Q. Business or project ideas can be generated from:
✅ Correct Answer: (C)
Both Internal & External
Entrepreneurship MCQs and Notes
Q. In SWOT analysis Strength and weakness relates to:
✅ Correct Answer: (A)
Entrepreneur
Q. Dimensions of Business Environment consist of:
✅ Correct Answer: (D)
All of the above
Q. Characteristics of Business environment include:
✅ Correct Answer: (C)
All of the above
Q. Success of enterprise depends on:
✅ Correct Answer: (A)
Both entrepreneur and enterprise are good
Q. Commercial exploitation of indigeneous or imported technology and knowhow is another source of
✅ Correct Answer: (B)
project idea
Q. “Promotion is the discovery of business opportunities and subsequent organisation of funds, property and managerial ability into a business concern for the purpose of earning profit thereon.” this definition is given by:
✅ Correct Answer: (A)
C.W Gerstenberg
Q. Internal environmental factor includes
✅ Correct Answer: (C)
both a and b
Q. The investigation will help him to reach a conclusion as to the feasibility and prospect of the whole proposal is depend on
✅ Correct Answer: (B)
preliminary investigation
Q. The financial plan for meeting the cost of the project depends on how accurately estimated with
✅ Correct Answer: (A)
cost