Entrepreneurship Solved MCQs (Set-5)

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Entrepreneurship MCQs [set-5]

101. Entrepreneur is a person or a group of persons who bears ------------------.


A. Risk
B. Loss
C. Certainty
D. None of these.
Answer: A

102. The function performed by entrepreneur is called -------------------.


A. Management
B. Enterprise
C. Entrepreneurship
o m
D. Administration. . c
Answer: C
t e
103. The concept of entrepreneurshipM
a
involves ------------------ key elements.
A. 6
cq
B. 7
C. 4
M
D. 3.
Answer: C

104. Entrepreneurship is a -------------------.


A. Person
B. Process of action
C. Object
D. None of these.
Answer: B

105. Enterprice is a ---------------------.


A. Object
B. Person
C. Process of action
D. None of these.
Answer: A

106. The reward for the entrepreneur is ---------------------.


A. Salary
B. Wage
C. Profit
D. None of these.
Answer: C

107. -------------------- operated from within the organization itself.


A. Entrepreneur
B. Intrapreneur
C. Organizer
D. None of these.
Answer: B

108. The willingness to face the losses arising from the uncertainties in the field of
business bravely called .
A. Risk bearing
B. Loss
C. Uncertainty
D. Certainty.
Answer: A

109. ------------------ Entrepreneurs are imitating the successful innovations made by


other entrepreneurs.
A. Imitating
B. Fabian
C. Rational
D. Cognitive.
Answer: A

110. ---------------- Entrepreneurs are shy and lazy .


A. Drone
B. Cognitive
C. Fabian

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D. Trading.
Answer: C

111. ---------------- entrepreneurs undertakes a trading activity.


A. Busines
B. Technical
C. Low-tech
D. Trading.
Answer: D

112. ------------ entrepreneur is a craftsman.


A. Professional
B. Technical
C. ) Redact
D. Corporate
Answer: B

113. ---------------- entrepreneur undertakes agricultural activities.


A. Pure
B. Service
C. Agricultural
D. Induced.
Answer: C

114. A ------------- entrepreneur is an individual who plans, develops and manages a


corpotate enterprise.
A. Corporate
B. Motivated
C. Industrial
D. None of these.
Answer: A

115. ------------------- entrepreneurs are concerned only with developing alternative


marketing strategies to promote the business.
A. Technical
B. Industrial
C. Trading

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D. Non technical.
Answer: D

116. ---------------------- entrepreneurs are motivated by psychological and economic


rewards.
A. Professional
B. Pure
C. Induced
D. None of these.
Answer: B

117. ---------------- entrepreneurs follow the traditional method of production.


A. Drone
B. Rational
C. Fabian
D. Imitating.
Answer: A

118. ------------- entrepreneur hardly introduces anything revolutionary and follows


the principle of rule of thumb.
A. Cognitive
B. Rational
C. Empirical
D. None of these.
Answer: C

119. ------------------ entrepreneur who starts business with the help of his natural
talents.
A. Induced
B. Spontaneous
C. Growth
D. Classical entrepreneur.
Answer: B

120. ------------- is a stereo-typed entrepreneur.


A. Professional
B. Modern

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C. Classical
D. none of these.
Answer: C

121. ---------------- is the miner state of mind.


A. Desire
B. Strivings
C. Motivation
D. None of these.
Answer: C

122. There are ------------- basic elements in the process of motivation.


A. 3
B. 6
C. 2
D. 8.
Answer: A

123. --------------- is the 1st needs of Maslow’s needs hierarchy theory .


A. Esteem
B. Social
C. Safety
D. physiological.
Answer: D

124. ----------------- is the last need of Maslow’s needs hierarchy theory.


A. Self actualization need
B. Physiological needs
C. Social needs
D. Safety needs.
Answer: A

125. According to David Mc Cleland a person acquires ---------------- types of needs


from his life experience.
A. 4
B. 9
C. 5
D. 3.

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Answer: D

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