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Identification of Entrepreneurial Opportunities and Feasibility Study

Board » Bihar Board » Class 12th » English Medium » Commerce » Entrepreneurship (EPS) » L-4: Identification of Entrepreneurial Opportunities and Feasibility Study

Objective Questions (MCQs)

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1. An entrepreneur is both a worker and a ............?

  • (A) investor
  • (B) manager
  • (C) owner
  • (D) none of the above
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2. Entrepreneurs have the responsibility to meet in which the following obligation?

  • (A) Statutory
  • (B) Managerial
  • (C) Neither A nor B of the above
  • (D) A and B above
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3. Which of the following is not to be considered while selecting a product or service?

  • (A) Marketing Assessment
  • (B) Practicability
  • (C) Competition
  • (D) Product planning
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4. Which of the following is not included in the prestart up stage while starting a new venture?

  • (A) Identification of business concept
  • (B) Financial planning
  • (C) Product market study
  • (D) Early growth stage
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5. Out of the following, what is essential to study in a feasibility study?

  • (A) Cost
  • (B) Price
  • (C) Govern
  • (D) All of the above
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6. Which of the following is not a stage for starting a new venture?

  • (A) Pre-start up stage
  • (B) Start up stage
  • (C) Product market stage
  • (D) Later growth stage
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BSEB 2018, 2019

7. Which of the following factors is to be considered while selecting a product or service?

  • (A) competition
  • (B) cost of production
  • (C) profit possibility
  • (D) all of the above
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