questions and Answers PDF

Entrepreneurship Question and Answer

Spreading Knowledge Across the World

USA - United States of America  Canada  United Kingdom  Australia  New Zealand  South America  Brazil  Portugal  Netherland  South Africa  Ethiopia  Zambia  Singapore  Malaysia  India  China  UAE - Saudi Arabia  Qatar  Oman  Kuwait  Bahrain  Dubai  Israil  England  Scotland  Norway  Ireland  Denmark  France  Spain  Poland  and many more....