Entrepreneurship Exam Questions And Answers Pdf

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There is difference between a manager and an entrepreneur. True 2. Innovativeness is essential for an entrepreneur. True 3. Self-help groups are formed by the government. False 4. False, Entreprendre 5. Entrepreneurship helps in increasing Government revenue. True 6. Self-help groups are generally the group of rich people. False, Poor 7. IIE was established in the year True, In Guwahati 8. Entrepreneurs are born, not made. False, Entrepreneurs are made, not born 9. True An entrepreneur is his own master. An entrepreneur is a good decision maker.

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Entrepreneurship Revision Questions and answers

Women entrepreneurs have same amenities like male entrepreneurs. The chief goal of entrepreneurship is pilot study to establish an enterprise. Choose the correct answer Creation, innovation and entrepreneurship are three foundations of entrepreneurship development Fill in the blank Write True or False Name Joseph A. Theory of Innovation There is no difference between a manager and an entrepreneur. Innovation theory of entrepreneur was advocated by J. Jean-Baptiste Say introduced the term entrepreneurship. Fabian entrepreneurs are shy and lazy. Drone entrepreneurs are those who generally struggle to survive.

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Fabian entrepreneurs are active. False, Passive The concept of venture capital was originated in USA. All entrepreneurs in NE region generally venture in Traditional activities. Mention an adverse impact of globalization on the Indian economy. Ans: Rise in demand for labour and the rise in wage rates leading to some increase in costs. Mention one of the objectives of Business Planning. Ans: To achieve desired objectives Which one of the distinctive qualities is essential of an entrepreneur?

JAC Class 12th Model Question Paper 2021 [ PDF ]

Exam - 1 Fundamentals of Telecentre Question 1: Where the first community technical telecentre was opened? C Question 3: What are the main objectives of Telecentre? D Question 4: In Europe telecentres are known as? B Question 8: ICT stands for? A Question 2: Select the types of Entrepreneurs from the following. Select the correct Characteristics of entrepreneur. D None Question 4: Small firms are more likely than large companies disappear from the market because of the following reasons?

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A Question 5: Following are the major mistakes Entrepreneurs do during the operation. A Question 7: Entrepreneurship operates within an entrepreneurship ecosystem which often includes: D Question 8: Entrepreneurship is the process of designing, re - launching and running an Existing Business. B Flexibility Question Entrepreneurship has been described as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. A Question 2: Choose the correct objective of e-district from the below options.

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A Question 4: Bharat BillPay is a one-stop bill payment platform for the bills like? B 18 - 65 years Question 9: Which scheme promotes the efficient use of energy at the residential level through LED lights? It will provide life insurance coverage on the death of the policyholder. B 6 crore Question 7: A Biometric device is security identification and authentication devices which verifies or recognize the identity of a living person by following characteristic: B Fingerprints Question 8: The Aadhaar Enabled Payment System AEPS gives the following banking facility to the citizens. C Cyber safety Question 2: Cyber Ethics refers to appropriate, responsible and ethical online behaviour that governs all our interaction with other Internet users and emphasizes on the exercise of cyber values.

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A Question 6: Choose the correct step for smartphone safety from the following. A Question 7: Public Wi-Fi hotspots can give hackers easy access to your phone. Question 9: Copyright does not exist forever. It applied only for a specific duration. After the expiry of the specified time, the work falls in the public domain and is then open to public for use without the permission of the owner. A TRUE Question In social media safety it is important to disabled the following option to avoid revealing your location to others. A Question 2: Choose the correct objectives of Finance and Accounting from the following options below. B Kautilya Question 4: The main purpose of accounting is to ascertain profit or loss during a specified period, to show financial condition of the business on a particular date.

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A Question 5: Book — keeping is associated with which part of the accounting. C Recording of Transactions Question 6: An accountant is required to take part in matters of management, control and planning of economic resources. A Question 7: Choose the correct Nature of Accounting from the below options: B Question 8: Accounting is rightly referred the "language of business". A Question 9: Select the correct Branch of Accounting from the below options: A Financial accounting Question A transaction is a stimulus from one person and a related response from another. Choose the correct option. Question 2: Petroleum products are taxed separately by the individual state governments. C Jul Question 4: The tax rates, rules and regulations are governed by the Goods and Services Tax Council which comprises finance ministers of centre and all the states.

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Entrepreneurship Revision Questions and answers. Preface vii 1. Entrepreneur can be a career option for you. Entrepreneurship Question and Answer. There is the need to make students self-reliant. Here you will learn the qualities of an entrepreneur, his importance and role. Entrepreneurial Development Programme. Answer these questions in the light of business families. In other words, it is the inculcation, advancement, and grooming of entrepreneurial skills into a person needed to establish and successfully run an enterprise.

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Entrepreneurship Development Programme. Determine if the following statement is true or false: When developing an exit strategy for an entrepreneurial venture, the most important consideration is finding a suitable buyer. Page 2. Conflict are possible in family business you agree to the use of cookies this. What you know about the theory and practice that you should ask an entrepreneur, Entrepreneurship ! In this lesson you shall learn in detail about Entrepreneurship the concept, its.! Skills as either entrepreneurs or intrapreneurs business Week, Fortune you Need to know about entrepreneurs to start. In this you. Here are the factors that have contributed to the concepts of Entrepreneurship in Technical and Vocational is. To ensure that operational demands are catered for many contexts in the light of business.!

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After writing the exam, the score will pop up immediately displaying your score over 50 and over If you need help comment below. How many marks do they give in GES workbook Though the mark fluctuates sometimes, but last session, 25 marks were given to every student that submitted his or her GES workbook. So, whatever you score on the exam day will be added to the 25 marks given you your real score. Practice questions for Uniport GES These questions are not guaranteed that it must come out on your exam day, you can still read your textbook, past questions, then practice with this one to enable you see miscellaneous questions you would see on the exam day.

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Self b. Need d. Income redistribution b. Employment potential c. Creating awareness for the product b. Providing benefits and value to the customers c. Define the opportunity problem b. Design the method c. Develop the solution d. Product development b. Marketing research d. Customer purchase trend d. False c. None of the above d. Only a and b Which one of these is inexpensive alternative to survey myth? Archival research b. Cross-section survey d. Franchising theory b. Personality Theory d. Franchise b. Acquisition d. Low income b. Strong code of ethic d. Be a visible role model b. Communicate ethical expectations c. Ethics b. Corporate social responsibility d. Corporate reputation b. Owned and managed by a person b.

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Owned and managed by family members d. Wall Mart b. Sony c. Agofure d. Family b. Production d. Chief Femi Otedola b. Bill Gates d. He is creative, regularly scans the environment, and can see beyond the ordinary b. He has cash and connection c. He has God father in business d. Changing the environment c. Innovative mindedness d. Environmental analysis b. Ownership status c.

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Risking bearing d. He is creative, values relationships, and delivers customer superior values b. He believes in transaction paradigm c. He takes business secret d. True b. All of the above d. Factors and actors that influence decision-making b. The internal factors only that influence decision making c. The external factors only that influence decision-making d. Economy c. Suppliers What is the critical reason for engaging in entrepreneurship? Make profit b. Play c. Address of registered office c. Planning, organizing, directing, co-ordinating, and controlling b. Planning, organizing, directing, fashioning and controlling c. Informing, organizing, directing, co-ordinating and controlling d. Necessity c. Innovation d. Opportunity b. Copying c. Debenture d. Locus of control b. Risk taking propensity d. Entrepreneurial alertness b. Entrepreneurial posture d. Being passionate in the community b.

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Helping communities to define their problems c. The first in the industry b. One of the first in the industry c. Skinner c. Professor Everette Rogers d. Unemployment b. Wealth creation c. Attractiveness of an enterprise b. Availability of funds c. Entrepreneurship education d. Geography b. Culture d. Profitably None of the above d. All of the above Which best defines an industry? A place goods and services are manufactured b.

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A group of firms that compete amongst themselves d. Agriculture b. Mining c. Frank Gilbert c. Taylor Who is associated with the Hawthorne experiment and human relations management? Henri Fayol b. Elton Mayo d. Taylor Which is not a basis for assessing opportunities?

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After writing the exam, the score will pop up immediately displaying your score over 50 and over If you need help comment below. How many marks do they give in GES workbook Though the mark fluctuates sometimes, but last session, 25 marks were given to every student that submitted his or her GES workbook. So, whatever you score on the exam day will be added to the 25 marks given you your real score.

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Practice questions for Uniport GES These questions are not guaranteed that it must come out on your exam day, you can still read your textbook, past questions, then practice with this one to enable you see miscellaneous questions you would see on the exam day. Self b. Need d. Income redistribution b. Employment potential c. Creating awareness for the product b. Providing benefits and value to the customers c.

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Define the opportunity problem b. Design the method c. Develop the solution d. Product development b. Marketing research d. Customer purchase trend d. False c. None of the above d. Only a and b Which one of these is inexpensive alternative to survey myth? Archival research b. Cross-section survey d. Franchising theory b. Personality Theory d. Franchise b. Acquisition d. Low income b. Strong code of ethic d. Be a visible role model b. Communicate ethical expectations c. Ethics b. Corporate social responsibility d. Corporate reputation b. Owned and managed by a person b. Owned and managed by family members d.

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Wall Mart b. Sony c. Agofure d. Family b. Production d. Chief Femi Otedola b. Bill Gates d. He is creative, regularly scans the environment, and can see beyond the ordinary b. He has cash and connection c. He has God father in business d. Changing the environment c. Innovative mindedness d. Environmental analysis b. Ownership status c. Risking bearing d. He is creative, values relationships, and delivers customer superior values b. He believes in transaction paradigm c. He takes business secret d. True b. All of the above d. Factors and actors that influence decision-making b. The internal factors only that influence decision making c. The external factors only that influence decision-making d. Economy c. Suppliers What is the critical reason for engaging in entrepreneurship? Make profit b. Play c. Address of registered office c. Planning, organizing, directing, co-ordinating, and controlling b. Planning, organizing, directing, fashioning and controlling c.

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Informing, organizing, directing, co-ordinating and controlling d. Necessity c. Innovation d. Opportunity b. Copying c. Debenture d. Locus of control b. Risk taking propensity d. Entrepreneurial alertness b. Entrepreneurial posture d. Being passionate in the community b. Helping communities to define their problems c. The first in the industry b. One of the first in the industry c. Skinner c. Professor Everette Rogers d. Unemployment b. Wealth creation c. Attractiveness of an enterprise b. Availability of funds c. Entrepreneurship education d. Geography b. Culture d. Profitably None of the above d. All of the above Which best defines an industry? A place goods and services are manufactured b. A group of firms that compete amongst themselves d. Agriculture b. Mining c. Frank Gilbert c. Taylor Who is associated with the Hawthorne experiment and human relations management? Henri Fayol b. Elton Mayo d. Taylor Which is not a basis for assessing opportunities?

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Describe the eight steps followed in the decision making process 8mks c. Enumerate the benefits that may accrue to an entrepreneur who is able to attract, satisfy and retain customers 6mks b. Name six sources of ideas available to an entrepreneur. Briefly explain strategies that could be adopted by entrepreneurs to attract and retain customers 8mks QUESTION FOUR Upon identification of firm's resources, an entrepreneur should apply a set of guidelines to determine which these resources generate core competencies necessary for sustained competitive advantage.

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Citing examples, define the following types of resources: i. Tangible asset 3mks ii. Intangible assets 2mks iii. Organizational capabilities 3mks b. Briefly explain four reasons why an entrepreneur may venture into the global market 8mks b. Outline four types of reports that could be prepared by an entrepreneur 8mks b. Distinguish between a memorandum and a business letter 6mks c. Describe some practices adopted by entrepreneurs which are unethical and impact adversely on customers 8mks b.

JAC Class 12th Model Question Paper [ PDF ]

Explain the significance of entrepreneurship in Nepal. State and explain the success factors of women entrepreneurship. What are the factors affecting entrepreneurial growth? What is entrepreneurial competency? Explain the need for entrepreneurial competency development ECD. What is idea generation? Explain the techniques for generating idea. What are the legal requirements for venture creation? What is entrepreneurial venture? Discuss the intrapreneurial leadership characteristics. What is business plan? Discuss the steps in preparing marketing plan. Critically examine the roles of financial institutes in the entrepreneurship development in Nepal.

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EDP Entrepreneurship Development Programmes is required to help: a Existing entrepreneurs b First generation entrepreneurs c Future generations entrepreneurs Answer these questions in the light of business families. Entrepreneurship multiple choice questions and answers on Entrepreneurship MCQ questions quiz on Entrepreneurship objective questions. Trivia Quizzes to test your knowledge on the subject. Cxc past questions and answers — principles of business.

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