Module 4 Entrepreneurship skills
1 A person who is associated with the starting of business is called........
A merchant
B entrepreneur
C businessman
D sales executive
2 As compared to small scale business, large scale business require........
A less no. of persons
B less no. of capital
C more no. of person
D small machines and tools
3 Entrepreneurship is also termed as…..
A investor
B employer
C self employment
D employment seeker
4 For medium manufacturing enterprises, the investment in plant and machinery is between….
A 10 Lakhs to 2 Crores
B 25 Lakhs to 5 Crores
C 2 Crores to 5 Crores
D 5 Crores to 10 Crores
5 In “SWOT” analysis, “S” stands for........
A Success
B Strength
C Survey
D Service
6 In an economic growth, role of entrepreneur is to........
A generate unemployment
B stagnate standard of living
C improve per capita income
D unbalance the regional development
7 In SWOT analysis which pair is helpful?
A Strengths, Weakness
B Strengths, Opportunities
C Threats, Weakness
D Threats, Opportunities
8 Money invested in purchasing of raw materials,payment of wages and salaries, rental, electricity etc comes under........
A working capital
B fixed capital
C long term capital
D capital income
Ans : A
9 MSME stands for........
A Micro, Scale and Medium Enterprises
B Macro, Small and Medium Enterprises
C Micro, Small and Medium Enterprises
D Minor, Small and Medium Enterprises
10 Paid form of ideas, goods and services are called........
A publicity
B goodwill
C public relation
D advertisement
11 The enterprises engaged in the production of goods is known as........
A manufacturing enterprise
B service enterprises
C micro enterprises
D macro enterprises
12 The expansion of GDP is........
A Gross Domestic Product
B Godown Demand Product
C Grand Demand Product
D Giant Domestic Product
13 The expansion of SIDO is........
A Small Industries Development Organization
B Small Income Development Organization
C Small Investment Development Organization
D Standard Industry Development Organization
14 What approach is used to gain access to foreign markets and quickly promote an organizations interest?
A Licensing
B Collaboration
C Joint venture
D Technology transfer
15 Which investment is considered for deciding the status of manufacturing enterprises?
A Working capital
B Building and land
C Plant and machinery
D Salary of employees
16 Which one is a correct channel through which marketers can reach customers?
A Manufacture -> Retailer -> Wholesaler -> Customer
B Manufacturer -> Customer -> Retailer
C Manufacturer -> Retailer -> Customer
D Manufacturer -> Retailer -> Customer -> Wholesaler
17 Which one is a web based accounting A software designed for modern business
B BUSY
C TALLY
D WINGS