A business arrangement where one party allows another party to use a business Name and sell its products or services is known as ___
1.A cooperative.
2.A franchise.
3.An owner-manager business.
4.A limited company.
A commercial banker would prefer a _______ debt- equity ratio over the years as it indicates financial strength of a unit.
1.Declining.
2.Increasing.
3.Stable.
4.Fluctuating.
A provisional SSI registration certificate is valid for a period of _________
1.four Years.
2.three Years.
3.two Years.
4.one year.
A valid definition of a business purpose is to _____
1.create a customer.
2.maximize profits.
3.serve the society.
4.increase the wealth of the firm.
Activities which must be finished before a given event can occur are termed as ____
1.Preceeding Activities.
2.Succeeding Activities
3.Concurrent Activities
4.Dummy Activities.
An entrepreneur who owns more than one business at a time is called _____
1.an intrapreneur.
2.a corporate entrepreneur.
3.a portfolio entrepreneur.
4.None of the above.
CPM stands for _____
1.Continuous Path Method.
2.Clear Path Method.
3.Critical Probabilistic Method.
4.Critical Path Method.
Decisions taken by an entrepreneur on behalf of his enterprise are known as _______
1.Organizational decisions.
2.Personal decisions.
3.Routine decisions.
4.Strategic decisions
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.
Entrepreneurial development is the key to achieve all-round ______ through acceleration of industrial and entrepreneurial activities.
1.economic development
2.increase in profits
3.shareholders value
4.business development
Entrepreneurial Guidance Bureau(EGB) was set up by _____
1.SISI.
2.SIPCOT.
3.SIDCO
4.IIC.
Entrepreneurs are motivated by ________
1.money.
2.personal values.
3.pull influences.
4.All the above.
Good sources of information for an entrepreneur about competitors can be Obtained from ______
1.Websites.
2.Product information leaflets.
3.Company reports and published accounts.
4.All the above.
Goods or services reach the market place through _____
1.marketing channels.
2.multilevel pyramids.
3.monopolies.
4.multiplication.
Industries producing complete articles for direct consumption & also processing industries is called as _______
1.Manufacturing industries.
2.Feeder Industries.
3.Service Industries.
4.Mining or Quarrying.
New Small Scale industries are exempted from the payment of income tax under section 80J is called _____
1.Investment Allowance.
2.Development Rebate.
3.Rehabilitation Allowance.
4.Tax Holiday
Over - capitalization arises due to _______
1.excess of assets over the liabilities.
2.excess of liabilities over the assets.
3.actual earnings are lower than the expected earnings.
4.actual earnings are higher than the expected earnings.
PERT stands for ______
1.Programme Evaluation and Research Techniques.
2.Project Evaluation and Review Techniques.
3.Programme Evaluation and Review Techniques.
4.Project Evaluation and Research Techniques.
Project mission and objectives, procedures and systems used, and organization resources used typically appear in the _______ section of the final project report.
1.Analysis
2.Recommendation
3.lessons learned
4.financial feasibility
Reserve bank of India is a/an ___________
1.statutory corporation.
2.company limited by guarantee.
3.company limited by shares.
4.unlimited company.
Section 80 HHB provides for a deduction of _______ of profits and gains earned by a resident Indian company.
1.65%.
2.60%.
3.55%.
4.50%
Seed capital assistance _______
1.a long-term assistance.
2.initial assistance
3.a help for the purchase of seeds.
4.a short-term assistance.
State Industrial corporations engage in the development of ______
1.industrial estates.
2.institutional estates.
3.individual investors.
4.agricultural entrepreneurs.
The 'T' in a PESTLE analysis refers to ______
1.Technology.
2.Time.
3.Training.
4.Talent.
The business development department of SIPCOT guides entrepreneurs in ______
1.applying for licences.
2.approval on collaboration.
3.allocation of scarce raw materials.
4.All the above.
The granting of cash subsidy on the capital investment is called _____
1.Concessional finance.
2.Quantum of Subsidy.
3.Interest Subsidy.
4.Central Investment Subsidy.
The Markets and Competitors section of a business plan should contain ________
1.A statement of the target market.
2.The size of each market segment.
3.The key characteristics of buyers in each business segment.
4.All the above.
The oldest form of business organization is ______
1.Partnership.
2.sole proprietorship.
3.joint stock company.
4.co-operative undertaking.
The policy which emphasized the need of promoting small-scale industries through integrated industrial development is ______
1.IPR 1948.
2.IPR 1956.
3.IPR 1977.
4.IPR 1980.
The purpose of all good small business strategy is _______
1.to increase turnover.
2.to increase profitability.
3.to achieve competitive advantage.
4.to achieve stated objectives.
The type of diversification in which the company adds up same type of products at the same level of production is _____
1.conglomerate diversification.
2.horizontal integration.
3.vertical integration.
4.concentric integration.
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.
The use of informal networks by entrepreneurs to gather information is known as ______
1.Entrepreneurial networking.
2.Secondary research.
3.Informal parameters.
4.Marketing
Under section 80J of the income tax act, 1961, small-scale industries are exempted from the payment of income tax on their profits at _______
1.6% p.a.
2.6% p.m.
3.5% p.a.
4.5% p.a.
When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing __________
1.conglomerate diversification.
2.horizontal integration.
3.vertical integration.
4.concentric integration
Which industrial sector tends to naturally promote small-scale businesses and Entrepreneurship, and generally has lower barriers to market entry?
1.Agriculture
2.Manufacturing.
3.Distribution.
4.Service.
Which of the following factors does the macro-environment not include?
1.political and regulatory factors.
2.customer needs in a given market.
3.social and demographic factors.
4.technological changes.
Which of the following factors would not be included in a PESTLE analysis?
1.Government re-cycling policy.
2.Proposed reduction in interest rates.
3.Demographic changes.
4.Competitor activity.
Which of the following is a function of SIDBI?
1.Extension of seed capital.
2.Discounting of bills.
3.Providing factoring services.
4.all of the above.
Which of the following securities proves a burden on finances of the company, when company is not earning profits?
1.Equity shares.
2.Preference shares.
3.Redeemable preference shares.
4.Debentures.
Which of the following sources is not use for medium term financing?
1.Issue of equity shares.
2.Issue of debentures.
3.Term loans from banks.
4.Sale of current asset.
Which of these statements best describes the context for entrepreneurship?
1.Entrepreneurship takes place in small businesses.
2.Entrepreneurship takes place in large businesses.
3.Entrepreneurship takes place in a wide variety of contexts.
4.Entrepreneurship does not take place in social enterprises.
Which one of the following describes unemployment?
1.The number of people who voluntarily choose not to work.
2.The number of people who are jobless and are actively seeking work.
3.The number of people who are not actively seeking work.
4.The number of people actively seeking work who find work.
Which one of the following is not considered as one of the Building blocks of the model entrepreneur?
1.technical skills
2.management competencies.
3.business awareness.
4.personal attributes.
____ is used to accomplish the project economically in the minimum available time with limited resources
1.Project Scheduling.
2.Network Analysis.
3.Budget Analysis.
4.Budget Analysis.
_____ is a problem -solving technique designed to produce numerous ideas in a short period
1.Synectics.
2.Delphi technique.
3.Brain storming.
4.Nominal group technique.
_______ is an activity-oriented approach.
1.CPM
2.PERT
3.GERT
4.WASP
_______ is the systematic development of a project idea for the eventual purpose of arriving at an investment decision.
1.Project identification.
2.Project formulation.
3.Project feasibility.
4.Project evaluation.
_______ set up for the purpose of financing, facilitating, and promoting foreign trade of India.
1.Repco bank
2.SBI
3.EXIM bank
4.HDFC
________ is the first development bank of the country.
1.ICICI.
2.IDBI.
3.SFC.
4.IFCI.