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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)
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Main Subject
Sub Subject
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)
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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