MBA/MBA Entrepreneurship Management MCQ Set 5 Sample Test,Sample questions

Question:
"Not-invented-here (NIH) syndrome," "I already known it (IAKI)," "Prove it to me (PITM)," and "How on Earth could my firm possibly do that" are.

1.Legitimate reasons to maintain a conservative innovation policy

2.Innovation's worst enemies

3.Signs of weak management

4.None of the above


Question:
"Realizing that solid waste management is poor in India, some reasons were identified. One of the reason is almost zero segregation of waste at source. Waste segregation after collection is a very difficult task." How will you use this observation in challenge book?

1.Waste of efforts in segregation

2.Pain of citizens for poor solid waste management

3.Opportunity to use latest technology for Solid waste management

4.All of the above


Question:
"Recognizing that most of the future processes are going to be affected by blockchain technology", is an example of

1.Recognition of waste

2.Understanding the future wave

3.Feeling the pain of current users of technology

4.All of the above


Question:
A Business Model is related to

1.A way of doing Business

2.A perspective and a mode of looking at Markets

3.A mode of transaction

4.A structure of doing business involving market analysis and planning, revenue model and a plan of interacting with all the stakeholders involved.


Question:
A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be regarded as?

1.Ecopreneur

2.Technopreneur

3.Intrapreneur

4.Social Entrepreneur


Question:
A Micro Enterprise is an enterprise where investment in plant and machinery does not exceed (According to MSMED Act, 2006):

1.Rs. 15 Lakh

2.Rs. 20 Lakh

3.Rs. 25 Lakh

4.Rs. 30 Lakh


Question:
A women entrepreneur is supposed to have a minimum financial interest in share capital of entrepreneur's enterprise:

1.35 per cent

2.51 per cent

3.25 per cent

4.None of the above


Question:
According to MSME Act in India, what is the limit of investment in plant and machinery for a micro enterprises involved in manufacturing?

1.Rs 5 lakhs

2.Rs.20 lakhs

3.Rs.25 lakhs

4.There is no such limit in the act.


Question:
According to MSME Act in India, what is the limit of investment in plant and machinery for a small enterprises involved in services?

1.There is no separate classification for service and manufacturing organizations.

2.It is less than Rs 1 crore.

3.It is less than Rs 2 crore.

4.It is more than Rs 10 lakh but less than Rs 2 crore.


Question:
According to the __________, it can be concluded that firms have a competitive advantage in a market if they offer products of a higher perceived value to the customers and lower relative costs than competing firms.

1.Red ocean strategy

2.Analysis of national competitiveness

3.Blue ocean strategy

4.Competitive triangle


Question:
An entrepreneur has an amalgamation of

1.Thinking Ability, creativity, critical thinking, analytical abilities and originality.

2.Aptitude for Human Relations.

3.Communication Skills.

4.Financial Ability


Question:
As a business model

1.Amazon is same as Uber

2.Big Basket is same as Big Bazaar

3.Amway is similar to HUL Shakti

4.IBM is same as Del Computers


Question:
Basic framework of Insights is proposed on the basis of

1.Contentions

2.Information

3.Observation

4.Connections, Contradictions and Creative Desperation


Question:
Entrepreneurship ManagementWhich of the examples seem to be associated with Insight and Entrepreneurship.

1.Clocks

2.Footwear

3.Furniture

4.All the business and products are a resultant of Insight and Entrepreneurship


Question:
Family business always interested to handover the change of his business to:

1.Indian Administration Officers

2.Professional Managers

3.Next generation

4.None of the above


Question:
GATT is established in 1947, under:

1.German leadership

2.U.S. leadership

3.French leadership

4.U.K. leadership


Question:
Having less than 50 percent of equity share in an international venture is called:

1.Joint Venture

2.Majority interest

3.Minority interest

4.Exporting


Question:
Having more than 50% ownership position that provides the entrepreneur with managerial control is called:

1.Joint venture

2.Majority interest

3.Horizontal merger

4.Diversified activity merger


Question:
Information regarding all of the following is related to operations, EXCEPT:

1.Location

2.Promotion

3.Raw materials

4.Labor skills


Question:
Innovations provide

1.The primary means for differentiating your product from your competitors'

2.Higher profit margins

3.Potential barriers to entry

4.All of the above


Question:
Members of distribution channels are excellent sources for new ideas because:

1.They earn a handsome profit from new business

2.They are familiar with the needs of the market

3.They do not bother if entrepreneur bears a loss

4.They have well-developed sales force


Question:
Monetizing an idea to make money with some method of operations is known to be

1.Strategy

2.Scope

3.Business model

4.Business system


Question:
Social entrepreneurship can be defined as which of the following?

1.A process involving the innovative use and combination of resources to pursue opportunities to catalyze change and/or address social needs

2.Coming up with new solutions to social problems and then implementing them, often on a large scale

3.An attempt at the creation new social value through the creation of a new enterprise, such as self-employment, creating a new business or nonprofit, or the expansion of an existing social enterprise b

4.Any entrepreneurship is Social Entrepreneurship. /All of the above


Question:
Strategy Canvass is based on the framework of

1.Eliminate Raise

2.Eliminate Raise reduce create

3.Focus, Divergence and Compelling tagline

4.Offerings


Question:
The activity which occurs when the new venture is started is called:

1.Motivation

2.Business skills

3.Departure point

4.Goal orientation


Question:
The entrepreneur was distinguished from capital provider in:

1.Middle ages

2.17th century

3.18th century

4.19th and 20th century


Question:
The level at which an individual is viewed by society is called:

1.Financial status

2.Qualification

3.Social status

4.Achievement


Question:
Venture capital is concerned with:

1.New project having potential for higher profit

2.New project of high technology

3.New project having high risk

4.All the above.


Question:
What do you mean by PCT?

1.Patent Cooperation Treaty

2.Protection of Copyright Treaty

3.Patent and Copyright Treaty

4.None of the above


Question:
What do you mean by WIPO?

1.World Intellectual Property Right Organization

2.World Internet Protection Organization

3.World Intellectual Protection Organization

4.World Indicator of Patents Organization


Question:
What is not an essential condition to obtain patent?

1.Novelty

2.Non obviousness

3.Theory development

4.Industry application


Question:
What is the aim of a strategy canvas?

1.To avoid red oceans

2.To move towards uncontested market space

3.To increase a produce range

4.To beat competitors on prices


Question:
What is the general shape of a technology life cycle?

1.S curve

2.Normal distribution curve

3.Bell curve

4.Straight line


Question:
What is the innovation gap?

1.An opening that rivals might exploit

2.The time that elapses between invention and innovation

3.A nation's lack of inventiveness

4.An opening that can be exploited by an entrepreneur with a good idea


Question:
What is the role of technology forecasting in innovation?

1.It helps in understanding the future application of existing technology.

2.It helps in understanding the development of new technologies.

3.It helps in understanding the market of a technology.

4.All of the above


Question:
Which of the following describes the totality of the means people employ to accomplish desired tasks?

1.Innovation

2.Competitive advantage

3.Technology

4.Facilities


Question:
Which of the following is alternatively called corporate venturing?

1.Entrepreneurship

2.Intrapreneurship

3.Act of stating a new venture

4.Offering new products by an existing company


Question:
Which of the following is correct?

1.All innovations are also inventions.

2.All inventions are also innovations.

3.Inventions are related to science while innovations are related to social issues.

4.None of the above


Question:
Which of the following is correct?

1.Technology is the use of engineering knowledge for wealth generation.

2.Innovations are scientific inventions.

3.Innovations are new ideas.

4.Innovations are new ideas.


Question:
Which of the following is correct?

1.Science is a systematic way of studying any phenomenon.

2.Science is all about experimentation.

3.Science is concerned with explaining things in a rational manner.

4.All of the above


Question:
Which of the following is correct?

1.Knowledge available in patent is available in public domain.

2.Knowledge available in patent is kept confidential so that it can not be used by others.

3.Patenting of invention is a big hindrance of use of technology for social welfare.

4.All of the above


Question:
Which of the following is correct?

1.A Patent is an exclusive right granted for an invention.

2.Getting patent is a guarantee for a regular income for your invention.

3.Both (a) and (b)

4.None of the above


Question:
Which of the following is not included in the parameters of sustainable development?

1.Carrying capacity

2.Inter and Intra-generation equity

3.Gender disparity and diversity

4.None of the above


Question:
Which of the following traditional marketing elements do not apply to social entrepreneurship efforts?

1.Public Relations

2.Sales Promotion

3.Marketing mix

4.None of the above


Question:
Which of the ministry of Government of India deals with matters related to intellectual property?

1.Niti Aayog

2.Ministry of Human Resource Development

3.Ministry of Commerce and Industry

4.Ministry of Finance


Question:
Which one of the following gives suggestions for new product and also help to market new products?

1.Existing products and services

2.Federal government

3.Distribution Channels

4.Consumers


Question:
Which one of the following is the most important characteristic of a successful business website?

1.Innovation

2.Speed

3.Graphics

4.products


Question:
Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process?

1.Idea Stage

2.Product Planning Stage

3.Product Development Stage

4.Test Marketing Stage


Question:
Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?

1.New business model

2.Anatomization

3.None of the given options

4.Creative destruction


Question:
Why should an entrepreneur do a feasibility study for starting a new venture

1.To identify possible sources of funds

2.To see if there are possible barriers to success

3.To estimate the expected sales

4.To explore potential customers


More MCQS

  1. MBA Accounting MCQ Question Set 1
  2. MBA Accounting MCQ Question Set 2
  3. MBA Accounting MCQ Question Set 3
  4. MBA Accounting MCQ Question Set 4
  5. MBA Accounting MCQ Question Set 5
  6. MBA Accounting MCQ Question Set 6
  7. MBA Accounting MCQ Question Set 7
  8. MBA Accounting MCQ Question Set 8
  9. MBA Accounting MCQ Question Set 9
  10. MBA Accounting MCQ Question Set 10
  11. MBA Advertising and Sales Promotion Mcq Set 1
  12. MBA Advertising and Sales Promotion Mcq Set 2
  13. MBA Advertising and Sales Promotion Mcq Set 3
  14. MBA Advertising and Sales Promotion Mcq Set 4
  15. MBA Advertising and Sales Promotion Mcq Set 5
  16. MBA Advertising and Sales Promotion Mcq Set 6
  17. MBA Advertising and Sales Promotion Mcq Set 7
  18. MBA Advertising and Sales Promotion Mcq Set 8
  19. MBA Advertising and Sales Promotion Mcq Set 9
  20. MBA Advertising and Sales Promotion Mcq Set 10
  21. MBA Advertising and Sales Promotion Mcq Set 11
  22. MBA Advertising and Sales Promotion Mcq Set 12
  23. MBA Advertising and Sales Promotion Mcq Set 13
  24. MBA Behavioural and Allied Sciences MCQ Set 1
  25. MBA Behavioural and Allied Sciences MCQ Set 2
  26. MBA Behavioural and Allied Sciences MCQ Set 3
  27. MBA Behavioural and Allied Sciences MCQ Set 4
  28. MBA Behavioural and Allied Sciences MCQ Set 5
  29. MBA Behavioural and Allied Sciences MCQ Set 6
  30. MBA Behavioural and Allied Sciences MCQ Set 7
  31. MBA Behavioural and Allied Sciences MCQ Set 8
  32. MBA Behavioural and Allied Sciences MCQ Set 9
  33. MBA Behavioural and Allied Sciences MCQ Set 10
  34. MBA Brand Management MCQ Set 1
  35. MBA Brand Management MCQ Set 2
  36. MBA Brand Management MCQ Set 3
  37. MBA Brand Management MCQ Set 4
  38. MBA Brand Management MCQ Set 5
  39. MBA Business Communication MCQ Set 1
  40. MBA Business Communication MCQ Set 2
  41. MBA Business Communication MCQ Set 3
  42. MBA Business Communication MCQ Set 4
  43. MBA Business Communication MCQ Set 5
  44. MBA Business Communication MCQ Set 6
  45. MBA Business Communication MCQ Set 7
  46. MBA Business Communication MCQ Set 8
  47. MBA Business Communication MCQ Set 9
  48. MBA Brand Management MCQ Set 10
  49. MBA Brand Management MCQ Set 11
  50. MBA Business Economics MCQ Set 1
  51. MBA Business Economics MCQ Set 2
  52. MBA Business Economics MCQ Set 3
  53. MBA Business Economics MCQ Set 4
  54. MBA Business Economics MCQ Set 5
  55. MBA Business Economics MCQ Set 6
  56. MBA Business Environment MCQ Set 1
  57. MBA Business Environment MCQ Set 2
  58. MBA Business Environment MCQ Set 3
  59. MBA Business Environment MCQ Set 4
  60. MBA Business Environment MCQ Set 5
  61. MBA Business Environment MCQ Set 6
  62. MBA Business Environment MCQ Set 7
  63. MBA Business Environment MCQ Set 8
  64. MBA Business Environment MCQ Set 9
  65. MBA Business Ethics and Governance MCQ Set 1
  66. MBA Business Law Mcq Set 1
  67. MBA Business Law Mcq Set 2
  68. MBA Business Law Mcq Set 3
  69. MBA Business Law Mcq Set 4
  70. MBA Business Law Mcq Set 5
  71. MBA Business Law Mcq Set 6
  72. MBA Business Law Mcq Set 7
  73. MBA Business Law Mcq Set 8
  74. MBA Business Law Mcq Set 9
  75. MBA Business Mathematics Mcq Set 1
  76. MBA Business Mathematics Mcq Set 2
  77. MBA Business Mathematics Mcq Set 3
  78. MBA Business Mathematics Mcq Set 4
  79. MBA Business Mathematics Mcq Set 5
  80. MBA Business Mathematics Mcq Set 6
  81. MBA Business Statistics Mcq Set 1
  82. MBA Business Statistics Mcq Set 2
  83. MBA Computers In Management Mcq Set 1
  84. MBA Computers In Management Mcq Set 2
  85. MBA Computers In Management Mcq Set 3
  86. MBA Computers In Management Mcq Set 4
  87. MAB Cost and Managerial Accounting Mcq Set 1
  88. MBA Cost and Managerial Accounting Mcq Set 1
  89. MBA Cost and Managerial Accounting Mcq Set 2
  90. MBA Cost and Managerial Accounting Mcq Set 3
  91. MBA Cost and Managerial Accounting Mcq Set 4
  92. MBA Cost and Managerial Accounting Mcq Set 5
  93. MBA Cost and Managerial Accounting Mcq Set 6
  94. MBA Cost and Managerial Accounting Mcq Set 7
  95. MBA Cost and Managerial Accounting Mcq Set 8
  96. MBA Cost and Managerial Accounting Mcq Set 9
  97. MBA Cost and Managerial Accounting Mcq Set 10
  98. MBA Cost and Managerial Accounting Mcq Set 11
  99. MBA E-Business MCQ Set 1
  100. MBA E-Business MCQ Set 2
  101. MBA E-Business MCQ Set 3
  102. MBA E-Business MCQ Set 4
  103. MBA English Language MCQ Set 1
  104. MBA English Language MCQ Set 2
  105. MBA Entrepreneurship Management MCQ Set 1
  106. MBA Entrepreneurship Management MCQ Set 2
  107. MBA Entrepreneurship Management MCQ Set 3
  108. MBA Entrepreneurship Management MCQ Set 4
  109. MBA Entrepreneurship Management MCQ Set 5
  110. MBA Entrepreneurship Management MCQ Set 6
  111. MBA Financial Management MCQ Set 1
  112. MBA Financial Management MCQ Set 2
  113. MBA Financial Management MCQ Set 3
  114. MBA Financial Management MCQ Set 4
  115. MBA Financial Management MCQ Set 5
  116. MBA Financial Management MCQ Set 6
  117. MBA Financial Management MCQ Set 7
  118. MBA Financial Management MCQ Set 8
  119. MBA Financial Management MCQ Set 9
  120. MBA Financial Management MCQ Set 10
  121. MBA Financial Management MCQ Set 11
  122. MBA Financial Management MCQ Set 12
  123. MBA Human Resource Management Mcq Set 1
  124. MBA Human Resource Management Mcq Set 2
  125. MBA Human Resource Management Mcq Set 3
  126. MBA Human Resource Management Mcq Set 4
  127. MBA Human Resource Management Mcq Set 5
  128. MBA Human Resource Management Mcq Set 6
  129. MBA Human Resource Management Mcq Set 7
  130. MBA Human Resource Management Mcq Set 8
  131. MBA Insurance and Risk Management Mcq Set 1
  132. MBA Insurance and Risk Management Mcq Set 2
  133. MBA Insurance and Risk Management Mcq Set 3
  134. MBA Insurance and Risk Management Mcq Set 4
  135. MBA Insurance and Risk Management Mcq Set 5
  136. MBA Insurance and Risk Management Mcq Set 6
  137. MBA Management Information Systems Mcq Set 1
  138. MBA Management Information Systems Mcq Set 2
  139. MBA Management Information Systems Mcq Set 3
  140. MBA Management Information Systems Mcq Set 4
  141. MBA Management Information Systems Mcq Set 5
  142. MBA Management Information Systems Mcq Set 6
  143. MBA Management Information Systems Mcq Set 7
  144. MBA Management Information Systems Mcq Set 8
  145. MBA Management Information Systems Mcq Set 9
  146. MBA Marketing Management Mcq Set 1
  147. MBA Marketing Management Mcq Set 2
  148. MBA Marketing Management Mcq Set 3
  149. MBA Marketing Management Mcq Set 4
  150. MBA Marketing Management Mcq Set 5
  151. MBA Marketing Management Mcq Set 6
  152. MBA Marketing Management Mcq Set 7
  153. MBA Marketing Management Mcq Set 8
  154. MBA Marketing Management Mcq Set 9
  155. MBA Marketing Management Mcq Set 10
  156. MBA Marketing Management Mcq Set 11
  157. MBA Marketing Management Mcq Set 12
  158. MBA Marketing Management Mcq Set 13
  159. MBA Media Planning Mcq Set 1
  160. MBA Media Planning Mcq Set 2
  161. MBA Media Planning Mcq Set 3
  162. MBA Media Planning Mcq Set 4
  163. MBA Operations Research Mcq Set 1
  164. MBA Operations Research Mcq Set 2
  165. MBA Operations Research Mcq Set 3
  166. MBA Operations Research Mcq Set 4
  167. MBA Operations Research Mcq Set 5
  168. MBA Organisational Behavior Mcq Set 1
  169. MBA Organisational Behavior Mcq Set 2
  170. MBA Organisational Behavior Mcq Set 3
  171. MBA Organisational Behavior Mcq Set 4
  172. MBA Principles and Practices of Management Mcq Set 1
  173. MBA Principles and Practices of Management Mcq Set 2
  174. MBA Principles and Practices of Management Mcq Set 3
  175. MBA Principles and Practices of Management Mcq Set 4
  176. MBA Principles and Practices of Management Mcq Set 5
  177. MBA Principles and Practices of Management Mcq Set 6
  178. MBA Principles and Practices of Management Mcq Set 7
  179. MBA Principles and Practices of Management Mcq Set 8
  180. MBA Principles and Practices of Management Mcq Set 9
  181. MBA Production and Operations Management Mcq Set 1
  182. MBA Production and Operations Management Mcq Set 2
  183. MBA Production and Operations Management Mcq Set 3
  184. MBA Production and Operations Management Mcq Set 4
  185. MBA Production and Operations Management Mcq Set 5
  186. MBA Production and Operations Management Mcq Set 6
  187. MBA Production and Operations Management Mcq Set 7
  188. MBA Production and Operations Management Mcq Set 8
  189. MBA Production and Operations Management Mcq Set 9
  190. MBA Production and Operations Management Mcq Set 10
  191. MBA System Analysis and Design Mcq Set 1
  192. MBA System Analysis and Design Mcq Set 2
  193. MBA System Analysis and Design Mcq Set 3
  194. MBA System Analysis and Design Mcq Set 4
  195. MBA System Analysis and Design Mcq Set 5
  196. MBA System Analysis and Design Mcq Set 6
  197. MBA System Analysis and Design Mcq Set 7
  198. MBA System Analysis and Design Mcq Set 8
  199. MBA System Analysis and Design Mcq Set 9
  200. MBA Total Quality Management Mcq Set 1
  201. MBA Total Quality Management Mcq Set 2
  202. MBA Total Quality Management Mcq Set 3
  203. MBA Total Quality Management Mcq Set 4
  204. MBA Total Quality Management Mcq Set 5
  205. MBA Total Quality Management Mcq Set 6
  206. MBA Total Quality Management Mcq Set 7
  207. MBA Total Quality Management Mcq Set 8
Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!