Entrepreneurship MCQ Questions and Answers Quiz

11. EDP (Entrepreneurship Development Programmes) is required to help:

  1. Existing entrepreneurs
  2. First generation entrepreneurs
  3. Future generations entrepreneurs
  4. None of the above

12. 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

13. GATT is established in 1947, under:

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

14. 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

15. 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

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

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

17. 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

18. SBA stands for:

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

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

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

20. The entrepreneur was distinguished from capital provider in:

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

MCQ Multiple Choice Questions and Answers on Entrepreneurship

Entrepreneurship Trivia Questions and Answers PDF

Entrepreneurship Question and Answer

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