Question 1 : _____ implements the plans and ideas of an entrepreneur.
- Manager
- Internal entrepreneur
- Promoter
- None of the above
Question 2 : _____ is an entrepreneur within existing organization.
- Intrapreneur
- Manager
- Leader
Question 3 : Returns to entrepreneurs are in the form of _____.
- profit
- pay package
- perquisites
- None of the above
Question 4 : _____ act essentially like entrepreneurs without the risks associated with being an entrepreneur.
- Entrepreneur
- Manager
- Intrapreneur
- All of the above
Question 5 : _____ scheme is specially meant for women entrepreneurs.
- DBK
- MDA
- TREAD
- None of the above
Question 6 : _____ with its headquarters in Guwahati has a special focus on entrepreneurial development in NorthEastern India.
- NSIC
- IIE
- EDII
- All of the above
Question 7 : _____ is the apex national level institute for entrepreneurial development.
- (EDII
- IIE
- NIESBUD
- None of the above
Question 8 : _____ was established in 1955 to promote and develop micro and small scale industries in India.
- NSIC
- IIE
- EDII
- None of the above
Question 9 : _____ operates as the nodal development agency for small scale industries.
- SIDO
- IIE
- SISI
- All of the above
Question 10 : Mahila Udyam Nidhi scheme for women entrepreneurs is implemented by _____.
- RBI
- SIDBI
- NABARD
- All of the above
Question 11 : An entrepreneur has to bear risks involved in business.
- True
- False
Question 12 : Entrepreneurship is an economic activity.
- True
- False
Question 13 : Government provides incentives for entrepreneurship development in India.
- True
- False
Question 14 : A managers primary motives are innovation and independence.
- True
- False
Question 15 : Intrapreneur is an entrepreneur within an existing organization.
- True
- False
Question 16 : Intrapreneur has to bear risks involved in business.
- True
- False
Question 17 : The scheme of TREAD is especially for women entrepreneurs.
- True
- False
Question 18 : NIESBUD is the apex national level institution for providing entrepreneurial development.
- True
- False
Question 19 : EDII is the nodal development agency for small scale industry.
- True
- False
Question 20 : Indian Institute of entrepreneurship has a special focus on entrepreneurship development in northern regions.
- True
- False
Question 21 : Mahila Vikas Nidhi scheme for development of women entrepreneurs is implemented by ICICI bank.
- True
- False
Question 22 : National Small Industries Corporation (NSIC) has been working for promotion and growth of small-scale industries and industry related to small-scale services in the country.
- True
- False
Question 23 : _____ industry is concerned with reproduction and multiplication of species in order to earn profit.
- Genetic
- Extractive
- Construction
- None of the above
Question 24 : _____ concept of business is concerned with customer satisfaction.
- Modern
- Traditiona
- Product
- None of the above
Question 25 : Poultry, dairy and plant nurseries are examples of _____ industry.
- genetic
- extractive
- construction
- All of the above
Question 26 : _____ function is concerned with people in an organization.
- Human Resource
- Marketing
- Finance
- All of the above
Question 27 : _____ functions involves activities like marketing research, promotion and distribution.
- Production
- marketing
- Human Resource
- None of the above
Question 28 : _____ concept of business emphasizes on profit maximization.
- Modern
- Traditional
- Product
- None of the above
Question 29 : _____ industry provides intangible goods.
- Extractive
- Manufacturing
- Service
- All of the above
Question 30 : Encouragement to small scale and cottage industry is a type of _____ objective.
- national
- organic
- human
- All of the above
Question 31 : _____ is the most important economic objective of a business unit.
- service
- profit
- charging right price
- None of the above
Question 32 : Reduction in cost is a type of _____ objective.
- economic
- social
- organic
- All of the above
Question 33 : _____ is an organic objective.
- Prestige
- social welfare
- wealth creation
- All of the above
Question 34 : _____ objectives are also known as three fold objectives.
- Social
- Economic
- Organic
- None of the above
Question 35 : Fulfilling responsibilities towards shareholders and creditors are examples of _____ objectives.
- economic
- social
- human
- None of the above
Question 36 : _____ objectives generally stand at the top most in the hierarchy of business objectives.
- Economic
- Social
- Human
- All of the above
Question 37 : _____ refers to sale of a segment of a company to a third party.
- Liquidation
- Divestiture
- Turnaround
- All of the above
Question 38 : _____ refers to retrenchment of surplus manpower of business.
- Divestitures
- Downsizing
- Diversification
- All of the above
Question 39 : _____ refers to reduction of government control over business sector.
- Liberalization
- Privatisation
- Globalization
- None of the above
Question 40 : Divestment is a type of _____ strategy.
- retrenchment
- stability
- growth
- None of the above
Question 41 : _____ refers to transfer of government function to the private sector.
- Liberalization
- Privatization
- Globalization
- All of the above
Question 42 : _____ implies continuing current activities of the firm without any significant change.
- Stability
- Growth
- Retrenchment
- All of the above
Question 43 : _____ strategy is applicable to loss making units.
- Turnaround
- stability
- Growth
- None of the above
Question 44 : _____ is an internal growth strategy.
- Mergers
- Joint ventures
- Intensification
- None of the above
Question 45 : _____ merger refers to combination of firms engaged in unrelated type of business activities.
- Conglomerate
- Horizontal
- Vertical
- All of the above
Question 46 : _____ denotes split of a company.
- Demerger
- Divestiture
- Liquidation
- All of the above
Question 47 : Business is a socioeconomic activity.
- True
- False
Question 48 : The traditional concept of business was customer oriented.
- True
- False
Question 49 : The Modern concept of business gives importance to social responsibility.
- True
- False
Question 50 : Production and Marketing are important functions of business.
- True
- False