List of top Entrepreneurship Questions

Which of the following information is NOT needed to find Economic order Quantity (EOQ)?
Balance sheet of ABC Ltd as on March 31, 2022.
LiabilitiesAmountAssetsAmount
Capital50,000Machinery50,000
Creditors30,000Furniture20,000
Bank Overdraft5,000Debtor8,000
Short Term Loan6,000Short Term Investment5,000
 Cash6,000
 92,000 92,000
Net working capital of ABC Ltd is:
Arrange the following in sequence for steps involved in identifying target market.
A. Divide the market into smaller market
B. Developing a marketing plan
C. Deciding what the general market wishes to pursue
D. Select segments to target
Choose the correct answer from the options given below:
Creativity is important to entrepreneurship. Arrange the following in sequence to explain the process of creativity.
A. Incubation
B. Preparation
C. Verification
D. Idea germination
E. Illumination
Choose the correct answer from the options given below:
Arrange in sequence the following three-level Channel of distribution.
A. Wholesaler
B. Agent
C. Retailer
D. Producer
E. Consumer
Choose the correct answer from the options given below:
A combination of alpha and numeric unique code which signifies certain aspects of the item in the inventory is known as ____
Identify the type of acquisition in which the purchasing company becomes a subsidiary of the purchased company.
Mohit is a successful businessman. He is producing fried chicken by using a secret recipe. Now he has decided to give the franchise of his business to 20 people all across the state. He has to make more raw material to make the packets of the secret recipe for the franchisees. Identify the advantage Mohit will receive by producing more packets of his secret recipe.
"Pareto principle" relates to which of the following areas.
Suggest the consideration related to product that an entrepreneur should take care while selecting a channel of distribution.
From the following calculate Gross Working capital and Net Working capital, Creditors ₹10000, cash ₹20000, stock ₹5000.
Select the one representing the main ingredients of a franchise agreement.
Nitin focuses on targeted groups of consumers promoting his products. Which of the following promotional strategy approach he uses?
Which of the following is NOT the characteristic of partnership?
Marketing mix consists of ____ elements.
Pond, Maggi, Amul etc. are the example of ____ type of Brand name.
Which strategy consists of a plan that positions a company's product to gain competitive advantage?
Match List I with List II
List I List II
A. AdvertisingIII. T.V, radio etc.
B. Personal SellingIV. Oral Presentation of message
C. Sales PromotionI. Coupons, loyalty rewards etc.
D. Public RelationsII. Building good relations
Identify the components of Brand.
A.Brand Name
B.Trade Mark
C.Price
D.Brand Mark
Choose the correct option from the options given below:
The process of initiating production in accordance with pre-conceived production plan is said to be.
Which component of financial plan summarizes all the projected sources of funds available to the venture to raise finance?
Convenient frames of reference for streamlining the process of generation of ideas is known as ........
It is the process of entrepreneurship which involves the translation of a useful idea into an application which has commercial value. It takes persistent effort to work out analytically the details of the enterprise or science. The above lines indicate which step of the process of creativity.
Schools in Jaipur change the uniform of the students from summer to winter after Diwali as they know that the environment changes at that time. Identify the importance of understanding the environment shown above.
REAL YOU is a leading mobile phone company in India. The company decided to launch a new model A1 which will have in-built latest software to encourage hands free use and enhance user experience through 3D photos. They are also looking into ideas to use eco-friendly recyclable materials for the body of the phone which will cause less environmental damage. Identify the two factors of PESTEL model from the above cause.