Entrepreneurship Development MCQs and Notes

M

Mohini Yadav • 26.78K Points
Instructor II

Q 1. MSMEs are important for the Nation's Economy because they significantly contribute to

(A) Industrial Production

(B) Exports

(C) Employment

(D) All of the above

S

Shiva Ram • 20.56K Points
Instructor III

Q 2. Why is the executive summary perhaps the most important section of the business plan?

(A) This section of the plan provides in-depth discussion of the major trends in the industry in which the firm intends to compete.

(B) This section of the plan summarizes the firm's key executives.

(C) If this section of the plan fails to attract an investor's interest, he or she is unlikely to read the remainder of the plan.

(D) This section of the plan deals with the day-to-day operations of the company.

R

Ranjeet • 24.26K Points
Instructor III

Q 3. All of the following are suitable questions to ascertain Product/Service Desirability EXCEPT:

(A) Does it make sense?

(B) Is the product or service financially feasible?

(C) Is this a good time to introduce the product or service in the market?

(D) Are there any fatal flaws in the product or service's basic design or concept?

P

Priyanka Tomar • 25.20K Points
Instructor II

Q 4. Entrepreneurs can recognize problems and find ways to solve them through each of the following EXCEPT:

(A) recognizing problems in emerging trends.

(B) identifying a currently available product or service and then building a business around a better version.

(C) framing a problem differently than it's been thought of before, and then proposing an appropriate solution.

(D) experiencing a problem in one's own life, and then realizing the solution represents a business opportunity.

G

Gopal Sharma • 27.68K Points
Instructor II

Q 5. A new venture's business plan is important because ______.

(A) It helps to persuade others to commit funding to the venture.

(B) Can help demonstrate the viability of the venture.

(C) Provides a guide for business activities by defining objectives.

(D) All the above.

G

Gopal Sharma • 27.68K Points
Instructor II

Q 6. A business plan is important for all of the following reasons EXCEPT:

(A) a business plan forces a firm's founders to systematically think through each aspect of their new venture.

(B) a business plan provides lenders and investors assurance that they will earn a decent return.

(C) a business plan provides an investor with something to react to.

(D) a business plan is a selling document that enables a company to present itself to potential suppliers and business partners.

R

Ram Sharma • 188.01K Points
Coach

Q 7. ………………………………. the process of collection, compilation and analysis of economic data for the purpose of finding out possible opportunities for investment.

(A) project screening

(B) project appraisal

(C) project identification

(D) none

M

Mohini Yadav • 26.78K Points
Instructor II

Q 8. ………………refers to any investment opportunity which is to be exploited for profit.

(A) product

(B) project

(C) share

(D) none of these

R

Ranjeet • 24.26K Points
Instructor III

Q 9. The Head Office of KINFRA is located at………………………

(A) thiruvananthapuram

(B) kozhikode

(C) ernakulum

(D) kannur

V

Vijay Sangwan • 18.30K Points
Tutor I

Q 10. Which of these is not a state level promotional institutions

(A) kitco

(B) ksidc

(C) niesbud

(D) sidco

Entrepreneurship Development

Q 1. MSMEs are important for the Nation's Economy because they significantly contribute to

Q 2. Why is the executive summary perhaps the most important section of the business plan?

Q 3. All of the following are suitable questions to ascertain Product/Service Desirability EXCEPT:

Q 4. Entrepreneurs can recognize problems and find ways to solve them through each of the following EXCEPT:

Q 5. A new venture's business plan is important because ______.

Q 6. A business plan is important for all of the following reasons EXCEPT:

Q 7. ………………………………. the process of collection, compilation and analysis of economic data for the purpose of finding out possible opportunities for investment.

Q 8. ………………refers to any investment opportunity which is to be exploited for profit.

Q 9. The Head Office of KINFRA is located at………………………

Q 10. Which of these is not a state level promotional institutions

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