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Selection and Setting Up of an Enterprise

Board » Bihar Board » Class 12th » English Medium » Commerce » Entrepreneurship (EPS) » L-5: Selection and Setting Up of an Enterprise

Objective Questions (MCQs)

Question
Multiple Choice
VVI
Verified
ID- 6371

1. A successful entrepreneur must possess the quality of the following—

  • (A) Leadership
  • (B) Control
  • (C) Innovation
  • (D) All of these
Multiple Choice
Verified
ID- 6372

2. Requisies of a successful enterprise are—

  • (A) Well defined organisational goals
  • (B) Effective planning
  • (C) Both (A) and (B)
  • (D) Neither (A) nor (B) above
Multiple Choice
Verified
ID- 6373

3. ................. is defined as the discovery of business opportunities.

  • (A) Marketing
  • (B) Innovation
  • (C) Promotion
  • (D) None of the above
Multiple Choice
Verified
ID- 6374

4. ............. creates imperfection in the market which ultimately increased the volume of sales and profit.

  • (A) Promotion
  • (B) Innovation
  • (C) Both of the above
  • (D) None of the above
Multiple Choice
VVI
Verified
ID- 6375

5. An entrepreneur prefers which form of an organization if production is to be undertaken on small scale basis?

  • (A) Sole Trade
  • (B) Partnership
  • (C) Company
  • (D) None of the above
Multiple Choice
VVI
Verified
ID- 6376

6. What are the things that enterprises do? The paths they follow and the decision they take in order to reach certain points and levels of success.

  • (A) Production
  • (B) Distribution
  • (C) Marketing
  • (D) Strategies
Multiple Choice
Verified
ID- 6377

7. Out of the following which is defined as the discovery of business opportunities?

  • (A) Product
  • (B) Promotion
  • (C) Marketing
  • (D) Production
Multiple Choice
VVI
Verified
ID- 6378

8. The point considered while selecting an enterprise is—

  • (A) Product
  • (B) Marketing
  • (C) Availability of Capital
  • (D) None of the above
Multiple Choice
VVI
Verified
ID- 6379

9. Easy in formation is—

  • (A) Sole Trading
  • (B) Partnership firm
  • (C) Joint stock company
  • (D) None of the above
Multiple Choice
VVI
Verified
ID- 6380

10. Selection of an enterprise depends on—

  • (A) Sole Trading
  • (B) Right of Entrepreneure
  • (C) Self Ability of Entrepreneure
  • (D) None of the above
Multiple Choice
Verified
ID- 6381

11. Which aspect or aspects are to be kept in mind for preliminary screening?

  • (A) Consistency with government priorities
  • (B) Compatibility with promoter
  • (C) Availability of input
  • (D) All of the above
Multiple Choice
VVI
Verified
ID- 6382

12. The factor to be kept in mind while establishing an enterprise are—

  • (A) Selection of business
  • (B) Size of the unit
  • (C) Financial propositions
  • (D) All of the above
Multiple Choice
VVI
Verified
ID- 6383
BSEB, 2018

13. ............. of business also determines the form of organisation.

  • (A) Size
  • (B) Location
  • (C) Study
  • (D) None of the above
Multiple Choice
VVI
Verified
ID- 6384
BSEB, 2018

14. How will you formulate a general plan of business?

  • (A) By production planning
  • (B) By cost planning
  • (C) By financial planning
  • (D) By doing all of the above
Multiple Choice
VVI
Verified
ID- 6385
BSEB, 2018

15. What creates imperfection in the market which ultimately increases the volume of sales and profit?

  • (A) Innovation
  • (B) Promotion
  • (C) Marketing
  • (D) None of the above
Multiple Choice
VVI
Verified
ID- 6386

16. Which of the following is not a problem for the expansion of business?

  • (A) Risk management
  • (B) Profile planning and expense control
  • (C) Price policy
  • (D) Trend of Demand