Entrepreneurship Development Objective Question and Answer
Entrepreneurship Development MCQ Multiple Choice Questions - Page 5 for Practice
121. The term Entrepreneur was derived from French word
Correct Answer is: Enterprendre
122. The type of diversification in which the company adds complementary to the existingproduct or service line is
Correct Answer is: vertical integration.
123. The type of diversification in which the company adds up same type of products at the same level of production is
Correct Answer is: horizontal integration.
124. The UK government has implemented a number of policies to encourage Entrepreneurship in schools. One such initiative is
Correct Answer is: Young Enterprise.
125. The use of informal networks by entrepreneurs to gather information is known as
Correct Answer is: Entrepreneurial networking.
126. TIIC is sponsored by the.
Correct Answer is: Government of Tamil Nadu.
127. To provide financial assistance to entrepreneurs the government has set up anumber of.
Correct Answer is: financial institutions.
128. Today, many companies are using managerial techniques that are designed to encourage
Correct Answer is: Ethical behaviour
129. Trademarks relate to
Correct Answer is: Brand identity
130. Under section 80J of the income tax act, 1961, small-scale industries are exempted from the payment of income tax on their profits at
Correct Answer is: 6% p.a.
131. Under-capitalization arises due to
Correct Answer is: actual capitalization is lower than the proper capitalization.
132. Underestimation of project cost leads to
Correct Answer is: Cost over run
133. What are 6 Cs that motivate entrepreneur to establish their own business are
Correct Answer is: Change, challenge, creativity, control, curiosity and cash
134. what are the components of then project report
Correct Answer is: all the above
135. What is the role of a Business Angel?
Correct Answer is: To provide capital for business development in exchange for a stake in theBusiness ownership.
136. When a firm enters into business which is unrelated to its existing business both in terms of technology and marketingconglomerate diversification.
Correct Answer is: horizontal integration.
137. When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as
Correct Answer is: concentric integration.
138. Which could provide an individual with the motivation to start a new business venture?
Correct Answer is: All the above.
139. Which industrial sector promotes small-scale business & entrepreneurship and has low barriers to market entry?
Correct Answer is: Service
140. Which industrial sector promotes small-scale businesses andEntrepreneurship, and has lower barriers to market entry?
Correct Answer is: Service.
141. which is included in the project cost, is estimated on the basis of the year when the enterprise breaks even.
Correct Answer is: working capital
142. Which of the following are described as one of the Big Five personality traits?
Correct Answer is: need for achievement.
143. Which of the following factors does the macro-environment not include?
Correct Answer is: customer needs in a given market.
144. Which of the following factors should not be included in PESTLE analysis?
Correct Answer is: Competitor activity.
145. Which of the following is a characteristic typical of ?Most entrepreneurs
Correct Answer is: Choose moderate (or calculated) risk ventures.
146. Which of the following is a function of SIDBI?
Correct Answer is: All of the above.
147. Which of the following is a recognized disadvantage of setting up as a start-up as compared with other routes to market entry?
Correct Answer is: there is a high failure rate.
148. Which of the following is least likely to influence the timing of new business births?
Correct Answer is: Weather conditions.
149. Which of the following is not an aspect of appraisal of term loans by commercial banks?
Correct Answer is: Societal feasibility.
150. Which of the following is not considered as one of the following blocks of the model entrepreneur?
