This quiz works best with JavaScript enabled. Home > Business > Entrepreneurship Development – Quiz 16 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Entrepreneurship Development Quiz 16 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. An entrepreneur who owns more than one business at a time is called ..... A) An intrapreneur. B) A corporate entrepreneur. C) A portfolio entrepreneur. D) None of the above. Show Answer Correct Answer: C) A portfolio entrepreneur. 2. Swot Analysis is a ..... tool A) Conceptual. B) Modern. C) Scientific. D) Traditional. Show Answer Correct Answer: A) Conceptual. 3. Find the odd one. A) Determination of objective. B) Good relations. C) Organising funds. D) Gap filling function. Show Answer Correct Answer: D) Gap filling function. 4. Name of the project Ryan is currently working on is: A) Project A. B) Project R. C) Project3R. D) Project Cycle. Show Answer Correct Answer: C) Project3R. 5. Entrepreneurs are born not made is the thing of ..... school A) Traditional. B) Modern. C) Both. D) None of them. Show Answer Correct Answer: A) Traditional. 6. Good sources of information for an entrepreneur about competitors can be Obtained from ..... A) Websites. B) Product information leaflets. C) Company reports and published accounts. D) All of these. Show Answer Correct Answer: D) All of these. 7. Who said " Scale is important for a startup. Think big, but take one day at a time." A) Kunal Bahl. B) Anand Mahindra. C) Ritesh Agarwal. D) Ratan Tata. Show Answer Correct Answer: A) Kunal Bahl. 8. Before bringing any new product/service to market an entrepreneur should consider the following aspects about a market - A) 1.Do not think much about long-run opportunities in the market. B) 2. Work without paying attention to target markets. C) 3. Identify segmentation variables and segment the market. D) 4.Never consider profiles of customer segments in response to any new product or service. Show Answer Correct Answer: C) 3. Identify segmentation variables and segment the market. 9. Which of the following types of entrepreneurship is developed to create solutions to problems in the market? A) Small business entrepreneurship. B) Scalable startup business. C) Large company entrepreneurship. D) Social entrepreneurship. Show Answer Correct Answer: D) Social entrepreneurship. 10. Which type of entrepreneurial businesses are the most profit driven? A) Small business entrepreneurship. B) Scalable startup business. C) Large company entrepreneurship. D) Social entrepreneurship. Show Answer Correct Answer: C) Large company entrepreneurship. 11. EDP (Entrepreneurship Development Programmes) is required to help: A) Existing entrepreneurs. B) First generation entrepreneurs. C) Future generations entrepreneurs. D) None of the above. Show Answer Correct Answer: B) First generation entrepreneurs. 12. What is the key performance index for sales? (C1) A) Income. B) Profit. C) Minimizing cost. D) Maximizing sales. Show Answer Correct Answer: B) Profit. 13. A business owned by two people or more people. A) Franchise. B) Sole Proprietorship. C) Partnership. D) None of above. Show Answer Correct Answer: C) Partnership. 14. EDP was first introduced in ..... in 1970. A) Andhra Pradesh. B) Karnataka. C) Gujarat. D) None of above. Show Answer Correct Answer: C) Gujarat. 15. Ryan Hickman started a business where he A) Collected reused bottles to recycle. B) Collected newspapers to recycle. C) Collected old clothes to recycle. D) Collected old cycles to recycle. Show Answer Correct Answer: A) Collected reused bottles to recycle. 16. ..... is primarily concerned with the identification, qualification and evaluation of the project resources A) Techno-economic analysis. B) Feasibility analysis. C) Input analysis. D) Financial analysis. Show Answer Correct Answer: B) Feasibility analysis. 17. Which one of the following is the first step in the entrepreneurial process? A) Developing successful business ideas. B) Deciding to become an entrepreneur. C) Growing the entrepreneurial firm. D) Moving from an idea to an entrepreneurial firm. Show Answer Correct Answer: A) Developing successful business ideas. 18. The moratorium period for repayment of loan under Stand up scheme is A) 10 months. B) 8 months. C) 18 months. D) 16 months. Show Answer Correct Answer: C) 18 months. 19. A business's chain of command can be found in its A) Technical need section. B) Market analysis. C) Project description. D) Organizational chart. Show Answer Correct Answer: D) Organizational chart. 20. The most significant feature of entrepreneurship is ..... A) Creative activity. B) Gap filling function. C) Economic activity. D) Innovation. Show Answer Correct Answer: B) Gap filling function. ← PreviousNext →Related QuizzesEntrepreneurship Development Quiz 1Entrepreneurship Development Quiz 2Entrepreneurship Development Quiz 3Entrepreneurship Development Quiz 4Entrepreneurship Development Quiz 5Entrepreneurship Development Quiz 6Entrepreneurship Development Quiz 7Entrepreneurship Development Quiz 8Entrepreneurship Development Quiz 9Entrepreneurship Development Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books