Quiznetik

Entrepreneurship and Project Management | Set 1

1. The term Entrepreneur is derived from the word

Correct : D. French

2. An individual who has prior business ownership experienceentrepreneurs.

Correct : A. Habitual

3. _____Identified innovation as a characteristic of entrepreneur for the first time in 1934.

Correct : D. J.A.Schuumpeter

4. Refusal to adopt and use opportunities to make changes in production entrepreneurs.

Correct : D. Drone

5. A short-term, internal source of funds can be obtained by reducing all of the following except_____________.

Correct : C. cash

6. Which one of the following is not an Intrapreneurial leadership characteristic?

Correct : B. Not flexible

7. Which of the following factor does not affect a person for being an entrepreneur?

Correct : B. Gender

8. Which of the following has a contradictory relationship with an individual for being an entrepreneur?

Correct : B. Parents occupation

9. There is evidence that an entrepreneur usually has ________ parents.

Correct : A. Self employed

10. The entrepreneur must possess the abilities of ____________.

Correct : D. All of the above

11. Which of the following is not a characteristic of an entrepreneur?

Correct : B. Need for affiliation

12. People who own, operate, and take risk of a business venture is known as ____________.

Correct : C. Entrepreneurs

13. An entrepreneur doing business within the national border is called __________.

Correct : C. Domestic entrepreneur

14. What type of entrepreneurial business actually produces the products they sell?

Correct : A. Manufacturing

15. Entrepreneurial task depend upon the personality of the entrepreneur, organisational structure and _____________.

Correct : A. The environment

16. The term intrapreneur is coined in ________________.

Correct : A. America

17. The term intrapreneurship is coined in late ________.

Correct : C. Seventies

18. Who said the term "Successful innovators are not risk takers"?

Correct : C. Drucker

19. The difference in the entrepreneurial and managerial domains has contributed towards an increase in interest is ___________.

Correct : A. Forming new firms.

20. To manage these projects successfully the country will need thousands of _____________.

Correct : C. Efficient project Managers.

21. .________________ type of entrepreneurs are particularly important for underdeveloped countries because they contribute significantly to the development of such nations.

Correct : B. Adoptive

22. .______________ type of entrepreneurs are very cautious and skeptical while practising any change.

Correct : C. Fabian

23. In small scale sector ______________ are dominant.

Correct : A. Institutional entrepreneurs

24. Managing entrepreneurs whose chief goal is __________.

Correct : A. Security

25. Which one among the following is considered as one of the important economic factor which determine entrepreneurial growth?

Correct : C. Market

26. Entrepreneurial management is noted for its ability to react quickly and effectively to new ___________.

Correct : B. Business opportunities

27. Which of the following is the back bone of financial plan?

Correct : B. Capital.

28. The entrepreneur was distinguished from capital provider in______________.

Correct : B. 18th century.

29. Female entrepreneur differs from male entrepreneur in terms of the following except ____________.

Correct : A. Motivation

30. Which one of the following is the way by which an entrepreneur can enter into international business?

Correct : D. All the above

31. Which of the following is alternatively called corporate venturing?

Correct : B. Intrapreneurship

32. The term EDP refers to _____________.

Correct : A. Entrepreneurship Development Programme.

33. _________ 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.

Correct : D. EDP

34. EDPs are conducted by _____________.

Correct : B. Specialised institutions

35. __________ 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.

Correct : D. NIESBUD

36. ___________ has helped to set up twelve state-level exclusive entrepreneurship development centres and institutes.

Correct : A. Entrepreneurship Development Institute of India

37. Which are not the main Components of project management?

Correct : C. A clear defined project objective

38. Project overrun is a frightening _________________facing India.

Correct : C. Economic problem

39. Project engineering and investment costs is an angle to ensure________.

Correct : D. Project decision

40. Project phases allow for effective control at the_____________.

Correct : B. Funding level

41. Planning and controlling the task is the ________________of a project manager.

Correct : B. Responsibility

42. The documentation required at the end of each phase of a small project can be defined by sub setting the documentation for a ________________.

Correct : C. Typical project

43. Which of the following shows the process of creating something new _________________?

Correct : D. Innovation.

44. Stauworth and Curran have explained entrepreneurship in terms of _______________

Correct : D. Social marginality

45. Expanding economy serves as an accelerator to _______________

Correct : A. Entrepreneurship

46. RCI stands for __________.

Correct : C. Refinance corporation of India.

47. .The word entrepreneurship has been derived from a ____________ which means ' to undertake'.

Correct : A. French root

48. ______________ presupposes commitment to tasks to be performed with well defined objectives, schedules and budget.

Correct : B. Project

49. .Projects concerned with industrial development, power generation, mineral development will be considered as ___________.

Correct : A. Quantifiable project

50. A person who managed large project was termed as the entrepreneur in the _________.

Correct : B. Middle ages.

51. _______________ is concerned with the collection, compilation and analysis of economic data for the eventual purpose of locating possible opportunities for investment.

Correct : C. Project identification

52. Every project has ____________ basic dimensions.

Correct : C. Three

53. What are the the 3 basic dimensions of a project?

Correct : C. Input, output and social cost and benefits

54. _____________ is an important element in the project planning cycle.

Correct : A. Project objective

55. _____________ are economical and social in nature.

Correct : A. Project objective

56. _________________ is the first phase in project life cycle.

Correct : B. The pre-investment phase

57. ____________ phase in the project life cycle begin after the investment decision is taken.

Correct : B. The construction phase

58. .The asset created during the construction phase are utilised during the _____________

Correct : D. The normalisation phase

59. There are ___________ stages in project life cycle.

Correct : C. Three

60. _____________ is the systematic development of a project idea for the eventual objective of arriving an investment decision.

Correct : D. Project formulation

61. ____________ 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.

Correct : C. Techno-Economic

62. ___________ is the heart of a project.

Correct : B. Project design

63. The purpose of financial analysis is to determine __________ of the project.

Correct : C. Financial feasibility

64. The inter-relationship between various contituent activities of a project is generally depicted in the form of ____________.

Correct : A. Network diagram

65. _____________ is an investigating process which precedes investment decision.

Correct : C. Project formulation

66. Project formulation and its implementation are the two essential functions of ____________.

Correct : B. Project management

67. Expand CPM.

Correct : A. Critical Path Method

68. _____________ is primarily a scheduling technique.

Correct : A. PERT

69. Where individual skills are collectively integrated into a group, this is known as _____________.

Correct : C. Team entrepreneurship

70. Which of the following government actions could contribute to a more entrepreneurial society?

Correct : D. All the above.

71. .Which of the following is alternatively called corporate venturing?

Correct : B. Intrapreneurship.

72. SFC stands for____________.

Correct : C. State Finance Corporation.

73. Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process?

Correct : C. Product Development Stage.

74. IFCI was established in the year___________.

Correct : B. 1948

75. IFCI provides____________.

Correct : C. Medium and long term credit.

76. Assistance from IFCI is available for____________.

Correct : D. All of the above.

77. SIDBI stands for ____________.

Correct : B. Small Industries Development Bank of India.

78. SIDBI was set up in the year____________.

Correct : C. 1989.

79. SIDBI was set up as a subsidiary of____________.

Correct : A. IDBI.

80. Which of the following is a function of SIDBI?

Correct : D. All of the above.

81. SFC was set up under __________.

Correct : A. State financial corporation Act 1951.

82. Financial resources of SFCs consist of _____________.

Correct : D. aAl the above.

83. SFCs assistance to technically qualified people without enough funds is known as _______________.

Correct : A. Seed capital scheme.

84. SFC is prohibited from granting financial assistance to any company whose aggregate paid up capital exceed_____________.

Correct : A. 1 crore.

85. The loans given by SFCs are usually for a period upto ____________.

Correct : B. 10 or 12 years.

86. A concessional rate of interest is charged by SFC in case of_____________.

Correct : D. All the above.

87. SIDC was set up under the_____________.

Correct : B. Companies Act.

88. The financial resources of SIDC consist of ___________.

Correct : D. all of the above.

89. SIPCOT stands for _______________.

Correct : C. State Industries Promotion Corporation of Tamil Nadu Limited.

90. The process each manager follows during the life of a project is known as ______________.

Correct : C. Project Management Life Cycle.

91. SIPCOT is a ____________.

Correct : A. Public limited company.

92. Expand NSTC ____________.

Correct : A. National small Industries Corporation.

93. _________has been recognized as the nodal agency to support the small scale industry export promotion.

Correct : A. SIDO.

94. The term ____________denotes bonus or financial aid which is given by a government to an industry to help it compete with another unit in a nation or in a foreign market.

Correct : D. Bounty.

95. It becomes necessary to do ____________after a project idea has withstood the tests of feasibility analysis and network analysis.

Correct : A. Input analysis.

96. ________________ is designed to overcome this fundamental weakness in the relationship between lending agency and the project sponsoring body.

Correct : C. Project formulation.

97. TIIC stands for _____________.

Correct : A. Tamil Nadu Industrial Investment Corporation Limited

98. TIIC is sponsored by the ____________.

Correct : D. Government of Tamil Nadu.

99. __________ is the first state level financial institution in the country.

Correct : A. TIIC.