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This set of Entrepreneurship Development (ED) Multiple Choice Questions & Answers (MCQs) focuses on Entrepreneurship Development Set 12

Q1 | corporate social responsibility leads to
  • long run survival of bussines
  • improvement in public image
  • helps in avoiding governmentinterferance
  • all of these
Q2 | EDP stands for
  • Entrepreneurship development programme
  • Entrepreneurship development policy
  • Entrepreneurship demand plan
  • none of these
Q3 | Entrepreneruial behavious includes
  • solving problems
  • taking initiative
  • taking responsibility
  • all of these
Q4 | the entreneurial growth in india gain momentum after the launch of economic planning in  
  • 1872
  • 1772
  • 1952
  • 1978
Q5 | Why are small businesses important to a country's econo
  • m They give an outlet for entrepreneurs
  • They can provide specialist support to larger companies.
  • They can be innovators of new products.
  • All the above.
Q6 | Which of the following factors does the macro-environme
  • political and regulatory factors.
  • customer needs in a given market.
  • social and demographic factors.
  • technological changes
Q7 | designed to produce numerous ideas in a short period
  • Synectics
  • Delphi technique
  • Brain storming
  • Nominal group technique
Q8 | . describes the direction, the enterprise is going in, what its goals are, where it wants to be,and how it is going to get there
  • project report
  • technical anlaysis
  • market analysis
  • financial analysis
Q9 | The oldest form of business organization is .
  • Partnership.
  • sole proprietorship
  • joint stock company
  • co-operative undertaking.
Q10 | A business arrangement where one party allows another party to use a business Name and sell its products or services is known as 
  • A cooperative.
  • A franchise
  • An owner-manager business
  • A limited company
Q11 | The 'T' in a PESTLE analysis refers to .
  • Time
  • Technology
  • Training
  • Talent
Q12 | Which of the following is the reason for business failure
  • Lack of market research.
  • Poor financial control.
  • Poor management.
  • All the above
Q13 | kunkel proposed the theory of
  • social behaviour
  • consumer behaviour
  • cognitive response
  • X-efficiency
Q14 | adopting any change.
  • fabian
  • adoptive
  • innovative
  • drone
Q15 | operate in their traditional way and resist changes
  • innovative
  • fabian
  • drone
  • adoptive
Q16 | Which of the following factors should not be included in PESTLE analysis?
  • Government re-cycling policy
  • Proposed reduction in
  • Competitor activity.
  • Demographic changes.
Q17 | A new venture's business plan is important because .
  • It helps to persuade others to commit funding to the
  • Can help demonstrate the
  • Provides a guide for business activities by
  • All the above.
Q18 | Promoter is a person who .
  • takes part in the incorporation of a
  • is a director
  • is a relative of the managing director
  • works to publicity to the company
Q19 | The process of preparing an inventory of skills needed for effective implementation of the project is called as
  • Economic viability
  • Financial feasibility.
  • Technical feasibility
  • Managerial competence.
Q20 | Memorandum of association of a firm contains  
  • rules regarding the internal management of the
  • rules regarding the constitution and
  • rules regarding the external management
  • rules regarding the constitution
Q21 | corporate social responsibility leads to
  • long run survival of bussines
  • improvement in public image
  • helps in avoiding government interferance
  • all of these
Q22 | EDP stands for
  • Entrepreneurship development programme
  • Entrepreneurship development
  • Entrepreneurship demand plan
  • none of these
Q23 | Why are small businesses important to a country's economy?
  • They give an outlet for entrepreneurs
  • They can provide specialist support
  • They can be innovators of new products.
  • All the above.
Q24 | Which of the following factors does the macro-environment not include?
  • political and regulatory factors.
  • customer needs in a given market.
  • social and demographic factors.
  • technological changes
Q25 | produce numerous ideas in a short period
  • Synectics
  • Delphi technique
  • Brain storming
  • technique