Entrepreneurship And Project Management Set 3

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 3

Q1 | _______________ is concerned with the collection, compilation and analysis of economicdata for the eventual purpose of locating possible opportunities for investment.
  • Project selection
  • Project evaluation
  • Project identification
  • Project segmentation
Answer: Project identification
Q2 | Every project has ____________ basic dimensions.
  • One
  • Two
  • Three
  • Four
Answer: Three
Q3 | What are the the 3 basic dimensions of a project?
  • Input, output and process
  • Input, output and materials
  • Input, output and social cost and benefits
  • Input, output and features
Answer: Input, output and social cost and benefits
Q4 | _____________ is an important element in the project planning cycle.
  • Project objective
  • Project idea
  • Project identification
  • Project selection
Answer: Project objective
Q5 | _____________ are economical and social in nature.
  • Project objective
  • Project idea
  • Project identification
  • Project selection
Answer: Project objective
Q6 | _________________ is the first phase in project life cycle.
  • The introduction phase
  • The pre-investment phase
  • The construction phase
  • The normalisation phase
Answer: The pre-investment phase
Q7 | ____________ phase in the project life cycle begin after the investment decision is taken.
  • The post-investment phase
  • The construction phase
  • The normalisation phase
  • The reconstruction phase
Answer: The construction phase
Q8 | .The asset created during the construction phase are utilised during the _____________
  • The pre-investment phase
  • The post-investment phase
  • The reconstruction phase
  • The normalisation phase
Answer: The normalisation phase
Q9 | There are ___________ stages in project life cycle.
  • One
  • Two
  • Three
  • Four
Answer: Three
Q10 | _____________ is the systematic development of a project idea for the eventual objectiveof arriving an investment decision.
  • Project objective
  • Project identification
  • Project selection
  • Project formulation
Answer: Project formulation
Q11 | ____________ analysis is primarily concerned with the identification of the project demand potential and the selection of the optimal technology suitable for achieving the project objectives.
  • Feasibility
  • Pre-feasibility
  • Techno-Economic
  • Network
Answer: Techno-Economic
Q12 | ___________ is the heart of a project.
  • Project idea
  • Project design
  • Project identification
  • Project selection
Answer: Project design
Q13 | The purpose of financial analysis is to determine __________ of the project.
  • Input feasibility
  • Output feasibility
  • Financial feasibility
  • Cost-benefit feasibility
Answer: Financial feasibility
Q14 | The inter-relationship between various contituent activities of a project is generallydepicted in the form of ____________.
  • Network diagram
  • Project design
  • Feasibility diagram
  • Input diagram
Answer: Network diagram
Q15 | _____________ is an investigating process which precedes investment decision.
  • Project idea
  • Project identification
  • Project formulation
  • Project selection
Answer: Project formulation
Q16 | Project formulation and its implementation are the two essential functions of____________.
  • Project design
  • Project management
  • Project selection
  • Project formulation
Answer: Project management
Q17 | Expand CPM.
  • Critical Path Method
  • Critical Par Method
  • Critical Project Method
  • Critical Price Method
Answer: Critical Path Method
Q18 | _____________ is primarily a scheduling technique.
  • PERT
  • CPM
  • GERT
  • LOB
Answer: PERT
Q19 | Where individual skills are collectively integrated into a group, this is known as_____________.
  • Collective entrepreneurship
  • Intrapreneurship.
  • Team entrepreneurship
  • Dual innovation.
Answer: Team entrepreneurship
Q20 | Which of the following government actions could contribute to a more entrepreneurialsociety?
  • Deregulation.
  • Financial start-up.
  • Information and advice.
  • All the above.
Answer: All the above.
Q21 | .Which of the following is alternatively called corporate venturing?
  • Entrepreneurship.
  • Intrapreneurship.
  • Act of stating a new venture.
  • Offering new products by an existing company.
Answer: Intrapreneurship.
Q22 | SFC stands for____________.
  • State Financial Committee.
  • State Funding Corporation.
  • State Finance Corporation.
  • State Funding Committee.
Answer: State Finance Corporation.
Q23 | Which one of the following is the next stage to the Concept Stage of Product Planningand Development Process?
  • Idea Stage.
  • Product Planning Stage.
  • Product Development Stage.
  • Test Marketing Stage.
Answer: Product Development Stage.
Q24 | .IFCI was established in the year___________.
  • 1985
  • 1984
  • 1980
  • 1987
Answer: 1984
Q25 | IFCI provides____________.
  • Medium term credit.
  • Short term credit.
  • Medium and long term credit.
  • Long term credit.
Answer: Medium and long term credit.
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