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This set of Entrepreneurship Development (ED) Multiple Choice Questions & Answers (MCQs) focuses on Entrepreneurship Development Set 3

Q1 | After screening the ideas, they are translated into project………………………………….
  • portfolio
  • profiles
  • proposal
  • none
Q2 | SWOT stands for strength, weakness, opportunity, and ………………………………..
  • treat
  • threat
  • tort
  • none
Q3 | Project formulation means ……………………………….. Study.
  • profitability
  • liquidity
  • feasibility
  • viability
Q4 | ………………………………. Analysis is primarily concerned with the identification,quantification and evaluation of project resources.
  • network
  • financial
  • techno-economic
  • input
Q5 | ………………………………analysis is done to ascertain financial viability of a project.
  • network
  • financial
  • techno-economic
  • input
Q6 | ……………………………… technology refers to that technology which is suitable tolocal, economic, social and cultural conditions.
  • indigenous
  • imported
  • advanced
  • appropriate
Q7 | The term ……………………………… refers to the plan for a particular type of building,arrangement of machinery and equipment and provision of facilitation in the building.
  • factory building
  • factory design
  • factory layout
  • factory premises
Q8 | ……………………….. Analysis is one of the most popular techniques used forplanning, scheduling, monitoring and co-ordinating projects comprising a number of activities.
  • network
  • financial
  • techno-economic
  • input
Q9 | ……………………….. is the difference between sales and variable cost.
  • margin of safety
  • fixed cost
  • contribution
  • profit
Q10 | ………………………… is a network technique of scheduling and controlling theproject where activity times cannot be precisely estimated.
  • pert
  • cpm
  • bep
  • swot
Q11 | ………………………analysis is a technique commonly used to assess expected productprofitability.
  • pert
  • cpm
  • bep
  • swot
Q12 | A series of related activities which result in some product or service is called……
  • event
  • task
  • network
  • slack
Q13 | ……………………….represents the activities and events of a project in a logicalsequence.
  • network diagram
  • project graph
  • arrow diagram
  • all of these
Q14 | The element of job to be completed in a specific time is known as……………………….
  • event
  • activity
  • network
  • slack
Q15 | …………………….represents the start and end of an activity.
  • event
  • activity
  • network
  • slack
Q16 | Node represents…………………………
  • slack
  • activity
  • network
  • event
Q17 | ……is the unbroken chain of activities from start event to end event in thenetwork diagram.
  • slack
  • activity
  • network
  • path
Q18 | Critical path is the longest ………………………….in the network
  • slack
  • activity
  • event
  • path
Q19 | Activities lying on the critical path are known as……………………..activities.
  • critical
  • preceding
  • succeeding
  • concurrent
Q20 | ……………are activities that must be completed immediately prior to the start ofanother activity.
  • critical
  • preceding
  • succeeding
  • concurrent
Q21 | Activities that cannot be started until one or more of other activities arecompleted but immediately follow are called…………………..
  • critical
  • preceding
  • succeeding
  • concurrent
Q22 | Activities that can be accomplished simultaneously are called……………activities.
  • critical
  • preceding
  • succeeding
  • concurrent
Q23 | …………………..is the earliest time an activity can begin
  • eft
  • lst
  • lft
  • est
Q24 | The sum of earliest start time and estimated time to perform the project is called……..
  • eft
  • lst
  • lft
  • est
Q25 | The latest possible time an activity can finish without delaying the project is called…….
  • eft
  • lst
  • lft
  • est