Entrepreneurship And Project Management Set 2

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This set of Entrepreneurship and Project Management Multiple Choice Questions & Answers (MCQs) focuses on Entrepreneurship And Project Management Set 2

Q1 | Entrepreneurial management is noted for its ability to react quickly and effectively to new___________.
  • Market
  • Business opportunities
  • Product
  • Technology
Q2 | Which of the following is the back bone of financial plan?
  • Budgeting.
  • Capital.
  • Nature of business.
  • Cost of production.
Q3 | The entrepreneur was distinguished from capital provider in______________.
  • Middle ages.
  • 18th century.
  • 17th century.
  • 19th and 20th century.
Q4 | Female entrepreneur differs from male entrepreneur in terms of the following except ____________.
  • Motivation
  • Business skill.
  • Departure point
  • Goal orientation
Q5 | Which one of the following is the way by which an entrepreneur can enter into international business?
  • Export
  • Non equity arrangements
  • Direct foreign investment
  • All the above
Q6 | Which of the following is alternatively called corporate venturing?
  • Entrepreneurship
  • Intrapreneurship
  • Act of stating a new venture
  • Offering new products by an existing company
Q7 | The term EDP refers to _____________.
  • Entrepreneurship Development Programme.
  • Entrepreneurial Development Programme.
  • Entrepreneur Development Programme.
  • Entrepreneuring Development Programme.
Q8 | _________ promotes the creation and/or growth of enterprises through a National Team of Trainers and Counselors that provides training and counseling to young promoters to establish their own business and to reduce the failure rate of start-ups, contributing thereof to the economic growth of the Country.
  • EDQ
  • EDN
  • EDC
  • EDP
Q9 | EDPs are conducted by _____________.
  • Entrepreneurs
  • Specialised institutions
  • Business community
  • Government
Q10 | __________ is an apex Institute in the area of Entrepreneurship and Small Business Development under the Ministry of Micro, Small and Medium Enterprises Government of India.
Q11 | ___________ has helped to set up twelve state-level exclusive entrepreneurship development centres and institutes.
  • Entrepreneurship Development Institute of India
  • State Bank of India
  • Reserve Bank
  • Industrial Finance Corporation of India
Q12 | Which are not the main Components of project management?
  • Adequate control is exercised.
  • Concept and pre-feasibility study
  • A clear defined project objective
  • Evaluation and financing arrangements.
Q13 | Project overrun is a frightening _________________facing India.
  • Financial problem
  • Resource problem
  • Economic problem
  • Research problem
Q14 | Project engineering and investment costs is an angle to ensure________.
  • Pre-feasibility
  • Detailed project report
  • Funding level
  • Project decision
Q15 | Project phases allow for effective control at the_____________.
  • Project cost
  • Funding level
  • Estimation
  • Quality
Q16 | Planning and controlling the task is the ________________of a project manager.
  • Strategy
  • Responsibility
  • Procedure
  • Duty
Q17 | The documentation required at the end of each phase of a small project can be defined bysub setting the documentation for a ________________.
  • Special project
  • Specified project
  • Typical project
  • Well Designed project
Q18 | Which of the following shows the process of creating something new_________________?
  • Business model.
  • Modeling.
  • Creative flexibility.
  • Innovation.
Q19 | Stauworth and Curran have explained entrepreneurship in terms of _______________
  • Economic development
  • Protectionism
  • Monopoly
  • Social marginality
Q20 | Expanding economy serves as an accelerator to _______________
  • Entrepreneurship
  • Intrapreneurship
  • Sole proprietorship
  • Economic development
Q21 | RCI stands for __________.
  • Re-investment corporation of India.
  • Re-investment committee of India.
  • Refinance corporation of India.
  • Refinance committee of India.
Q22 | .The word entrepreneurship has been derived from a ____________ which means ' toundertake'.
  • French root
  • Greek root
  • Roman root
  • Italian root
Q23 | ______________ presupposes commitment to tasks to be performed with well definedobjectives, schedules and budget.
  • Plan
  • Project
  • Schedule
  • Proposal
Q24 | .Projects concerned with industrial development, power generation, mineral developmentwill be considered as ___________.
  • Quantifiable project
  • Sectoral project
  • Techno-economic project
  • Feasibility project
Q25 | A person who managed large project was termed as the entrepreneur in the _________.
  • Earliest period.
  • Middle ages.
  • 17th century.
  • 19th and 20th century.