Entrepreneurship Management

161. Activities which can be accomplished simultaneously are termed as ______________.

  1. Preceeding Activities.
  2. Succeeding Activities.
  3. Dummy Activities
  4. Concurrent Activities
Correct answer: (D)
Concurrent Activities

162. The process of preparing an inventory of skills needed for effective implementation of the project is called as ______________.

  1. Economic viability.
  2. Financial feasibility.
  3. Technical feasibility.
  4. Managerial competence.
Correct answer: (D)
Managerial competence.

163. Which of the following is not one of the 4 Ms?

  1. motivation.
  2. management.
  3. money.
  4. materials.
Correct answer: (D)
materials.

164. Which of the following statements is false? Electronic commerce:

  1. can allow new ventures to compete on more or less equal terms with large firms.
  2. can lead to small businesses having reduced contact with its customers.
  3. is rarely used in small businesses.
  4. is used in many different industries and markets.
Correct answer: (C)
is rarely used in small businesses.

165. ______________ is primarily concerned with the identification, qualification and evaluation of the project resources.

  1. Techno-economic analysis.
  2. Feasibility analysis.
  3. Input analysis.
  4. Financial analysis.
Correct answer: (B)
Feasibility analysis.

166. The application for registration of a small scale unit should be submitted to the ______________.

  1. General manager, DIC.
  2. Director, DIC.
  3. General manager. NSIC.
  4. Director, NSIC.
Correct answer: (A)
General manager, DIC.

167. The purpose of soft loan scheme is to encourage units to undertake ______________.

  1. modernization of plant and machinery.
  2. replacement of plant and machinery.
  3. renovation of plant and machinery.
  4. all the above
Correct answer: (D)
all the above

168. The small scale unit wishing to export has to obtain exporters code number from ______________.

  1. The Reserve Bank of India.
  2. The Central Bank of India.
  3. Any Regional Bank.
  4. Any International Bank.
Correct answer: (A)
The Reserve Bank of India.

169. Promoter is a person who ______________.

  1. takes part in the incorporation of a company.
  2. is a director.
  3. is a relative of the managing director.
  4. works to publicity to the company.
Correct answer: (A)
takes part in the incorporation of a company.

170. Business risks can be ______________.

  1. avoided.
  2. reduced.
  3. ignored.
  4. erased.
Correct answer: (B)
reduced.
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