DEPARTMENT OF EXTENSION EDUCATION

C.P.C.A, S.D.A.U, SARDARKRUSHINAGAR

Course No: 6.4 Course Title: Entrepreneurship Development

Chapter IEntrepreneurship Development Concept and Meaning Weightage: 10

1 Who defined an entrepreneur as an individual who introduces something new in the economy? a Cole c Jean Baptisteb Richard Cantilon d Schumpeter

2 Person opined that, in any society there are not more than 85% job seekers, while job providers are not more than 15%.a Peter Drucker c Knightb G.L.Ray d Richard Cantilon

3 According to J B Say, an entrepreneur isa Economic agent c Plannerb Innovator d Researcher

4 The first person who introduce word ‘entrepreneur’ in business wasa Knight c Jean Baptiste b Richard Cantilon d Schumpeter

5 The word entrepreneur is derived from the French verb ‘entrepredre’ meansa to coordination c to organise b to supervise d to undertake

6 The first person who considered entrepreneur as an innovator wasa Knight c Jean Baptiste b Richard Cantilon d Schumpeter

7 The word ‘entrepreneur’ is derived from the languagea Greek c Frenchb Latin d Roman

8 The first person who introduce word entrepreneur:a Knight c Jean Baptisteb Richard cantilon & Irishman d Schumpeter

9 The concept of entrepreneur word evolution in economic aspect in century : a 17th c 16th b 18th d 20th

10 Opined that in any society, job seekers are 85%, While job providers are 15%:a Peter drucker c Knightb G.L.Ray d Richard cantilon

11 Who differentiated between Entrepreneurs and Intrapreneurs a Ogburn c Giffen Pinchot b W Ouchii d Pareto

12 The idea that a whole system is greater than the sum of its parts is called

a integration, integrative c synergy, synergisticb synergy, emergent d holism, holistic

13 A person who managed large project was termed as the entrepreneur in the _________.a Earliest period c 17th centuryb Middle ages d 19th and 20th century

14 Which of the following shows the process of creating something new?a Business model c Innovationb Modeling d Creative flexibility

15 All of the following are recognized as potential sources of entrepreneurial ideas except:a Work experiences, skills, and abilities  c Personal interests or hobbiesb Familiar and unfamiliar products and services d All of the selections are recognized

as potential sources of entrepreneurial ideas.

16 An _______________ is an individual who creates something for the first time, is a highly driven individual motivated by his or her own work and personal ideas.a Entrepreneur c Both a and b b Inventor d None of the given options

17 Entrepreneurs typically forma Service businesses c Constructive companiesb Manufacturing companies d A variety of ventures

18 Entrepreneurs are capitalist as stated bya Adam Smith c David McCllelandb Jean Baptiste Say d Peter Drucker

19 Drone entrepreneur area Adapt new technologies c Imitativeb Refuge to adopt new changes d None

20 Intrapreneur are the person who perform their operationa Independently c Personal capital investmentb Dependently d Either a & c

21 The term entrepreneur is translated as:a between-giver c receiverb between-taker d giver

22 _________viewed the entrepreneur as a risk taker who “buy(s) at an uncertain price, therefore operating at a risk”a Eli Whitney c Richard Cantillonb Edward Hariman d Thomas Edison

23 ___________ Process of creating incremental wealth is called Entrepreneurship.a Dynamic c Continues b Static d Systematic

24 ___________ process of creating incremental wealth is called Entrepreneurship.a Dynamic c Continuesb Static d Systematic

Chapter IIFunctions of Entrepreneur Weightage: 4

1 Which one is not among the three broad categories of entrepreneurial functions?a Risk bearing c Innovationb Organization d Planning

2 The main function of entrepreneur is:a Coordination c Organizationb Supervision d All of these

3 It is an innovative function for running an enterprise: a Entrepreneur c Innovationb Entrepreneurship d Coordination Which one is not among the three broad categories of entrepreneurial functions:a Risk bearing c Innovation b Organization d Belief

Chapter IIICharacteristics of Entrepreneur Weightage: 9

1 A person who utilizes inventions immediately is known asa Fabian c Droneb Innovator d Organiser

2 Entrepreneur is concern with:a Men c Both A & B b Product d None of these

3 Entrepreneur must be a good:a Writer c Receiverb Learner d Listener

4 A person who utilized inventions is known as:a Inventor c Plannerb Innovator d Researcher

5 Which of the following is not correct for entrepreneursa Entrepreneurs are borne c Entrepreneurs can be developed b Entrepreneurs take calculated risk d None of the above

6 Entrepreneurs have a High need for achievement (n/ACH) c High need for power (n/PWR)b High need for affiliation (n/AFF) d All the needs in high amount

7 Which is not a motivator?a Personal growth c Responsibility within the jobb Sense of achievement d Working conditions

8 A person whose key aptitude is creativitya Inventor c Invention b Innovator d Innovation

9 A person who combined creativity with a range of commercial and managerial skillsa Inventor c Invention b Innovator d Innovation

10 Which of the following is not a characteristic that is helpful for an entrepreneur to have?a Self-esteem c Driveb Caution d Optimism

11 Which of the following is NOT recognized as a misconception about entrepreneurship?a Entrepreneurship is found only is small

businessesc Successful entrepreneurship needs

only a great ideab Entrepreneurship is easy d Entrepreneurial ventures and small

businesses are different12 An individual’s need to be recognized is called:

a Need for independence c Need of fameb Need for affiliation d Need for achievement

13 Which of the following is not considered a common characteristic of an entrepreneur?a Internal locus of control c Self-confidenceb High need for achievement d External locus of control

14 All of the following are characteristics of an innovative culture EXCEPT:a Acceptance of ambiguity c High external controls b Tolerance of risk d Open-system focus

15 For an entrepreneur, innovation is an important criterion is stated by a Richard Cantillon c Joseph A. Schumpeterb Peter Drucker d David McClelland

16 Personal characteristics to be a successful entrepreneur includesa Understanding environment c Encourage open discussionb Creating management options d All of the above

17 The entrepreneur must possess the abilities:a Creative c Understanding environmentb Conceptualization d All of the given options

18 Which of the following is NOT a characteristic of an entrepreneur?a Need for independence c Need for achievementb Need for affiliation d Risk taking

Chapter IVAgricultural Entrepreneurship Weightage: 41 Hazard Analysis and Critical Control Point (HACCP) is an important __________ assurance

system a Value c Quality b Quantity d Product

2 AGMARK is a certification mark for the agricultural products of India ad it is a Fix c Voluntary b Compulsory d Oral

3 Agriculture Produce and Marketing Act was passed in a 1935 c 1939b 1937 d 1923

4 Government can help in forming new venture by providing:a Finance c Infrastructureb Technology d Subsidiaries

5 Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?a Creative destruction c Anatomization

b New business model d None of the given options6 A farmer becomes an entrepreneur when he

a Adopt a new agricultural technology c Comes to be an operator of a farm business

b starts his family occupation on a large scale d All of these Chapter V

Need for Entrepreneurship Development Weightage: 71 The person who stimulates a rebellion and attempts to established a new society

a Retreatist c Reformistb Ritualist d Innovator

2 Indian Institute of Entrepreneurship (IIE) is located ina Guwahati c Mumbai b Kolkata d Varanasi

3 In our society the number of entrepreneur is:a 75 per cent c 25 per cent b 85 per cent d 15 per cent

4 National Institute for Micro, Small and Medium Enterprise(NIMSME) is located in a Mumbai c Hyderabad b New Delhi d Lucknow

5 The National Institute of Entrepreneurship and Small Business Development (NIESBUD) is located in a Mumbai c Hyderabad b New Delhi d Lucknow

6 Idea that may not develop into something newa Inventor c Invention b Innovator d Innovation

7 Idea that develops into something new that increases customer valuea Inventor c Invention b Innovator d Innovation

8 Which one of the following is the main problem for the entrepreneur in the beginning stages of creating a new venture?a Lack of experience c Lack of educationb Limited resources d None of the given options

9 What is the most common reason given for why people choose to become entrepreneurs?a To make a lot of money c To be their own bossb To escape the long hours associated with

corporate jobsd None

10 An entrepreneur’s primary motivation for starting a business isa To make money c To be famousb To be independent d To be powerful

11 What causes people to do something?a Need for achievement  c Motivationb Need for independence d None of the mentioned options

12 Social and cultural effective element for development of entrepreneurship is

a Self dependency c Rules & regulationb Courageous skill d Government policies

13 To be successful in an entrepreneurial venture, you need a Money c Hard workb Luck d A good idea

14 Entrepreneurial experience becomes increasingly important asa Work load increases c Complexity of wok increasesb Complexity of venture increases d None of the above

Chapter VIEntrepreneurship Development Programme Weightage: 61 The most important aspect in entrepreneurship development programme is

a Counseling c Teachingb Training d Reading

2 The institute situated at Hyderabad organizes achievement motivation training programmes in India isa SITE c SBIb AMUL d NABARD

3 The first Entrepreneurship Development Programme was started in the yeara 1976 c 1978b 1988 d 1968

4 The first Entrepreneurship Development Programme was started bya Government c BOBb SBI d IDBI

5 Entrepreneurship Development Institute of India was located ina Guwahati c Lucknow b Gandhinagar d New Delhi

6 Entrepreneurship Development Institute of India was established in a 1980 c 1985b 1983 d 1989

7 Which phase of EDP creates awareness about entrepreneurial practices? a Development c Initialb Support d Maturity

8 Brocken square game is used to study a Internal collaboration of group c Mutual Competition b External collaboration of group d All of the above

9 Members of distribution channels are excellent sources for new ideas because:a They are familiar with the needs of the market c They do not bother if entrepreneur

bears a lossb They earn a handsome profit from new

businessd They have well-developed sales

force10 In EDPs, Ring Toss Game gives an indication of entrepreneu’s potential for

a Risk taking c Innovationb Starting a game d Creativity

11 The entrepreneur who wants to perform better required a Training c Knowledgeb Skill d None

12 Which of the following statements about the intrepreneurial climate is (are) true?a Trial and error are discouraged c A multidisciplinary approach is

discouragedb Resources of the firm need to be available and

easily accessibled Failures are not allowed

13 The activities which occur when the new venture is started are called:a Motivation c Departure pointb Goal orientation d Business skills

Chapter VIIEntrepreneurial Behaviour Weightage: 101 Entrepreneurs prefer to be their own boss denotes the quality

a Hard work c Independence b Foresight d Risk bearing

2 An entrepreneur is very much skeptical in his approach to the enterprise isa Drone c Fabianb Innovative d Adoptive

3 One who discovers new methods and new materials is called:a Inventor c Coordinatorb Innovator d None of these

4 Motivation and Managerial skill are develop through:a Counseling c Awarenessb Training d Encouragement

5 Entrepreneurs are a High risk taker c Avoid riskb Moderate/calculated risk taker d All may happen

6 Entrepreneur accept the thing as they are and deal with them accordingly:a Hard work c Independence b Foresight d Optimistic

7 Is an integral part of any fruitful activity:a Planning c Coordinationb Cooperation d Directing

8 Which statement is not true of entrepreneurs?a They generally stick to the processes already

in usec They change the way businesses

convert inputs into outputs.b They are agents of adjustment. d They apply innovative ideas.

9 Degree of influence and control on other people is called:a Locus of control c Locust of controlb Locomotion of control d Lack of control

10 The entrepreneur’s_______________ depends on his perception of the opportunity.a Commitment to opportunity c Control of resourcesb Commitment of resource d Strategic orientation

11 Which is one of the most important leadership qualities among managers and employees in the organization?a Entrepreneurship c Motivationb Communication d Staffing

12 Entrepreneurial behavior typically requires all of the following EXCEPT:a) Invention of something new   c) Drive.b) Willingness to take risks d) Creativity

13 Locus of control is aa Feeling  c Attributeb Attitude d None of the above

14 Being one’s own boss is a need ofa Independence c Affiliationb Achievement d Authority

15 Entrepreneurs are best as a Managers c Plannersb Venture capitalists d Doers

16 A set of reasons for engaging in a particular behavior, especially human behavior is known as _____________. a Values c Entrepreneurshipb Vision d Motivation

17 The development of a new venture based on an inventor’s work often requires ________.a Expertise of an entrepreneur c Skilled human resourcesb Heavy investment from financers d Highly educated staff

18 The difference in the entrepreneurial and managerial domains has contributed towards an increase interest ina Forming new firms c Intrapreneurshipb Partnership d Private firms

19 Good entrepreneurs are usually from families which are:a Landlords c Can be from any family with

supportive parents b Capitalists d Conservative parents

20 Individuals influencing an entrepreneur’s career choice and style are known as which of the following?a Role model c Professional support networkb Moral-support network d Support system

21 Entrepreneurial behavior is a function of a Personality characteristics c Both a & bb Environmental factors d Both a & c

22 The predisposition or inclination of an individual to accomplish something important and unique in a competitive situation is termed as a Achievement motivation c Need for power b Entrepreneurial motivation d Need for affiliation

Chapter VIIIFactors of Entrepreneurial Growth Weightage: 7

1 Which of the following is the external motivating factor for entrepreneur development?a Experience c Educationb Government assistance d All of them

2 The internal motivating factor for entrepreneur development is a Availability of raw material c Educational background b Government assistance d Assistance from financial

institutions3 The external motivating factor for entrepreneur development is :

a Experience c Educationb Government assistance d All of them

4 It will help the entrepreneur in deciding the course of action:a Follow up c Planningb Monitoring d None of them

5 The factor creates negative effect on business :a Strength c Both A&B b Opportunities d Weakness

6 Creativity can be enhanced by a Buzz secession c Brain storming b Huddle system d Delphi technique

7 Brainstorming was developed by a Osborn c RAND corporation b Olaf Helmer d Mc Gragor

8 Factors contribute to the creation of new venture except:a Government c High interest ratesb Finance d Role models

9 Which one of the following is not an internal factor?a New technology c Marketingb Manufacturing d Personnel

10 Which of the following factor is most important in forming a new business?a Finance c Government supportb Marketing d Family support

11 Which one of the following is NOT an environmental factor? a Economy c Technology b Culture d Competition

12 Entrepreneur is a factor ofa Microeconomics c Economicsb Macroeconomics d All of the above

13 Maslow’s motivation theory is based ona Human needs c Behaviourb Achievement d All of the above

14 Which of the following factors does not affect a person for being an entrepreneur?a Family background c Personal valuesb Education d Gender

15 All of the following are the broad categories of External forces EXCEPT:a Economic forces c Technological forces

b Socioeconomic forces d Competitive forcesChapter IX

Accounting for Enterprise Weightage: 101 What should be minimum contribution of the entrepreneur for setting up an industry?

a 25 per cent c 75 per centb 50 per cent d 100 per cent

2 The bank provides financial assistance to technically qualified entrepreneurs to the extent of 100 percent to set up small scale units under the scheme a Equity fund scheme c Special capital schemeb Seed scheme d Entrepreneur scheme

3 Accounting is the art of recording, classifying and summarizing:a Money c Eventsb Transactions d All of these

4 If the assets exceed liabilities, the business is financially :a Healthy c Mediumb Weak d None of these

5 The classification of transaction in business is done through:a Journal c Trial balance b Ledger d All of these

6 It is serve as a lubricant for any enterprise :a Fixed capital c Working capital b Fixed assets d Liabilities

7 Finance is said to be a Life blood c Soul b Food d Brain

8 Which of the following are the key factors for choosing the type of financing?a Availability of fund c Prevailing interest ratesb Assets of the venture d All of the above options

9 Which of the following ratio will be helpful for assessing the firm’s capital structure?a Current ratio c Profitability ratiob Acid test ratio d Debt to equity ratio

10 Which of the following is included in the description of the business?a Location c Historyb Products offered d All of the given options

11 Lenders are primarily interested in the:a Personal relationship c Progress of the ventureb Ability to pay back loan d High interest rate

12 Which of the following statement is true?a Cash flow is same as profit c Cash flow results from the

difference between all cash available and cash payments

b Profit is the result of subtracting expenses from sales

d Cash flows only when actual payments are not made but only received

13 Which of the following ratio will be helpful for assessing the firm’s capital structure?

a Current ratio c Profitability ratiob Acid test ratio d Debt to equity ratio

14 ________ is commonly used to measure the short-term solvency of the venture? a Debt to equity ratio c Profitability ratiob Current ratio d Activity ratio

15 Which of the following is a liquidity ratio? a Acid test ratio c Inventory turnover b Average collection period d Debt to equity ratio

16 Which of the following is NOT the determinant of entrepreneur's ownership? a Equity c Debtb Cash d None of the given options

17 The left side of an account is called:a Credit c Debitb Assets d Journal

18 A debit entry in the accounting records willa Decrease assets and expenses or increase

liabilities and incomec Increase liabilities and income only

b Increase assets and expenses only d Increase assets and expenses or decrease liabilities and income

19 An increase in assets may have an equivalent:a Increase in liabilities c Decrease in liabilitiesb Increase in other assets d Decrease in capital

20 An increase in liabilities may have an equivalent:a Decrease in other liabilities c Decrease in assetsb Increase in capital d Increase in other liabilities

21 Which of the following will not alter the total net assets of an enterprise?a Payments to trade payables c Charging depreciation on buildingsb Receipts of interest from investments d Drawings by the owner

22 The financial statement that shows the financial position of an enterprise at a particular point in time is the:a Income statement c Balance sheetb Statement of changes in equity d Cash flow statement

23 A balance sheet does not:a Present revenues and expenses of an enterprise c Have two counterbalancing

sectionsb Report the assets and claims of an enterprise at

a specified moment in timed Show the financial status of an

enterprise24 The accounting equation may not be expressed as:

a Non-current assets + Net current assets = Non-current liabilities + Equity

c Non-current assets + Current assets = Total liabilities + Equity

b Assets = Liabilities + Equity d Liabilities = Assets – Equity

25 Each of the following is a liquidity ratio except the a Acid-test ratio c Debt to total assets ratiob Current ratio d Inventory turnover

26 A liquidity ratio measures the a Income or operating success of an enterprise

over a period of timec Short-term ability of the enterprise

to pay its maturing obligations and to meet unexpected needs for cash

b Ability of the enterprise to survive over a long period of time

d Number of times interest is earned

27 The current ratio is a Calculated by dividing current liabilities by

current assetsc Used to evaluate a company's

solvency and long-term debt paying ability

b Used to evaluate a company's liquidity and short-term debt paying ability

d Calculated by subtracting current liabilities from current assets

28 The acid-test (quick) ratio a Is used to quickly determine a company's

solvency and long-term debt paying abilityc Is calculated by taking one item

from the income statement and one item from the balance sheet

b Relates cash, short-term investments, and net receivables to current liabilities

d Is the same as the current ratio except it is rounded to the nearest whole percent

Chapter XMethods of Project Formulation Weightage: 6

1 Factor of production which regarded as lubricant to the process of production isa Machine c Moneyb Method d Material

2 Who considered division of labour as an important element in economic development? a Amartya Sen c Peter Drucker b Adam Smith d Karl Marx

3 The project report is useful to attract:a Lenders c Innovatorsb Investors d Both A & B

4 The utilities include in project report :a Water c Powerb Fuel d All of these

5 Which statement about innovative firms is not true?a When traded, innovative firms command

higher prices.c If firms do not innovate, they are

doomed.b Firms that commit themselves to internal

innovation tend to do better.d In accounts, intellectual property

cannot be counted as an asset.6 The entrepreneur utilizes the resources through:

a Identifying and evaluating the opportunity c Implementing the business planb Developing a business plan d Manage the enterprise

7 What is the process by which individuals pursue opportunities without regard to resources they currently control?a Startup management c Financial analysisb Entrepreneurship d Feasibility planning

8 The business plan a Helps determine the viability of your

enterprisec Guides you as you plan and

organizeb Helps you obtain financing d All of these

9 After generation of idea what is the next step in promotion of venture?a Carrying detailed information c SWOT analysisb Exploring the possibilities d All of the above

10 Which one of the following may need the business plan?a Employees c Advisorsb Investors d All of the given options

11 Which one of the following gives suggestions for new product and also helps to market new products?a Existing products and services c Federal governmentb Distribution channels d Consumers

12 Information regarding all of the following is related to operations, EXCEPT:a Location c Raw materialsb Promotion d Labor skills

Chapter XIProject Appraisal Weightage: 10

1 To know the financial position and requirement at various stages of the project by:a Balance sheet c Both A&B b Cash flow statement d Breakeven point

2 The assessment of a project is called:a Project report c Project planning b Project appraisal d All of these

3 The qualified and devoted staff is strength of: a Internal attributes c Both A&B b External attributes d None of these

4 It is used for pre crisis planning and preventive crisis management: a Planning c Interpretingb Reporting d SWOT

5 High investment in machine and poor capacity utilization is __________ of business:a Strength c Opportunitiesb Weakness d Threats

6 A risk which cannot be insured and incalculable isa Invention c Uncertainityb Planning d Monopoly

7 Is the action and review of the enterprise from time to time :a Planning c Monitoringb Evaluation d Decision making

8 If the assets exceed liabilities, the business is financially :a Healthy c Medium b Weak d None of these

9 The method widely used for forecasting a Buzz secession c Brain storming b Huddle system d Delphi technique

10 A useful technique to analyze situation a SWOT c OSWTb BOAT d All of the above

11 While starting a new venture, which of the following is the most important for the entrepreneur, to make an assessment of?a Risk c Marketb Profit d Competitors

12 In which of the following situation the enterprise is considered to be on breakeven point?a No profit no lose c Expenses are higher then profitsb Profits are higher than expenses d None of the given options

13 The _________ plan should contain control points to ascertain progress.a Business c Financialb Marketing d Operational

14 The situation analysis is aa Defining Target Market/Opportunities and

Threatsc A review of where the company

has been and considers environmental factors

b Considering Strengths and Weaknesses d None of the options given15 One of the difficult decisions

a Is about the distribution of the product c Is about the promotion of the product

b Is determining the appropriate price for the product

d None of the options given

16 Cash flow isa The result of subtracting expenses from sales c Both a and bb The result of subtracting actual cash payments

expenses from actual cash receiptd None of the above

17 Current ratio is commonly useda To measure the ability of the venture to collect

from its customersc To measure the short term solvency

of the venture b To measure the ability of the venture to sell its

inventory quicklyd None of the above

18 Which of the following is the most important factor for the entrepreneur, while starting a new venture, to make an assessment of business?a Profit c Market b Risk d Competitors

19 ____________ are activities that the organization is doing well.a Strengths c Opportunitiesb Weaknesses d Threats

20 ___________ are negative and unfavorable external trends and changes that the entrepreneur will probably want to avoid or at least buffer against.a Strengths c Opportunities b Weaknesses d Threats

21 Economic analysis is used to evaluate the effectiveness of a proposed system. This method is also known asa Financial plan c Cost/benefit analysisb Economic feasibility d Overall schedule

22 Market feasibility study should include:a Anticipated future market potential and current

market analysisc Avoiding the pitfall of managerial

probabilitiesb Evaluated risk involved d Product and services are optimally

designed23 Why should an entrepreneur do a feasibility study for starting a new venture?

a To see if there possible barriers to success c To estimate the expected sealsb To identify possible sources of funds d To explore potential customers

24 Application of SWOT analysis assumes relevance for a Identification of projects c Both a & bb Final selection of projects d None of these

Chapter XIIMarketing Management Weightage: 6

1 The current information regarding any market is termed as a Market information c Market intelligence b Market news d All of the above

2 Which item is not a stage of the product life cycle?a Decline c Introductionb Growth d Shakeout

3 Which of the following is an aspect of market research?a Finding out about international markets c Choosing distribution channelsb Monitoring marketing performance d Comparing rivals' products

4 Which one of the following is a barrier to new product creation and development?a Trial and error c Opportunity costb Opportunity parameter d Intrapreneurship culture

5 What is a target market?a A group of customers a venture reaches by

accidentc A specific group of potential

customers toward which a venture aims its marketing plan

b All consumers who purchase the venture’s product

d A chain of discount stores

6 Which one of the following gives suggestions for new product but also helps to market new product in the market?a Existing products and services c Federal governmentb Distribution channels d Consumers

7 Marketing research involves the gathering of data in order to determine information as:a Who will buy the product c Both of theseb What prices d None of these

8 Profit or net income measuresa How business is operating c How efficiently business is

operatingb How effectively the business is operating d None of the above

9 __________ is usually represents one or more segments of the entire market.a Local market c Market orientationb Target market d Market segmentation

10 Which one of the following effectively controls the objectives of Marketing Plan? a Product promotion strategy c Monitoring b Distribution Strategy d Pricing Strategy

11 The marketing perspective of business plan considers the venture through the eyes of:a Investor c Entrepreneurb Customer d Marketing manager

12 Major ingredients of a business opportunity are a Technically feasible c Socially acceptableb Economically viable d All the above

13 Marketing communication meansa Promotion c Communication in organizationb Propaganda d None of these

Chapter XIIIManaging Enterprise Weightage: 7

1 For motivation and developing managerial skill which of the following is most useful?a Counseling c Awarenessb Training d Encouragement

2 Which of the following is helpful to the entrepreneur in deciding the course of action of enterprise?a Follow up c Planningb Monitoring d None of them

3 An integral part of any fruitful activity isa Planning c Coordinationb Cooperation d Directing

4 A sample market is surveyed before the new product is offered for sale : a Vicarious method c Complete enumeration survey b Sample survey d Sales experience method

5 The most of enterprises fall sick because of:a Scare labour c Mismanagementb Lack of finance d Lack of market

6 The government play role in managing enterprise as a:a Regulator c Both A&B b Promoter d None of these

7 Is essential after starting the enterprise:a Evaluation c Trainingb Monitoring d Teaching

8 Identify the best definition of planninga Devising ways of achieving the objectives of

an organisation.c Setting an organisation's objectives

and the means of reaching them.b An integrated process, in which plans are

formulated, carried out and controlled.d The core activity of planners and

planning departments.9 There are three levels of planning. What are they?

a Top, middle and bottom c Operational, intermediate and strategic

b Headquarters, divisional and local d Strategic, administrative and functional

10 For the success of business plan the goals should bea Limitless c Specificb Generalized d Imaginary

11 A legally binding agreement between two parties is called:a A contract c Insuranceb Licensing d A copyright

12 A successful entrepreneur relies on which of the following for critical management advicea Internal management team  c Financial sourcesb External management professionals d No one

13 First stage of production planning and development processes isa Idea stage c Establishing and evaluating criteria

stageb Concept stage d None of the above

14 One of the most frequent reasons an entrepreneur forms a joint venture is to share the ________________.a Resources c Cost and risk of a project b Cost d Profit

15 The decision to start a new business is taken when one perceives that forming a new business is:a Possible c Accurateb Desirable d Both a and b

16 Which of the following factors has allowed small companies to act like they are big ones?a Competition c Technologyb Economic development d Customers

Chapter XIVWomen Entrepreneurship Development Weightage: 41 Women’s Entrepreneurship Development Programme was started in

a 2007 c 2009b 2008 d 2011

2 Which year is considered as “Year of Women Empowerment”a 2001 c 2011b 2005 d 2015

3 ICAR-Central Institute for Women in Agriculture” (ICAR-CIWA) is situated in a New Delhi c Hyderabad b Bhubaneswar d Lucknow

4 How much percentage of India’s self-employed farmers are womena 29 c 37b 32 d 48

5 Globally, among all the entrepreneurs women entrepreneurs constitute a 1/2 c 1/4b 1/3 d 1/5

6 Federation of Indian Women Entrepreneurs (FIWE), a National-level organization, founded in a 1993 c 2005b 2003 d 2013