Entrepreneurship Management
1. Explain the emergence of entrepreneurs in society. Define the role of push and pull factors affecting women entrepreneurs.
2. Explain the relationship between Entrepreneurship and Entrepreneur.
3. What do you mean by venture capital and explain various stages of financing?
4. Select any consumer good product and discuss its planning and development stages in detail.
5. Answer any three of the following question.
a. Examine the difference between creativity and innovation.
b. State the difference between Entrepreneur and Intrapreneur.
c. Explain role of business angels
d. Reasons for failure of an entrepreneur
e. Process of setting up an enterprise.
6. What is feasibility report? What factors are required for preparing the report?
7. What is the role of commercial banks? Explain the types of assistance and finance given by them to the entrepreneurs.
8. “E-Commerce is a boon to small scale enterprises, `entrepreneurs and customers”. Explain.
1. What according to you are the critical factors contributing to the success of Chanel’s products?
2. Explain the qualities of successful entrepreneur with reference to the case study?
3. Critically examine the statement “Optimism and determination are the twin ingredients for success” in the case of Gabrielle Bonheur.
1. An entrepreneurial activities result into higher _________.
a. Employment
b. Education
c. Earnings
d. None of these
2. The role of entrepreneurship exists with reference to _________
a. Social
b. Economic
c. Technical
d. Market
3. An entrepreneurship may create _________.
a. An entrepreneurship may create _________.
b. Converting the ideas into action;
c. Bearing the risk and uncertainties involved
d. All of these
4. Intrapreneur is _________.
a. Employee
b. Promoter
c. Co-owner
d. Entrepreneur
5. An Entrepreneur fails because of _________.
a. Inadequate capital
b. Flaws in business plan
c. Weak marketing efforts
d. Uncertainty
6. The reward to entrepreneur for risk taking is __________.
a. Personal reputation
b. Product sale
c. Profit
d. Recognition
7. _________ is one of the training institutes for SSI units
a. IDBI
b. IIE
c. UTT
d. SBI
8. _________ is one of the important methods of collecting market data.
a. Market testing
b. Market Development
c. Market Research
d. All of the above
9. In India, small Scale industry investment in fixed assets does not exceed rupees _________.
a. 20 lakhs
b. 25 lakhs
c. 1 crore
d. 5 crore
10. The element of ________ is present in all economic activities.
a. Planning
b. Risk
c. Profit
d. Creativity
11. Women entrepreneurship requires___________.
a. Controlling
b. Assistance
c. Counseling
d. Direction
12. Imitative Entrepreneurs are __________.
a. Laggards
b. Duplicate the technology
c. Exemplified by great caution and skepticism
d. Focus on revolutionalisation
13. Long term sources of finance are _________.
a. Issue of shares & debentures
b. Overdraft facilities
c. Trade credit
d. Factoring
14. National Bank for Agricultural and _________ development.
a. Risk
b. Reward
c. Rural
d. Regional
15. NIESBUD was established in the year _________.
a. 1957
b. 1961
c. 1974
d. 1983
16. Entrepreneurs make the economy more __________
a. Concrete
b. Competitive
c. Compact
d. Convenient
17. ________, outputs & benefits are three basic dimensions of the business.
a. Employees
b. Inputs
c. Profit
d. Risk
18. Project feasibility study not comprises of _____
a. Market Analysis
b. Economic analysis
c. Political Scenario
d. Financial analysis
19. ________ is a person who comes up with new product ideas
a. Innovator
b. Scientist
c. Creator
d. Researcher
20. TCO stands for _________ consultancy organizations
a. Time
b. Technical
c. TATA
d. Technological
21. Entrepreneurship can best be described as---
a. A process that require setting up a business
b. Taking a significant risk in a business context
c. A process involving innovation, new products or services, and value creation.
d. The generation of new jobs
22. Which of these statements best describes the context for entrepreneurship?
a. Entrepreneurship takes place in small businesses
b. Entrepreneurship takes place in large businesses
c. Entrepreneurship takes place in wide variety of context
d. Entrepreneurship does not take place in social enterprises
23. Entrepreneurs are always motivated by---
a. Independence
b. Money
c. Personal values
d. Pull & push influences
24. Innovation can be best defined as---
a. The generation of new ideas
b. The evolution of new ideas
c. The opposite of creativity
d. The successful exploitation of new ideas
25. Which of the following is not an advantage that large firm hold over small firm in managing innovation?
a. Large firms are more likely to attract highly skilled specialists, often for R&D
b. Large firms are more able to employ patent and legal specialists
c. Large firms are more able to raise venture capital and spread risk
d. Large firms are more able to market existing products with comprehensive distribution and servicing networks
26. In which of the following countries is entrepreneurial activity most prevalent?
a. Japan
b. Germany
c. United states
d. Great Britain
27. Which of the following is not a characteristic of a typical entrepreneur?
a. Preference for taking high risks
b. Desire for responsibility
c. Desire for immediate feedback
d. Confidence in their ability to succeed
28. The primary motivating force behind entrepreneur is---
a. Recognition
b. Fame
c. Money
d. Achievement
29. Women entrepreneurs’ are—
a. Are opening businesses in record number although it is at a pace much slower that of men?
b. Launch businesses that are smaller than those of men
c. Launch businesses that have a higher survival rate
d. All of the above
30. Today home based businesses---
a. Today home based businesses---
b. Are booming because of their low start up costs, flexibility & ability to take advantage of modern technology.
c. Are so small that they produce negligible incomes for their owners
d. all of the above
31. People who own operate and take risk of a business venture are---
a. Employee
b. Entrepreneur
c. Manager
d. Owner
32. ....................... are entrepreneurial couples who work together as co-owners of their businesses
a. Dropouts
b. Copreneurs
c. Castoffs
d. Angels
33. Nearly two years ago, Terry launched a business that has just failed. As a typical entrepreneur, what will Terry most likely do?
a. Go to work for a major corporation
b. Try to learn from his failed venture so that he will not make the same mistake in the future.
c. Give up on becoming a successful entrepreneur
d. Spend the rest of his life wondering that happened in his business
34. NSIC Stands for---
a. National small Industries Corporation
b. New Small Industries Corporation
c. New state Industries Corporation
d. None of these
35. Services rendered by SSI Office---
a. Training & skill up gradation
b. Managerial consultancy
c. Technology up gradation
d. All of these
36. Material management refers to—
a. Movement of production material from stage of acquisition to consumption
b. Movement of production material from stage of production to consumption
c. Movement of production material from stage of work in progress to consumption
d. None of these
37. Supplier is evaluated on the basis of---
a. Price
b. Quality & quantity
c. Service
d. All of these
38. SIDBI Stands for---
a. Small Industrial development bank of India
b. State Industrial development bank of India
c. Small Investment development bank of India
d. None of these
39. Out of these which is not a financial Institution supporting small businesses---
a. NABARD
b. SFC
c. EDII
d. SIDBI
40. Working capital required by an entrepreneur to---
a. Purchase raw material & short term operations
b. Purchase Permanent assets
c. Expand business
d. None of these
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University: AMITY Year: 2015