Entrepreneurship And Project Management Set 1

Bachelor of Business Administration (BBA)

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This set of Entrepreneurship and Project Management Multiple Choice Questions & Answers (MCQs) focuses on Entrepreneurship And Project Management Set 1

Q1 | The term Entrepreneur is derived from the word
  • English
  • Tamil
  • Hindi
  • French
Answer: French
Q2 | An individual who has prior business ownership experienceentrepreneurs.
  • Habitual
  • Novice
  • Serial
  • Portfolio
Answer: Habitual
Q3 | _____Identified innovation as a characteristic of entrepreneur for the first time in 1934.
  • William Diamond
  • A.H.Cole
  • W.B.Gartner
  • J.A.Schuumpeter
Answer: J.A.Schuumpeter
Q4 | Refusal to adopt and use opportunities to make changes in production entrepreneurs.
  • Fabian
  • Imitative
  • Innovative
  • Drone
Answer: Drone
Q5 | A short-term, internal source of funds can be obtained by reducing all of the followingexcept_____________.
  • Short-term assets
  • Fixed assets
  • cash
  • Inventory
Answer: cash
Q6 | Which one of the following is not an Intrapreneurial leadership characteristic?
  • Encourage the team work
  • Not flexible
  • Understands environment
  • Persistent
Answer: Not flexible
Q7 | Which of the following factor does not affect a person for being an entrepreneur?
  • Education
  • Gender
  • Personal values
  • Family background
Answer: Gender
Q8 | Which of the following has a contradictory relationship with an individual for being anentrepreneur?
  • Parents social status
  • Parents occupation
  • His birth order
  • Relationship with parents
Answer: Parents occupation
Q9 | There is evidence that an entrepreneur usually has ________ parents.
  • Self employed
  • Discouraged
  • Strict
  • Non supportive
Answer: Self employed
Q10 | The entrepreneur must possess the abilities of ____________.
  • Conceptualization
  • Creative
  • Understanding environment
  • All of the above
Answer: All of the above
Q11 | Which of the following is not a characteristic of an entrepreneur?
  • Need for independence
  • Need for affiliation
  • Need for achievement
  • Risk taking
Answer: Need for affiliation
Q12 | People who own, operate, and take risk of a business venture is known as ____________.
  • Aptitude
  • Employee
  • Entrepreneurs
  • Intrapreneur
Answer: Entrepreneurs
Q13 | An entrepreneur doing business within the national border is called __________.
  • International entrepreneurship
  • Intrapreneurship
  • Domestic entrepreneur
  • Imports
Answer: Domestic entrepreneur
Q14 | What type of entrepreneurial business actually produces the products they sell?
  • Manufacturing
  • Wholesaling
  • Retailing
  • Consumer
Answer: Manufacturing
Q15 | Entrepreneurial task depend upon the personality of the entrepreneur, organisational structure and _____________.
  • The environment
  • The market
  • The labour
  • The government
Answer: The environment
Q16 | The term intrapreneur is coined in ________________.
  • America
  • Andaman
  • Australia
  • Antartica
Answer: America
Q17 | The term intrapreneurship is coined in late ________.
  • Fifties
  • Sixties
  • Seventies
  • Eighties
Answer: Seventies
Q18 | Who said the term "Successful innovators are not risk takers"?
  • Adam Smith
  • J.B.Say
  • Drucker
  • Alfred Marshall
Answer: Drucker
Q19 | The difference in the entrepreneurial and managerial domains has contributed towards anincrease in interest is ___________.
  • Forming new firms.
  • Partnership.
  • Intrapreneurship.
  • Private firms.
Answer: Forming new firms.
Q20 | To manage these projects successfully the country will need thousands of _____________.
  • Research and development personnels.
  • Financial investors.
  • Efficient project Managers.
  • Skilled workers.
Answer: Efficient project Managers.
Q21 | .________________ type of entrepreneurs are particularly important for underdeveloped countries because they contribute significantly to the development of such nations.
  • Innovative
  • Adoptive
  • Fabian
  • Drone
Answer: Adoptive
Q22 | .______________ type of entrepreneurs are very cautious and skeptical while practisingany change.
  • Innovative
  • Imitative
  • Fabian
  • Drone
Answer: Fabian
Q23 | In small scale sector ______________ are dominant.
  • Institutional entrepreneurs
  • Entrepreneurs by inheritance
  • Technologist entrepreneurs
  • Forced entrepreneurs
Answer: Institutional entrepreneurs
Q24 | Managing entrepreneurs whose chief goal is __________.
  • Security
  • Power
  • Excitement
  • Ambitious
Answer: Security
Q25 | Which one among the following is considered as one of the important economic factorwhich determine entrepreneurial growth?
  • Government
  • Politics
  • Market
  • Private
Answer: Market
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