This quiz works best with JavaScript enabled. Home > Agriculture > Business > Entrepreneurship > Entrepreneurship Development – Quiz 13 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Entrepreneurship Development Quiz 13 (13 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Information can be classified into:- A) Strategic Information. B) Tactical Information. C) Operational Information. D) All of the Above. Show Answer Correct Answer: D) All of the Above. 2. Which of the following is not an element of networking? A) Building relationship. B) Negotiation. C) Mutual agreement. D) Communication. Show Answer Correct Answer: C) Mutual agreement. 3. Why is becoming an Entrepreneur exciting? A) 1.Freedom to work and pursue an opportunity or purpose the entrepreneur believes in. B) 2. Satisfaction of being own boss. C) 3. Power to do things as he likes. D) 4. Frustration due to availability of limited capital and other resources. Show Answer Correct Answer: A) 1.Freedom to work and pursue an opportunity or purpose the entrepreneur believes in. 4. A public corporation means ..... A) Government company. B) Statutory corporation. C) Department of union government. D) Public company. Show Answer Correct Answer: B) Statutory corporation. 5. The pioneer state to develop and promote agro tourism in a country A) Gujarat. B) Madhya Pradesh. C) Maharashtra. D) Punjab. Show Answer Correct Answer: C) Maharashtra. 6. Which of the following are the characteristics of a Businessman? A) People oriented. B) Leader. C) Profit Oriented. D) Risk Taker. Show Answer Correct Answer: C) Profit Oriented. 7. Entrepreneurs are motivated by ..... A) Money. B) Personal values. C) Pull influences. D) All of these. Show Answer Correct Answer: D) All of these. 8. One of the disadvantages of a franchise business for a franchisee is ..... A) Lack of independence. B) Franchise businesses typically have a high failure rate. C) Lack of brand identity. D) Training is not normally provided by the franchisor. Show Answer Correct Answer: A) Lack of independence. 9. As a new company grows, the entrepreneur will need to ..... A) Be responsive to changes in the market. B) Ensure financial controls are maintained. C) Build a management team. D) All the above. Show Answer Correct Answer: D) All the above. 10. Which one of the following describes unemployment? A) The number of people who voluntarily choose not to work. B) The number of people who are jobless and are actively seeking work. C) The number of people who are not actively seeking work. D) The number of people actively seeking work who find work. Show Answer Correct Answer: B) The number of people who are jobless and are actively seeking work. 11. Integration of project management with the organization takes place with the ..... A) Master budjet. B) Strategic plan. C) Process of managing actual projects. D) Both b and c. Show Answer Correct Answer: D) Both b and c. 12. Which of the following is alternatively called corporate venturing? A) Intrapreneurship. B) Act of stating a new venture. C) Offering new products by an existing company. D) Entrepreneurship. Show Answer Correct Answer: A) Intrapreneurship. 13. Which of the following is not one of the 4 Ms? A) Strategic decisions. B) Routine decisions. C) Organizational decisions. D) Personal decisions. Show Answer Correct Answer: B) Routine decisions. ← PreviousRelated QuizzesBusiness QuizzesAgriculture QuizzesEntrepreneurship Development Quiz 1Entrepreneurship Development Quiz 2Entrepreneurship Development Quiz 3Entrepreneurship Development Quiz 4Entrepreneurship Development Quiz 5Entrepreneurship Development Quiz 6Entrepreneurship Development Quiz 7Entrepreneurship Development Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books