Entrepreneurship Multiple Choice Questions and Answers

1. Having less than 50 percent of equity share in an international venture is called:

1. Joint Venture
2. Joint Venture
3. Joint Venture
4. Majority interest
5. Majority interest
6. Majority interest
7. Minority interest
8. Minority interest
9. Minority interest
10. Exporting
11. Exporting
12. Exporting

2. Having less than 50 percent of equity share in an international venture is called:

1. Joint Venture
2. Joint Venture
3. Joint Venture
4. Majority interest
5. Majority interest
6. Majority interest
7. Minority interest
8. Minority interest
9. Minority interest
10. Exporting
11. Exporting
12. Exporting

3. Having less than 50 percent of equity share in an international venture is called:

1. Joint Venture
2. Joint Venture
3. Joint Venture
4. Majority interest
5. Majority interest
6. Majority interest
7. Minority interest
8. Minority interest
9. Minority interest
10. Exporting
11. Exporting
12. Exporting

4. Which one of the following is the process of entrepreneurs developing new products thatover time make current products obsolete?

1. New business model
2. Anatomization
3. None of the given options
4. Creative destruction

5. A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be regarded as?

1. Ecopreneur
2. Technopreneur
3. Intrapreneur
4. Social Entrepreneur

6. A corporate manager who starts a new initiative for their company which entails setting up anew distinct business unit and board of directors can be regarded as?

1. Ecopreneur
2. Technopreneur
3. Intrapreneur
4. Social Entrepreneur

7. A Micro Enterprise is an enterprise where investment in plant and machinery does not exceed (According to MSMED Act, 2006):

1. Rs. 15 Lakh
2. Rs. 20 Lakh
3. Rs. 25 Lakh
4. Rs. 30 Lakh

8. A performance and credit rating scheme has been launched by the MSME Ministry to assess creditworthiness and capabilities of industries in the sector. What is it called?

1. Performance and Credit Rating Scheme
2. Zero Defect Zero Effect Certification
3. Performance and Economy Rating Scheme
4. None of the above

9. A person who managed large project was termed as the entrepreneur in the _________.

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

10. A women entrepreneur is supposed to have a minimum financial interest in share capital of entrepreneur’s enterprise:

1. 35 per cent
2. 51 per cent
3. 25 per cent
4. None of the above