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) .

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251.	6 166) ………………………. Is also called functional layout:
A.	Process layout.
B.	Combined layout.
C.	Stationary layout.
D.	Cellular layout.
Answer» D. Cellular layout.

252.	7 178) Incubators organised by the government are called………………
A.	government sponsored
B.	non-profit organizations sponsored
C.	university sponsored
D.	privately sponsored
Answer» C. university sponsored

253.	…….skill helps an entrepreneur to establish an enterprise.
A.	communication
B.	decision-making
C.	project development
D.	management
Answer» C. project development

254.	which of these is not a criteria for choosing right incubator.
A.	success rates
B.	quality
C.	site
D.	space
Answer» C. site

255.	…………..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

256.	The slogan “innovate or evaporate” was given by………..
A.	Robert Owen
B.	Joseph Schumpeter
C.	Richard Cantillon
D.	Philip Kotler
Answer» D. Philip Kotler

257.	9 203)Large scale projects are an example of …………….project
A.	quantifiable
B.	magnitude oriented
C.	sectoral
D.	crash
Answer» B. magnitude oriented

258.	Crashing is applicable in………………..
A.	PERT
B.	CPM
C.	MAP
D.	LOB
Answer» B. CPM

259.	Intrapreneurship is also known as
A.	innovative entreprenurship
B.	coorporate entreprenurship
C.	women entreprenurship
D.	none of these
Answer» B. coorporate entreprenurship

260.	entreprenure adopt the successfull inovations
A.	innovative
B.	Adoptive
C.	fabian
D.	drone
Answer» B. Adoptive

261.	entreprenure are very cautious and sceptical in adopting any change.
A.	fabian
B.	adoptive
C.	innovative
D.	drone
Answer» A. fabian

262.	entreprenure are laggards as they continue to operate in their traditional way and resist changes
A.	innovative
B.	fabian
C.	drone
D.	adoptive
Answer» C. drone

263.	Entrepreneruial skills includes
A.	creative problem solving
B.	persuading
C.	negotiation
D.	all of these
Answer» D. all of these

264.	As per McCLELLAND' s psychyological theory suggest the most important characteristics for an entrepenure is
A.	need for power
B.	need for affiliation
C.	need for achivement
D.	need for copration
Answer» C. need for achivement

265.	Need hierarchy thoery ig given by
A.	McClelland
B.	herzgerg
C.	maslow
D.	J.S.mill
Answer» C. maslow

266.	Joseph schumpeter describe entrepenure as
A.	risk taker
B.	energetic
C.	innovators
D.	information seeking
Answer» C. innovators

267.	Basic problems of women entrepreneure in india
A.	lack of education skill
B.	male dominating society
C.	lack of financial strength
D.	all of these
Answer» D. all of these

268.	Which of the following factors should not be included in P
A.	E Government re-cycling policy
B.	Proposed reduction in interest rates
C.	Competitor activity.
D.	Demographic changes.
Answer» C. Competitor activity.

269.	A new venture's business plan is important because
A.	It helps to persuade others to commit funding to the venture.
B.	Can help demonstrate the viability of the venture.
C.	Provides a guide for business activities by defining objectives.
D.	All the above.
Answer» D. All the above.

270.	Promoter is a person who .
A.	takes part in the incorporation of a company .
B.	is a director
C.	is a relative of the managing director
D.	works to publicity to the company
Answer» A. takes part in the incorporation of a company .

271.	The process of preparing an inventory of skills needed for
A.	Economic viability
B.	Financial feasibility.
C.	Technical feasibility
D.	Managerial competence.
Answer» D. Managerial competence.

272.	Memorandum of association of a firm contains
A.	rules regarding the internal management of the company
B.	rules regarding the constitution and activities of the company.
C.	rules regarding the external management
D.	rules regarding the constitution
Answer» B. rules regarding the constitution and activities of the company.

273.	discretionary responsibilities relates to
A.	philanthropy
B.	ethical responsibity
C.	legal responsibilities
D.	economic responsibilities
Answer» A. philanthropy

274.	legal responsibilities relates to
A.	just and fair practicies
B.	obey the laws of land
C.	attain economic goals
D.	do good to others
Answer» B. obey the laws of land

275.	corporate social responsibility leads to
A.	long run survival of bussines
B.	improvement in public image
C.	helps in avoiding government interferance
D.	all of these
Answer» D. all of these

360+ Entrepreneurship Development (ED) Solved MCQs

6 166) ………………………. Is also called functional layout:

7 178) Incubators organised by the government are called………………

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

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

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

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

9 203)Large scale projects are an example of …………….project

Crashing is applicable in………………..

Intrapreneurship is also known as

entreprenure adopt the successfull inovations

entreprenure are very cautious and sceptical in adopting any change.

entreprenure are laggards as they continue to operate in their traditional way and resist changes

Entrepreneruial skills includes

As per McCLELLAND' s psychyological theory suggest the most important characteristics for an entrepenure is

Need hierarchy thoery ig given by

Joseph schumpeter describe entrepenure as

Basic problems of women entrepreneure in india

Which of the following factors should not be included in P

A new venture's business plan is important because

Promoter is a person who .

The process of preparing an inventory of skills needed for

Memorandum of association of a firm contains

discretionary responsibilities relates to

legal responsibilities relates to

corporate social responsibility leads to

EDP stands for

Entrepreneruial behavious includes

the entreneurial growth in india gain momentum after the launch of economic planning in

Why are small businesses important to a country's econo

Which of the following factors does the macro-environme

designed to produce numerous ideas in a short period

. describes the direction, the enterprise is going in, what its goals are, where it wants to be,and how it is going to get there

The oldest form of business organization is .

A business arrangement where one party allows another party to use a business Name and sell its products or services is known as

The 'T' in a PESTLE analysis refers to .

Which of the following is the reason for business failure

kunkel proposed the theory of

adopting any change.

operate in their traditional way and resist changes

Which of the following factors should not be included in PESTLE analysis?

A new venture's business plan is important because .

Promoter is a person who .

The process of preparing an inventory of skills needed for effective implementation of the project is called as

Memorandum of association of a firm contains

corporate social responsibility leads to

EDP stands for

Why are small businesses important to a country's economy?

Which of the following factors does the macro-environment not include?

produce numerous ideas in a short period

. describes the direction, the enterprise is going in, what its goals are, where it wants to be,and how it is

276.	EDP stands for
A.	Entrepreneurship development programme
B.	Entrepreneurship development policy
C.	Entrepreneurship demand plan
D.	none of these
Answer» A. Entrepreneurship development programme

277.	Entrepreneruial behavious includes
A.	solving problems
B.	taking initiative
C.	taking responsibility
D.	all of these
Answer» D. all of these

278.	the entreneurial growth in india gain momentum after the launch of economic planning in
A.	1872
B.	1772
C.	1952
D.	1978
Answer» C. 1952

279.	Why are small businesses important to a country's econo
A.	m They give an outlet for entrepreneurs
B.	They can provide specialist support to larger companies.
C.	They can be innovators of new products.
D.	All the above.
Answer» D. All the above.

280.	Which of the following factors does the macro-environme
A.	political and regulatory factors.
B.	customer needs in a given market.
C.	social and demographic factors.
D.	technological changes
Answer» B. customer needs in a given market.

281.	designed to produce numerous ideas in a short period
A.	Synectics
B.	Delphi technique
C.	Brain storming
D.	Nominal group technique
Answer» C. Brain storming

282.	. describes the direction, the enterprise is going in, what its goals are, where it wants to be,and how it is going to get there
A.	project report
B.	technical anlaysis
C.	market analysis
D.	financial analysis
Answer» A. project report

283.	The oldest form of business organization is .
A.	Partnership.
B.	sole proprietorship
C.	joint stock company
D.	co-operative undertaking.
Answer» B. sole proprietorship

284.	A business arrangement where one party allows another party to use a business Name and sell its products or services is known as
A.	A cooperative.
B.	A franchise
C.	An owner-manager business
D.	A limited company
Answer» B. A franchise

285.	The 'T' in a PESTLE analysis refers to .
A.	Time
B.	Technology
C.	Training
D.	Talent
Answer» B. Technology