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360+ Entrepreneurship Development (ED) Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Banking and Insurance (BBI) , Bachelor of Commerce (B Com) , Bachelor Multimedia Communication (BMMC) , Bachelor of Arts in Multimedia (BA Multimedia) .

151.

In …………………………….. Similar machines are placed in one place according to operations they perform:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» A. process layout.
152.

In …………………… Men and equipment are moved to the material which remains in one place:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» C. stationary layout.
153.

…………………………….. Is possible where in item is made in different types and sizes:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» B. combined layout.
154.

In ……………………… machines dedicated to sequences of production are grouped into cells:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» D. cellular layout.
155.

Line layout is also called ………………………….

A. process layout.
B. combined layout.
C. stationary layout.
D. product layout
Answer» D. product layout
156.

In …………………………. Machines are arranged in sequence in which they are used:

A. process layout.
B. combined layout.
C. stationary layout.
D. product layout
Answer» D. product layout
157.

There is a continuous flow of materials in process towards the finished product stage in…………

A. process layout.
B. combined layout.
C. stationary layout.
D. product layout
Answer» D. product layout
158.

…………………. Is the best suited in mass production:

A. process layout.
B. combined layout.
C. stationary layout.
D. product layout
Answer» D. product layout
159.

…………………….. Is an innovative layout:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» D. cellular layout.
160.

……………….. Is referred to as group layout:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» A. process layout.
161.

………………….. Is called fixed position layout:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» C. stationary layout.
162.

………………………. Is also called functional layout:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» A. process layout.
163.

………………….is a post investment decision report.

A. feasibility report
B. interim report
C. project report
D. progress report
Answer» C. project report
164.

……………………..provides clues to pertinent questions like “what, why, how, when and where of the project.

A. feasibility report
B. interim report
C. project report
D. progress report
Answer» C. project report
165.

An in-depth study is not required in ……………………….

A. feasibility report
B. interim report
C. project report
D. progress report
Answer» A. feasibility report
166.

…………………..is the master report

A. feasibility report
B. interim report
C. project report
D. progress report
Answer» C. project report
167.

………………………..is the final report

A. feasibility report
B. interim report
C. project report
D. progress report
Answer» C. project report
168.

Which of the following is not included in utilities.

A. raw materials
B. water
C. power
D. effluent disposal
Answer» A. raw materials
169.

Which of the these are not industries promotional institution

A. kfc
B. ksidc
C. ksetdc
D. ktc
Answer» D. ktc
170.

Ability to make clear decisions on the merits of a case is called…………….skill.

A. communication
B. decision-making
C. project development
D. management
Answer» B. decision-making
171.

…….skill helps an entrepreneur to establish an enterprise.

A. communication
B. decision-making
C. project development
D. management
Answer» C. project development
172.

……………skill relates to accounting and financing control, marketing, production planning and inventory control and to manage people who work in the enterprise.

A. communication
B. decision-making
C. project development
D. management
Answer» D. management
173.

……………… skills are necessary for an entrepreneur to deal with many people.

A. communication
B. decision-making
C. project development
D. management
Answer» A. communication
174.

Incubators organised by the government are called………………

A. government sponsored
B. non-profit organizations sponsored
C. university sponsored
D. privately sponsored
Answer» A. government sponsored
175.

……..are incubators sponsored and managed through associations, chambers of commerce etc

A. government sponsored
B. non-profit organizations sponsored
C. university sponsored
D. privately sponsored
Answer» B. non-profit organizations sponsored
176.

……… incubators transit the findings of research and development into new products and technologies.

A. government sponsored
B. non-profit organizations sponsored
C. university sponsored
D. privately sponsored
Answer» C. university sponsored
177.

…………incubators are organised and managed by private firms or companies or corporations

A. government sponsored
B. non-profit organizations sponsored
C. university sponsored
D. privately sponsored
Answer» D. privately sponsored
178.

………………incubators create employment.

A. general purpose
B. technology
C. specialist
D. none
Answer» A. general purpose
179.

…………….incubators seek to commercialize new product or service

A. general purpose
B. technology
C. specialist
D. none
Answer» B. technology
180.

……………..incubators focus on specific industry areas like art and craft.

A. general purpose
B. technology
C. specialist
D. none
Answer» C. specialist
181.

which of these is not a criteria for choosing right incubator.

A. success rates
B. quality
C. site
D. space
Answer» C. site
182.

…………..is made up of a core group of highly specialized firms the same industry.

A. ed clubs
B. business clubs
C. chamber of commerce
D. business clusters
Answer» D. business clusters
183.

Which of these is a problem of MSMEs

A. bogus units
B. inadequate finance
C. lack of managerial experience
D. all of these
Answer» D. all of these
184.

The slogan “innovate or evaporate” was given by………..

A. robert owen
B. joseph schumpeter
C. richard cantillon
D. philip kotler
Answer» D. philip kotler
185.

The first and foremost industrial estate was established at…………………

A. rajkot
B. ahmadabad
C. patna
D. gurgaon
Answer» A. rajkot
186.

The first and foremost industrial estate was established in the year…………………

A. 1960
B. 1962
C. 1955
D. 1950
Answer» C. 1955
187.

……………… means organising, housing and servicing industry, a planned clustering of industrial enterprises offering standard factory buildings erected in advance of demand and a variety of services and facilities to the occupants.

A. industry
B. industrial estate
C. company
D. none of these
Answer» B. industrial estate
188.

………..is the advance given to cover the finance requirement during the time lag between sanctioning and disbursement of term loan by financial institutions.

A. incentive
B. bridge capital
C. subsidy
D. venture capital
Answer» B. bridge capital
189.

………………. Is the work of entrepreneurs.

A. invention
B. innovation
C. both
D. none
Answer» B. innovation
190.

…………………….. is the work of scientists.

A. invention
B. innovation
C. both
D. none
Answer» A. invention
191.

Which of these is not a environmental barrier to entrepreneurship

A. lack of skilled labour
B. custom of people
C. lack of fund
D. lack of infrastructure
Answer» B. custom of people
192.

Which of these is a social barrier to entrepreneurship

A. low status
B. custom of people
C. both
D. none
Answer» C. both
193.

……………..is a combination of knowledge, skills and appropriate motives that an individual must possess to perform a given task.

A. persistence
B. initiative
C. competency
D. creativity.
Answer» C. competency
194.

The capacity to take repeated and different actions to overcome obstacles is called……………..

A. persistence
B. initiative
C. competency
D. creativity.
Answer» A. persistence
195.

An inner urge in an individual to do something is called……………

A. persistence
B. initiative
C. competency
D. creativity.
Answer» B. initiative
196.

…………….is the ability of an entrepreneur to successfully convince others.

A. persistence
B. initiative
C. competency
D. persuasion.
Answer» D. persuasion.
197.

Projects for industrial development is an…………….project.

A. quantifiable
B. non-quantifiable
C. sectoral
D. crash
Answer» A. quantifiable
198.

Additional capital cost are incurred in …………projects to save time.

A. quantifiable
B. non-quantifiable
C. sectoral
D. crash
Answer» D. crash
199.

Large scale projects are an example of …………….project

A. quantifiable
B. magnitude oriented
C. sectoral
D. crash
Answer» B. magnitude oriented
200.

……………analysis helps in studying the impact of crucial variables like raw materials, sales volume, sales price, degree of capacity utilization etc over the economic viability of an enterprise.

A. break-even
B. sensitivity
C. risk
D. ratio
Answer» B. sensitivity

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