Quiz Start Time: 10:25 PM

Time Left 87
sec(s)

Question # 1 of 20 ( Start time: 10:25:56 PM ) Total Marks: 1

For the success of business plan the goals should be
Select correct option:

Limitless

Generalized

Specific

t
Imaginary

Quiz Start Time: 10:25 PM Time Left 88

sec(s)

Question # 2 of 20 ( Start time: 10:27:23 PM ) Total Marks: 1

Which one of the following method shows the term which is related to starting from
scratch to a bigger picture?
Select correct option:

Upw ard movement method

Incremental method

Dow nw ard movement method

 None of the above options

Quiz Start Time: 10:25 PM Time Left 88

sec(s)

Question # 3 of 20 ( Start time: 10:28:45 PM ) Total Marks: 1

The difference between the value of a country’s imports and exports over time is
called:
Select correct option:

Deficit exports

Deficit imports

Balance of payment

Balance of debt

Quiz Start Time: 10:25 PM

Time Left 87
sec(s)

Question # 4 of 20 ( Start time: 10:31:51 PM ) Total Marks: 1

Which of the following is representing a single expense account?
Select correct option:

Depreciation

t
 Cash account

Wages & Salaries

Utilities account

Quiz Start Time: 10:25 PM Time Left 89

sec(s)

Question # 5 of 20 ( Start time: 10:32:33 PM ) Total Marks: 1

Which of the following source of capital is relatively faster and less costly than other
funding?
Select correct option:

Outsourcing

Public offering

Private offering

Bootstrap financing

Quiz Start Time: 10:25 PM Time Left 88

sec(s)

Question # 6 of 20 ( Start time: 10:34:01 PM ) Total Marks: 1

Which of the following statements about the intrepreneurial climate is (are) true?
Select correct option:
 Trial and error are discouraged.

Resources of the firm need to be available and eas

t
A multidisciplinary approach is discouraged.

Failures are not allow ed

uiz Start Time: 10:25 PM

Time Left 89
sec(s)

Question # 7 of 20 ( Start time: 10:34:51 PM ) Total Marks: 1

Which one of the following is the process of entrepreneurs developing new products
that over time make current products obsolete?
Select correct option:

Creative destruction

t
New business model

Anatomization

None of the given options

Quiz Start Time: 10:25 PM Time Left 89
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Question # 8 of 20 ( Start time: 10:35:51 PM ) Total Marks: 1

Foundation companies are formed from:
Select correct option:

Fashion

Most popular business

A w inding up company

Research and development

Quiz Start Time: 10:25 PM Time Left 89

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Question # 9 of 20 ( Start time: 10:36:25 PM ) Total Marks: 1

Which of the following factors does not affect a person for being an entrepreneur?
Select correct option:

Work history

Nationality

t
Education
 Personal values

Time Left 89
Quiz Start Time: 10:25 PM sec(s)

Question # 10 of 20 ( Start time: 10:37:36 PM ) Total Marks: 1

Professional support network includes following EXCEPT:
Select correct option:

Personal affiliations

Mentor

Trade associations

Friends

Quiz Start Time: 10:25 PM Time Left 89

sec(s)

Question # 11 of 20 ( Start time: 10:38:59 PM ) Total Marks: 1

The Grameen Bank model is affectively used by which of the following institute?
Select correct option:

Education sector
 Finance Sector

Rural Sector

NGOs

Quiz Start Time: 10:25 PM Time Left 89

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Question # 12 of 20 ( Start time: 10:39:47 PM ) Total Marks: 1

__________ is not complete without describing the venture’s form of ownership.
Select correct option:

Marketing plan

Financial plan

Business plan

Organizational plan

Quiz Start Time: 10:25 PM Time Left 89

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Question # 13 of 20 ( Start time: 10:40:33 PM ) Total Marks: 1

Individuals influencing an entrepreneur’s career choice and style are known as:
Select correct option:
 Role model

t
Moral-support netw ork

Professional support netw ork

Support system

Quiz Start Time: 10:25 PM Time Left 89

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Question # 14 of 20 ( Start time: 10:41:23 PM ) Total Marks: 1

__________ can maintain purchase history data on the types of produces purchased.
Select correct option:

Banks

Agencies

Online ventures

t
Manufacturing units
Quiz Start Time: 10:25 PM Time Left 89
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Question # 15 of 20 ( Start time: 10:41:58 PM ) Total Marks: 1

Directors in corporation are elected by the______
Select correct option:

Middle Level Managers

Entrepreneur

Shareholders

Low level Managers

Quiz Start Time: 10:25 PM Time Left 89

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Question # 16 of 20 ( Start time: 10:43:18 PM ) Total Marks: 1

Being one’s own boss is a need of:
Select correct option:

Independence

t
Achievement

Affiliation
 Authority

Quiz Start Time: 10:25 PM Time Left 89

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Question # 17 of 20 ( Start time: 10:43:44 PM ) Total Marks: 1

Entrepreneur may start his business by considering following number/s of option/s
Select correct option:

Time Left 89
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Question # 18 of 20 ( Start time: 10:45:07 PM ) Total Marks: 1

The product life cycle starts with which stage of product planning and development
process?
Select correct option:

Test marketing stage

 Product development stage

Commercialization stage

Product planning and development process is a part

Quiz Start Time: 10:25 PM Time Left 87

sec(s)

Question # 19 of 20 ( Start time: 10:46:33 PM ) Total Marks: 1

It is proved that most businesses failed because of improper planning of an/a:
Select correct option:

Investor

Marketer

Entrepreneur

t
Consultant

Quiz Start Time: 10:25 PM Time Left 89

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Question # 20 of 20 ( Start time: 10:47:33 PM ) Total Marks: 1

Which one of the following options has NOT a total taxable entity?
Select correct option:
Minor partner

Limited partner

General partner

All of the given options