71
The social responsibility towards business includes
A)
Responsibilities of owners towards Entrepreneur
B)
Responsibilities of consumers towards Entrepreneur
C)
Responsibilities of employees towards Entrepreneur
D)
All of the above
Answer & Solution
Answer: Option
D
72
Which of the following statements are correct?Statement I The first stage in project development process is feasibility.Statement II Feasibility analysis is done after the preparation of business plan.Statement III Feasibility analysis comparison of market, technical operational, organisational and financial analysis.
A)
Both Statements I and II
B)
Both Statements II and III
C)
Both Statements I and III
D)
All of the above
Answer & Solution
Answer: Option
C
73
What are the response of the business in respect of social responsibility?
A)
Increase goodwill
B)
More profit
C)
Expansion and development of business
D)
All of the above
Answer & Solution
Answer: Option
D
74
Micro or Small Enterprise (as defined in the MSMED Act, 2006) may be said to have become sick, if
A)
any of the borrowal account of the enterprise remains NPA for ten months or more
B)
any of the borrowal account of the enterprise remains NPA for eight months or more
C)
any of the borrowal account of the enterprise remains NPA for five months or more
D)
any of the borrowal account of the enterprise remains NPA for three months or more
Answer & Solution
Answer: Option
D
75
Which is the concept of entrepreneurship as per 'Thomas Begley' and 'David P. Boyd'?
A)
Need achievement
B)
Locus of control
C)
Tolerance for ambiguity
D)
All of these
Answer & Solution
Answer: Option
D
76
In some countries, point of purchase displays are not allowed in retail stores. Such differences are studied by international entrepreneurs under . . . . . . . .
A)
Economic Environment
B)
Political Environment
C)
Cultural Environment
D)
Technological Environment
Answer & Solution
Answer: Option
D
77
Who among the following are associated with the concept of 'Entrepreneurship'?
A)
1, 2, 3 and 4
B)
2, 3, 4 and 5
C)
1, 3, 4 and 5
D)
1, 2, 4 and 5
Answer & Solution
Answer: Option
B
78
Preparation of a business plan as a pre-requisite to a promotion of a business enterprise, relates to which one of the following?
A)
There is no flaws in the business idea, the fashion, conviction and tenacity of the entrepreneur
B)
Make arrangement for finance and prevent occurrence of NPAs by business entity
C)
Ensure that business entity works at break even level
D)
Make plan to raise finance from market and alternative investment opportunities
Answer & Solution
Answer: Option
A
79
Entrepreneurial experience becomes increasingly important as
A)
Work load increases
B)
Complexity of venture increases
C)
Complexity of work increases
D)
None of the above
Answer & Solution
Answer: Option
B
80
Match the following.
List-I (Types of Qualities) List-II (Features)
a. Physical
1. Personality
b. Mental
2. Sharp memory
c. Social
3. Coordinator
d. Ethical
4. Character
A)
a-1, b-2, c-3, d-4
B)
a-4, b-3, c-2, d-1
C)
a-1, b-3, c-2, d-4
D)
a-1, b-4, c-2, d-3
Answer & Solution
Answer: Option
A
