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390+ Entrepreneurship 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 Commerce (B Com) .

151.

-------------- is concerned with the purpose of location of possible opportunities for investment.

A. Project identification
B. Project formulation
C. Project management
D. none of these.
Answer» A. Project identification
152.

The size and technology of the project depend on the ----------------.

A. Demand potential
B. Optimal technology
C. Demand forecasting
D. None of these.
Answer» A. Demand potential
153.

----------------- analysis determines the resources requirement of a project.

A. Input
B. financial
C. Economic
D. none of these.
Answer» A. Input
154.

-------------------- analysis is to assess the financial viability of the project.

A. Financial
B. Technical
C. Marketing
D. none of these.
Answer» A. Financial
155.

--------------- analysis, estimates all social costs and other benefits of the project.

A. Economic
B. Cost benefits
C. Input
D. Network.
Answer» B. Cost benefits
156.

------------------- is the core of the project entity.

A. Network analysi
B. Project design
C. Project appraisal
D. none of these.
Answer» B. Project design
157.

--------------- is primarily a scheduling technique

A. CPM
B. GERT
C. LOB
D. PERT.
Answer» D. PERT.
158.

PERT uses ------------- time estimates for activities.

A. 4
B. 3
C. 6
D. 1.
Answer» B. 3
159.

PERT is ----------------- based

A. Cost
B. Value
C. Time
D. none of these.
Answer» C. Time
160.

CPM is ----------based

A. Time
B. Value
C. Time
D. none of these.
Answer» C. Time
161.

----------------- i8s a report which provides all the necessary information’s of a unit proposed to be set up.

A. Project report
B. Feasibility report
C. Financial report.
D. none
Answer» A. Project report
162.

------------ is the means not an end.

A. Project report
B. Financial report
C. Feasibility reports
D. none of these.
Answer» A. Project report
163.

----------------- analysis evaluates the marketability of the product.

A. Financial
B. Market
C. Economic
D. Input.
Answer» B. Market
164.

A small scale unit has ------------- gestation period.

A. High
B. Low
C. Average
D. Medium.
Answer» B. Low
165.

Small scale units require ----------------- capital investment.

A. Lesser
B. Huge
C. High
D. none of these.
Answer» A. Lesser
166.

-------------- units are quick yielding nature.

A. Medium scale
B. Large scale
C. Small scale
D. EOU
Answer» C. Small scale
167.

SIDO stands for

A. Small industries development organization
B. Small investment development organization.
C. State industrial development organization
D. none of these.
Answer» A. Small industries development organization
168.

IDBI stands for

A. Industrial development bank of India.
B. Investment development bank of India.
C. Institute for developments of business in India.
D. None of these.
Answer» A. Industrial development bank of India.
169.

The word entrepreneur means ------------.

A. To protect
B. To service
C. To undertake
D. To create.
Answer» C. To undertake
170.

----------- is an economic leader.

A. Manager
B. Entrepreneur
C. Intrapreneur
D. none of these.
Answer» B. Entrepreneur
171.

The term entrepreneur was 1st used in the business filed by:

A. Richard cotillion
B. J.B. Say
C. Drunker
D. F.H.Knight.
Answer» A. Richard cotillion
172.

---------------- is hesitant to divide from the traditional method of functioning.

A. Drone entrepreneur
B. Fabian entrepreneur
C. Classical entrepreneur
D. Adoptive entrepreneur.
Answer» A. Drone entrepreneur
173.

--------------------- entrepreneurs follow the footsteps of their predecessors.

A. Drone
B. Fabian
C. Classical
D. Cognitive.
Answer» B. Fabian
174.

------------------ entrepreneur follows the principle of rule of thumb

A. Cognitive
B. Empirical
C. Rational
D. Professional.
Answer» B. Empirical
175.

A --------------------- entrepreneur is one who promotes and operates a retail business.

A. Corporate
B. Industrial
C. Retail
D. Technical.
Answer» C. Retail
176.

---------------- entrepreneur is one who taken up those venture as which suit the current marketing needs.

A. Classical
B. Modern
C. Non technical
D. none of these.
Answer» B. Modern
177.

----------------- an entrepreneur is one who carries out business or service activities quite successfully on a small scale basis.

A. Large scale
B. Medium scale
C. 1st generation
D. Small scale.
Answer» D. Small scale.
178.

--------------- is an urge to achieve the goals

A. Skill
B. Knowledge
C. Motive
D. none of these.
Answer» C. Motive
179.

-------------------- means the collection and retention of information in one’s mind.

A. ) Skill
B. Motive
C. Knowledge
D. none of these.
Answer» C. Knowledge
180.

-------------- means the ability to practice knowledge.

A. Skill
B. Motive
C. Knowledge
D. none of these.
Answer» A. Skill
181.

The high risk leads to ------------------.

A. Profit
B. Loss
C. Uncertainty
D. none of these.
Answer» A. Profit
182.

Resources are scarce which demands are ------------------.

A. Unlimited
B. Limited
C. Scarce
D. none of these.
Answer» A. Unlimited
183.

The development of nation depends on the development of ----------------.

A. Entrepreneurship
B. Export
C. Import
D. None of these.
Answer» A. Entrepreneurship
184.

---------------- is the drive to achieve goal

A. Motivation
B. Need for achievement
C. Portfolio
D. none of these.
Answer» A. Motivation
185.

After screening the ideas, they are translated into project ------------------.

A. Portfolio
B. Profiles
C. Proposal
D. none of these.
Answer» B. Profiles
186.

The element of job to be completed in a specific time is known as --------------------.

A. Event
B. Activity
C. Network
D. Slack.
Answer» B. Activity
187.

Activities lying on the critical path are known as --------------- activities.

A. Critical
B. Preceding
C. Succeeding
D. Concurrent.
Answer» A. Critical
188.

Which of the following is a technique of project identification?

A. desk research
B. Sensitivity analysis
C. CVP analysis
D. none of these.
Answer» A. desk research
189.

Which of the following is not a technique of financial analysis.

A. Ratio analysi
B. Risk analysis
C. Cash flow analysis
D. Fund flow analysis.
Answer» B. Risk analysis
190.

---------------- is described as bread earning point.

A. Cash flow
B. Fund flow
C. Ratio
D. break even.
Answer» D. break even.
191.

The skill to people and to influence their behavior is known as ----------------.

A. Diagnostic
B. Conceptual
C. Technical
D. Human relation.
Answer» D. Human relation.
192.

------------------ analysis is carried out to ascertain technical soundness of the project.

A. Techno-economic
B. Technical
C. Financial
D. Pre- investment appraisal.
Answer» B. Technical
193.

Which of these is not industries promotional institution?

A. KFC
B. KSIDC
C. KSETDC
D. KTC.
Answer» D. KTC.
194.

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

A. Communication
B. Decision making
C. Project development
D. Management.
Answer» B. Decision making
195.

-------------- skill relates to accounting and financing control, marketing, and 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.
196.

The first and foremost industrial estate was established in the year -------------------.

A. 1960
B. 1962
C. 1955
D. 1950.
Answer» C. 1955
197.

---------------- is the financial and promotional assistance provided by the govt. to the industries for boosting up industrial development in all regions particularly in backward areas.

A. Seed capital
B. Incentive
C. Subsidy
D. none of these.
Answer» B. Incentive
198.

An imitating entrepreneur is one

A. who introduces new method of production
B. who adopts method used by others
C. who adopts old techniques
D. who does not like to bear risk
Answer» B. who adopts method used by others
199.

Drone entrepreneurs are characterised by

A. Rigid ways
B. Liberal attitude
C. Conservative thinking
D. Flexible attitude
Answer» A. Rigid ways
200.

A Fabian entrepreneur is one

A. who takes maximum risk
B. who is very aggressive
C. who is frequently induces new product in business
D. who is timid and caution
Answer» D. who is timid and caution

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