Entrepreneurship Management
171. A person owning and running a small firm, is known as ______________.
- A manager-owner.
- An owner-manager.
- A professional adapter.
- An enterprise worker.
Correct answer: (B)
An owner-manager.
172. One of the disadvantages of a franchise business for a franchisee is ______________.
- Lack of independence.
- Franchise businesses typically have a high failure rate.
- Lack of brand identity.
- Training is not normally provided by the franchisor.
Correct answer: (A)
Lack of independence.
173. Integration of project management with the organization takes place with the ______________.
- master budjet
- strategic plan
- Process of managing actual projects
- both b and c
Correct answer: (D)
both b and c
174. market potential of the project report includes______________.
- demand and supply conditions
- market strategy
- after sales service
- all the above
Correct answer: (D)
all the above
175. A business arrangement where one party allows another party to use a business name and sell its products or services is known as ______________.
- A franchise.
- A cooperative.
- An owner-manager business.
- A limited company.
Correct answer: (A)
A franchise.
176. Which of the following is least likely to influence the timing of new business births?
- Government policies.
- Profitability.
- Consumer expenditure.
- Weather conditions.
Correct answer: (D)
Weather conditions.
177. SFC is prohibited from granting financial assistance to any company whose aggregate paid up capital exceed ______________.
- 1 crore.
- 1.5 crores.
- 2 crores.
- 2.5 crores.
Correct answer: (A)
1 crore.
178. Large investment is made in fixed assets, the project will be termed as ______________.
- Capital Intensive.
- Labour Intensive.
- Product Intensive.
- Market Intensive.
Correct answer: (A)
Capital Intensive.
179. ______________ is the analysis of costs and benefits of a proposed project with the goal of assuming a rational allocation of limited funds.
- Project formulation.
- Project evaluation.
- Project appraisal.
- Project Design.
Correct answer: (C)
Project appraisal.
180. DGTD stands for ______________.
- Directorate General of Technical Development.
- District General of Technical Development.
- District General of Taxation Deduction.
- Directorate General of Taxation Deduction.
Correct answer: (A)
Directorate General of Technical Development.