This quiz works best with JavaScript enabled. Home > Business > Entrepreneurship > Entrepreneurship Development – Quiz 13 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Entrepreneurship Development Quiz 13 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which type of entrepreneurial businesses are the least likely to be motivated by profit? A) Small business entrepreneurship. B) Scalable startup business. C) Large company entrepreneurship. D) Social Entrepreneurship. Show Answer Correct Answer: D) Social Entrepreneurship. 2. EXIM bank is a ..... A) State-level institution. B) . Regional -level institution. C) . All India institution. D) International institution. Show Answer Correct Answer: C) . All India institution. 3. ..... is an event-oriented approach . A) CPM. B) GERT. C) PERT. D) WASP. Show Answer Correct Answer: C) PERT. 4. Select the odd one out. A) Pure entrepreneur. B) Business entrepreneur. C) Induced entrepreneur. D) Spontaneous entrepreneur. Show Answer Correct Answer: B) Business entrepreneur. 5. A women entrepreneur is supposed to have a minimum financial interest in share capital of entrepreneur's enterprise: A) 35 per cent. B) 51 per cent. C) 25 per cent. D) None of the above. Show Answer Correct Answer: C) 25 per cent. 6. The oldest form of business organization is ..... A) . Partnership. B) Sole proprietorship. C) Joint stock company. D) Co-operative undertaking. Show Answer Correct Answer: B) Sole proprietorship. 7. Full time job which requires dedication and hard work. A) Entrepreneur. B) Enterprise. C) Entrepreneurship. D) None of above. Show Answer Correct Answer: C) Entrepreneurship. 8. Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as ..... A) Organizational decisions. B) Personal decisions. C) Routine decisions. D) Strategic decisions. Show Answer Correct Answer: C) Routine decisions. 9. State Industrial corporations engage in the development of ..... A) Industrial estates. B) Institutional estates. C) Individual investors. D) Agricultural entrepreneurs. Show Answer Correct Answer: A) Industrial estates. 10. Entrepreneurial development is the key to achieve all-round ..... through acceleration of industrial and entrepreneurial activities. A) Economic development. B) Increase in profits. C) Shareholders value. D) Business development. Show Answer Correct Answer: A) Economic development. 11. Which of the following are challenges of entrepreneurship? A) Requires a substantial amount of knowledge or skills to manage. B) Difficulties associated with managing employees. C) Inconsistent cash flow. D) All of the above are challenges. Show Answer Correct Answer: D) All of the above are challenges. 12. Which is not a characteristics of an entrepreneur. A) Hard work. B) Highly optimistic. C) Future vision. D) Self starter. Show Answer Correct Answer: D) Self starter. 13. A person who is associated with starting a business is know as A) Merchant. B) Entrepreneur. C) Salesman. D) Businessman. Show Answer Correct Answer: B) Entrepreneur. 14. ..... is a problem -solving technique designed to produce numerous ideas in a short period A) Synectics. B) Delphi technique. C) Brain storming. D) Nominal group technique. Show Answer Correct Answer: C) Brain storming. 15. The process by which top management determines the long-term direction of the organization by ensuring that careful formulation, implementation and continuous evaluation of strategy take place is known as A) Strategic Decision Making. B) Strategic Management. C) Strategic Planning. D) None of the Above. Show Answer Correct Answer: B) Strategic Management. 16. In ....., machines and equipments are arranged in the order or sequence in which they are to be used for manufacturing the product A) Factory Layout. B) Product Layout. C) Process Layout. D) Combined Layout. Show Answer Correct Answer: B) Product Layout. 17. Which phase includes Preparation of training syllabus A) Pre-training phase. B) Training phase. C) Post training phase. D) None of these. Show Answer Correct Answer: A) Pre-training phase. 18. Having less than 50 percent of equity share in an international venture is called: A) Joint Venture. B) Majority interest. C) Minority interest. D) Exporting. Show Answer Correct Answer: C) Minority interest. 19. How a company will make customers aware of its products/services A) Marketing Plan. B) Industry Overview. C) Product and Service Plan. D) Growth Plan. Show Answer Correct Answer: A) Marketing Plan. 20. Which is NOT a common characteristic of an entrepreneur? A) Risk-taker. B) Creative. C) Organized. D) Irresponsible. Show Answer Correct Answer: D) Irresponsible. ← PreviousNext →Related QuizzesBusiness 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 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books