Entrepreneurship Development Set 8
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This set of Entrepreneurship Development (ED) Multiple Choice Questions & Answers (MCQs) focuses on Entrepreneurship Development Set 8
Q1 | ……..are incubators sponsored and managed through associations, chambers ofcommerce etc
- government sponsored
- non-profit organizations sponsored
- university sponsored
- privately sponsored
Q2 | ……… incubators transit the findings of research and development into newproducts and technologies.
- government sponsored
- non-profit organizations sponsored
- university sponsored
- privately sponsored
Q3 | …………incubators are organised and managed by private firms or companies orcorporations
- government sponsored
- non-profit organizations sponsored
- university sponsored
- privately sponsored
Q4 | ………………incubators create employment.
- general purpose
- technology
- specialist
- none
Q5 | …………….incubators seek to commercialize new product or service
- general purpose
- technology
- specialist
- none
Q6 | ……………..incubators focus on specific industry areas like art and craft.
- general purpose
- technology
- specialist
- none
Q7 | which of these is not a criteria for choosing right incubator.
- success rates
- quality
- site
- space
Q8 | …………..is made up of a core group of highly specialized firms the same industry.
- ed clubs
- business clubs
- chamber of commerce
- business clusters
Q9 | Which of these is a problem of MSMEs
- bogus units
- inadequate finance
- lack of managerial experience
- all of these
Q10 | The slogan “innovate or evaporate” was given by………..
- robert owen
- joseph schumpeter
- richard cantillon
- philip kotler
Q11 | The first and foremost industrial estate was established at…………………
- rajkot
- ahmadabad
- patna
- gurgaon
Q12 | The first and foremost industrial estate was established in the year…………………
- 1960
- 1962
- 1955
- 1950
Q13 | ……………… means organising, housing and servicing industry, a planned clusteringof industrial enterprises offering standard factory buildings erected in advance of demand and a variety of services and facilities to the occupants.
- industry
- industrial estate
- company
- none of these
Q14 | ………..is the advance given to cover the finance requirement during the time lagbetween sanctioning and disbursement of term loan by financial institutions.
- incentive
- bridge capital
- subsidy
- venture capital
Q15 | ………………. Is the work of entrepreneurs.
- invention
- innovation
- both
- none
Q16 | …………………….. is the work of scientists.
- invention
- innovation
- both
- none
Q17 | Which of these is not a environmental barrier to entrepreneurship
- lack of skilled labour
- custom of people
- lack of fund
- lack of infrastructure
Q18 | Which of these is a social barrier to entrepreneurship
- low status
- custom of people
- both
- none
Q19 | ……………..is a combination of knowledge, skills and appropriate motives that anindividual must possess to perform a given task.
- persistence
- initiative
- competency
- creativity.
Q20 | The capacity to take repeated and different actions to overcome obstacles iscalled……………..
- persistence
- initiative
- competency
- creativity.
Q21 | An inner urge in an individual to do something is called……………
- persistence
- initiative
- competency
- creativity.
Q22 | …………….is the ability of an entrepreneur to successfully convince others.
- persistence
- initiative
- competency
- persuasion.
Q23 | Projects for industrial development is an…………….project.
- quantifiable
- non-quantifiable
- sectoral
- crash
Q24 | Additional capital cost are incurred in …………projects to save time.
- quantifiable
- non-quantifiable
- sectoral
- crash
Q25 | Large scale projects are an example of …………….project
- quantifiable
- magnitude oriented
- sectoral
- crash