Entrepreneurship Development Questions and Answers in Quiz Form 9 for Practice

121. The term Entrepreneur was derived from French word

1. Enterprocedure
2. Enterprendre
3. Enterpurpose
4. Enterprise

122. The type of diversification in which the company adds complementary to the existingproduct or service line is

1. vertical integration.
2. concentric integration.
3. conglomerate diversification.
4. horizontal integration.

123. The type of diversification in which the company adds up same type of products at the same level of production is

1. vertical integration.
2. concentric integration.
3. conglomerate diversification.
4. horizontal integration.

124. The UK government has implemented a number of policies to encourage Entrepreneurship in schools. One such initiative is

1. Young Business.
2. Young Initiative.
3. Young Enterprise.
4. Youth venture.

125. The use of informal networks by entrepreneurs to gather information is known as

1. Informal parameters.
2. Marketing
3. Secondary research.
4. Entrepreneurial networking.

126. TIIC is sponsored by the.

1. Government of Kerala.
2. Government of Tamil Nadu.
3. Government of Karnataka.
4. Government of Andhra Pradesh.

127. To provide financial assistance to entrepreneurs the government has set up anumber of.

1. Industrial estates.
2. financial institutions.
3. financial advisors.
4. financial intermediaries.

128. Today, many companies are using managerial techniques that are designed to encourage

1. Ethical behaviour
2. shareholders value
3. increasing profits
4. legal compliances

129. Trademarks relate to

1. The right to reproduce ones own original work
2. Brand identity
3. Practice and knowledge acquired through experience
4. The protection of proprietary information of commercial value

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

1. 5% p.a.
2. 5% p.a.
3. 6% p.a.
4. 6% p.m.

131. Under-capitalization arises due to

1. actual capitalization is higher than the proper capitalization.
2. actual capitalization is lower than the proper capitalization.
3. excess of assets over the liabilities.
4. excess of liabilities over the assets.

132. Underestimation of project cost leads to

1. Time over run.
2. Cost over run
3. Time under run.
4. Cost under run

133. What are 6 Cs that motivate entrepreneur to establish their own business are

1. Contact, connect, conversation, consideration, consumption and community.
2. Commitment, culture, continuous, cooperation, customer and control
3. Change, challenge, creativity, control, curiosity and cash
4. Customer, challenge, creation, control, curiosity and cash

134. what are the components of then project report

1. manpower
2. all the above
3. requirement of funds
4. location

135. What is the role of a Business Angel?

1. To set up a franchise business.
2. To assist an entrepreneur to open a lifestyle business.
3. To provide small business advice.
4. To provide capital for business development in exchange for a stake in theBusiness ownership.