MBA/MBA Entrepreneurship Management MCQ Set 2 Sample Test,Sample questions

Question:
A project, which may not add to the existing profits, should be financed by ______

1.debentures.

2.preference share capital.

3.equity capital.

4.public deposits.


Question:
A public corporation means _______

1.public company.

2.government company.

3.statutory corporation.

4.department of union government


Question:
Additional time which a non-critical activity can consume without increasing the project duration is called _______

1.Total Float.

2.Free Float

3.Independent Float.

4.Dependant Float


Question:
As a new company grows, the entrepreneur will need to ______

1.be responsive to changes in the market.

2.ensure financial controls are maintained.

3.build a management team.

4.All the above.


Question:
Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as _______

1.Organizational decisions.

2.Personal decisions.

3.Routine decisions.

4.Strategic decisions.


Question:
Decisions which are non-repetitive and novel nature and required to solve unstructured problem is called as ______

1.Programmed decisions.

2.Non - programmed decisions.

3.Routine decisions.

4.Strategic decisions.


Question:
District Industries Centres are located _______

1.in each district.

2.in each state.

3.only in selected districts.

4.only in selected states.


Question:
Entrepreneurship can best be described as ______

1.a process that requires setting up a business.

2.taking a significant risk in a business context.

3.having a strong vision.

4.a process involving innovation, new products or services, and value creation.


Question:
EST stands for _____

1.Earliest Start Time.

2.Event Start Time.

3.Effective Start Time.

4.Essential Start Time.


Question:
EXIM bank is a _____

1.State-level institution.

2.Regional - level institution.

3.All India institution.

4.International institution.


Question:
Idea of new product is tested in potential consumers to determine consumer acceptance at ______ stage.

1.Concept.

2.Product development.

3.Test marketing.

4.Commercialization.


Question:
IFCI has been converted into a _______

1.joint stock company.

2.co-operative society.

3.partnership firm.

4.sole proprietorship.


Question:
Innovation can best be defined as _____

1.the successful exploitation of new ideas.

2.the evolution of new ideas.

3.the opposite of creativity.

4.the generation of new ideas.


Question:
Institutional agencies grant financial assistance to small scale industries for ______

1.participation in equity capital only.

2.acquisition of fixed assets.

3.working capital assistance.

4.all of the above.


Question:
LOB stands for______

1.Line of Business.

2.Line of Balance.

3.Loss of Business.

4.Loss of Balance


Question:
National Alliance of Young Entrepreneurs (NAYE) Sponsored an Entrepreneurial Development scheme with Bank of India in ________

1.January 1920.

2.August 1920.

3.January 1972.

4.August 1972.


Question:
New entrepreneurs entering the field of medium industry for the first time can have market studies with the subsidiary of ________

1.75% of the cost or Rs.15000 whichever is less.

2.75% of the cost or Rs.15000 whichever is high

3.50% of the cost or Rs.15000 whichever is less.

4.50% of the cost or Rs.15000 whichever is high


Question:
O & M refers to _____

1.overall efficiency of business.

2.efficiency of office and administrative work.

3.office work measurement.

4.office and management study.


Question:
Project management is ideally suited for a business environment requiring all of the following except _______

1.Flexibility

2.Innovation

3.speed

4.Repetability


Question:
Someone who improves an existing business can be called _____

1.A changeling.

2.A professional.

3.A co-worker.

4.An intrapreneur.


Question:
Strategic entrepreneurial marketing has been summarised as the 4Is, identification of target markets, interactive marketing methods, informal intelligence gathering and - what is the fourth?

1.independence.

2.instructiveness.

3.innovation.

4.internet.


Question:
The charter of a company is its ______

1.prospectus.

2.statement lieu of prospectus.

3.memorandum of association.

4.articles of association.


Question:
The content of the final report typically includes the following topics ____

1.Executive summary

2.review and analysis

3.recommendations

4.If all the above are correct.


Question:
The expenses incurred on the setting up of the enterprise are called as ______

1.Cost of financing.

2.Cost of promotion.

3.Cost of fixed assets.

4.Cost of current assets.


Question:
The minimum amount of __________ irrespective of such private participation, could be specified at a minimum 17.5 per cent of project costs by lending institutions.

1.bank loans

2.promotors contribution

3.fixed capital

4.working capital


Question:
The policy which stressed the role of cottage and small-scale industries for balanced industrial development of the country is _________

1.IPR 1940.

2.IPR 1948.

3.IPR 1956.

4.IPR 1977.


Question:
The term Capitalization is used in relation to _____

1.sole-proprietorship.

2.Partnership.

3.joint stock companies.

4.co-operative societies


Question:
The term ______ denotes bonus or financial aid which is given by a government to an industry to help it compete with other units

1.Incentive.

2.Subsidy.

3.Concession

4.Bounty.


Question:
The type of diversification in which the company adds complementary to the existing product or service line is ______

1.conglomerate diversification.

2.horizontal integration.

3.vertical integration.

4.concentric integration.


Question:
The UK government has implemented a number of policies to encourage Entrepreneurship in schools. One such initiative is ________

1.Young Enterprise.

2.Youth venture.

3.Young Business.

4.Young Initiative.


Question:
TIIC is sponsored by the ________

1.Government of Karnataka.

2.Government of Andhra Pradesh.

3.Government of Kerala.

4.Government of Tamil Nadu.


Question:
To provide financial assistance to entrepreneurs the government has set up a number of ____

1.financial advisors.

2.financial intermediaries.

3.Industrial estates.

4.financial institutions.


Question:
Today, many companies are using managerial techniques that are designed to encourage ______

1.Ehical behaviour

2.legal compliances

3.increasing profits

4.shareholders value


Question:
Under-capitalization arises due to _______

1.excess of assets over the liabilities.

2.excess of liabilities over the assets.

3.actual capitalization is higher than the proper capitalization.

4.actual capitalization is lower than the proper capitalization.


Question:
what are the components of then project report _____

1.requirement of funds

2.location

3.manpower

4.All the above.


Question:
What is the role of a Business Ange?

1.To provide small business advice.

2.To provide capital for business development in exchange for a stake in the Business ownership.

3.To set up a franchise business.

4.To assist an entrepreneur to open a lifestyle business.


Question:
When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as ______

1.conglomerate diversification.

2.horizontal integration.

3.vertical integration.

4.concentric integration.


Question:
Which could provide an individual with the motivation to start a new business venture?

1.The financial rewards.

2.A desire to be independent.

3.Risk taking

4.All the above.


Question:
Which of the following is a characteristic typical of ______? 

1.Choose high risk ventures.

2.Choose low risk ventures.

3.Choose moderate (or calculated) risk ventures.

4.Choose no risk ventures.


Question:
Which of the following is the reason for business failure ________

1.Lack of market research.

2.Poor financial control.

3.Poor management.

4.All the above.


Question:
Which of the following leads to under-capitalization?

1.raising of more money by issue of shares.

2.acquiring fixed assets on excessive amounts.

3.over-estimation of earnings for enterprise.

4.under-estimation of initial rate of earnings.


Question:
Which of the following statements is false?

1.Market segmentation is a useful process for small businesses to undertake.

2.Selling is essentially a matching process.

3.A benefit is the value of a product feature to a customer.

4.It is a good idea for small businesses to compete solely on price.


Question:
Which of the list below does not form Intellectual Property?

1.Trade marks.

2.Patents.

3.Tangible assets.

4.Copyright.


Question:
_____ 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.

1.project report

2.technical anlaysis

3.market analysis

4.financial analysis


Question:
_____ may be defined as the excess of present value of project cash inflows over that of out flows.

1.Net present value technique.

2.Average rate of return.

3.Benefit-Cost ratio.

4.Internal rate of return


Question:
________ can be defined as a specifically evolved work plan densed to achieve a specific objective within a specific period of time

1.Idea generation.

2.Opportunity Scanning.

3.Strategy

4.Project.


Question:
________ implies the availability or otherwise of plant and machinery and technical know how to produce the product.

1.Economic viability.

2.Financial feasibility.

3.Technical feasibility.

4.Managerial competence


Question:
________ is a graphical representation of the various activity and event relating to a project.

1.Network analysis.

2.Scheduling technique.

3.Logical Model.

4.Network Diagram


Question:
_________ is granted to small scale units under section 33B of the Income tax act, 1961.

1.Depreciation Allowance.

2.Development Debate.

3.Investment Allowance.

4.Rehabilitation Allowance.


Question:
__________ is an event-oriented approach.

1.CPM.

2.GERT.

3.WASP.

4.PERT.


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