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Possibilities and Strategies for Growth and Development in Business

Board » Bihar Board » Class 12th » English Medium » Commerce » Entrepreneurship (EPS) » L-21: Possibilities and Strategies for Growth and Development in Business

Objective Questions (MCQs)

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1. Element affecting growth rate is—

  • (A) competition
  • (B) change in technology
  • (C) Creativity
  • (D) All of these
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ID- 6602

2. Under market penetration—

  • (A) An asset 'scooter' is exchanged for new one
  • (B) An old asset 'scooter' is exchanged for new one
  • (C) An asset'scooter'is sold for cash
  • (D) An asset'scooter'is sold on line purchase system
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3. Integration internally—

  • (A) expanding internally
  • (B) expanding externally
  • (C) expanding internally and externally
  • (D) none of the above
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4. Conglomeration is a technique to—

  • (A) expand in the same industry
  • (B) diversity in other areas
  • (C) taking over other units
  • (D) divide the Organisation in sub-units
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5. Under franchising—

  • (A) Control on the product remains in the hands of franchisor
  • (B) Control on the product goes in the hands of franchisee
  • (C) Above (i) and (ii) both
  • (D) None of the above
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6. Generally, diversification is classified in—

  • (A) Two ways
  • (B) Three ways
  • (C) Four ways
  • (D) Five ways
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7. Merger means—

  • (A) Taking over one organisation by another organisation
  • (B) Combination of two or more business
  • (C) Acquiring controlling interest in other organisation
  • (D) None of these
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8. At the decline stage of growth—

  • (A) The enterprise finds it difficult to servive
  • (B) The enterprise starts incurring losses at an increasing rate
  • (C) The enterprise prefers to close its shutters
  • (D) All of the above
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9. In the maturity stage—

  • (A) Profit is less
  • (B) Profit has an increasing Trend
  • (C) Profit remains constant
  • (D) All of these
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10. Production in the start-up stage is in—

  • (A) limited quantity
  • (B) large quantity
  • (C) both
  • (D) none of these
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11. In the expansion stage—

  • (A) Business activities are diversified
  • (B) Enterprise opens new branches
  • (C) The enterprise finds itself in a good earning position
  • (D) All of the above
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