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Entrepreneurship and Innovation - Entrepreneurship and Innovation Questions

36:  

An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information?

A.

Supplier

B.

Retailer

C.

Competition

D.

Government bureau

 
 

Option: C

Explanation :

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37:  

In which of the following year implementation of SBA Financial plan took place?

A.

1971

B.

1972

C.

1973

D.

1974

 
 

Option: B

Explanation :

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38:  

Match the following

List-I (Type of Entrepreneurship)       List-II (Reporting Countries)

(A) Joint                                                     1. Pakistan Entrepreneurship

(B) Co-operative                                         2. China Entrepreneurship

(C) State                                                    3. India Entrepreneurship

(D) Private                                                 4. United State of Entrepreneurship America

A.

(A) (B) (C) (D)

1    2    3    4

B.

(A) (B) (C) (D)

1    4    3    2

C.

(A) (B) (C) (D)

3    1    2    4

D.

(A) (B) (C) (D)

3    4    2    1

 
 

Option: C

Explanation :

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39:  

In which of the following situation the company is considered to be on breakeven point?

A.

No Profit no loss

B.

Profits are higher than expenses

C.

Expenses are higher then profits

D.

None of the given options

 
 

Option: A

Explanation :

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40:  

The social responsibility towards business includes

A.

Responsibilities of owners towards Entrepreneur

B.

Responsibilities of consumers towards Entrepreneur

C.

Responsibilities of employees towards Entrepreneur

D.

All of the above

 
 

Option: D

Explanation :

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