Entrepreneurship Development Questions and Answers | Online Quiz for Practice

46. Idea of new product is tested in potential consumers to determine consumer acceptance at stage.

1. Concept.
2. Product development.
3. Test marketing.
4. Commercialization.

47. IFCI has been converted into a

1. joint stock company.
2. co-operative society.
3. partnership firm.
4. sole proprietorship.

48. IFCI stands for.

1. Industrial finance corporation of India.
2. Institutional finance corporation of India.
3. Industrial funding corporation of India.
4. Indian finance corporation and institution.

49. implies the availability or otherwise of plant and machinery and technical know how to produce the product.

1. Economic viability.
2. Financial feasibility.
3. Technical feasibility.
4. Managerial competence

50. Importance of Entrepreneurship includes

1. Economic & dynamic activity
2. Innovation & Profit potential
3. Risk bearing
4. All of these

51. In , machines and equipments are arranged in the order or sequence in which they are to be used for manufacturing the product

1. Factory Layout.
2. Product Layout.
3. Process Layout.
4. Combined Layout.

52. In backward areas, term loans for expansion or setting up a new unit are available at

1. concessional terms.
2. differential terms.
3. standard terms.
4. specific terms.

53. Industries producing complete articles for direct consumption & also processing industriesis called as.

1. Manufacturing industries.
2. Feeder Industries.
3. Service Industries.
4. Mining or Quarrying.

54. Innovation can best be defined as

1. the generation of new ideas.
2. the evolution of new ideas.
3. the opposite of creativity.
4. the successful exploitation of new ideas.

55. Institutional agencies grant financial assistance to small scale industries for

1. participation in equity capital only.
2. acquisition of fixed assets.
3. working capital assistance.
4. all of the above.

56. Integration of project management with the organization takes place with the

1. master budjet
2. strategic plan
3. Process of managing actual projects
4. both b and c

57. Investment in which of the following is most risky?

1. Equity shares.
2. Preference shares.
3. Debentures.
4. Land.

58. is a form of financing especially for funding high technology, high risk and perceived high reward projects

1. Fixed capital.
2. Current capital.
3. Seed capital.
4. Venture capital.

59. is a graphical representation of the various activity and event relating to aproject.

1. Network analysis.
2. Scheduling technique.
3. Logical Model.
4. Network Diagram

60. is a problem -solving technique designed to produce numerous ideasin a short period

1. Synectics.
2. Delphi technique.
3. Brain storming.
4. Nominal group technique.