List of top Entrepreneurship Questions

The document should be in written form and duly signed by the partners, stamped and registered. Identify the document.
A Private Company is :
Which one of the following items is not the element in the Innovation process?
Ways to spot trends does not include:
Pranav is an entrepreneur producing LED lamps with brand name "Lavells". These lamps are in great demand. He finds that the cost of production per unit of lamp is 1600rs and he can sell the same at 2000rs per lamp. The competitors in the market are selling this type of lamp at the rate of 2400rs. Pranav's objective is not to earn profit in short run but to capture the largest market share. His expectation is that the customers will be attracted towards the new brand because of lower price. Identify the method of pricing adopted by Pranav to capture the substantial portion of the market.
Mukesh has created a new brand of clothes for babies below the age of 5 years. He wants to use below the line strategy. Which method he must not use under below the line strategy.
For the selling of customised products the marketing process requires, which channel of distribution from the following?
It creates cost control and cost reduction pressures from the start, leading to greater efficiency. The statement is an advantage of which pricing method:
______ is a type of franchise that provides an organization with the right to manufacture a product and sell it to the public.
Subash started with a franchise of AMUL Milk products. His business could not pick up and sales were too less to cover operating expenses. Which of the following reasons could be a cause of business failure?
The bitten apple has because the graphic symbol of unique identity of all products of Apple Inc. It gives instant recognition of the company. The above statement describes the concept of
Financial plan does not include the following:
A merger that takes place between two business organizations that deal in products that are related to each other and operate in the same market.
The initial cost of making a product is Rs. 1 lakh and variable cost per unit is Rs. 40. If its selling price is Rs. 80 per unit, what would be the break-even quantity?
It is the order quantity of inventory that minimizes the total cost of inventory management.
Estimate the Return on investment when an owner spends Rs. 50,000/- to open a shop and make a net profit of Rs. 5000 in one year.
Innovation is the process of entrepreneurship which involves the translation of a useful idea into an application which has commercial value. Arrange the process of innovation in sequence. (A) Resource organisation
(B) Commercial Application
(C) Analytical Planning
(D) Implementation
Choose the correct answer from the options given below:
Arrange the following form of business organisation from smallest to biggest on the basis of expansion under normal conditions.
(A) Partnership
(B) Sole Proprietorship
(C) Private limited company
(D) Public limited company
Choose the correct answer from the options given below:
A direct sale by a company of its securities to a limited number of investors is called:
Select the odd one out in case of funding in venture capital.
Which of the following factors is not be included in 'PESTEL' analysis?
Arrange the following in sequence for the steps involved in idea and opportunity assessment.
(A) Application and use
(B) Cost
(C) Product identification
(D) Competition
(E) Level of operation
Choose the correct answer from the options given below:
Creativity provides stimulus for opportunity discovery and new venture creation. Arrange the following process of creativity in sequence.
(A) Verification
(B) Stage of new ideas
(C) Illumination
(D) Assimilation of information
(E) Preparation
Choose the correct answer from the options given below:
Jethalal started a business of readymade garments for women. In order to gain better insight on tastes and preferences of his target market, he started to approach his target market ie, ladies of age-group of 20-40 by using the platform of social media. Identify the 'Trend' followed by Jethalal.
Read the following passage and answer the question.
Rajesh, Sudhir and Ananya are friends. They all belong to wealthy families. One day they decided to create an organisation to provide equity capital to entrepreneurs as seed capital or for growth. They decide to share the profits equally.
One day Rahul came to their office with a PPT and presented a oral narrative of his idea. The three friends were very happy and decided to provide him for 15% share of his company.
Rahul set up his organization by the name of 'Organico Ltd.' Rahul was selling ceramic cups and plates. Since the competition in the market was high, Rahul decided to set a price lower than the market price to attract new customers. He selected a long distribution channel as his product was durable. Fixed wests for the organisation is ₹12,90,000 per year. He sold 60,000 cups @ ₹20 per unit and 1,40,000 plates @ ₹25 per unit. The variable cost on cups was ₹8 per unit and ₹10 for plates.