December 2014 - Paper 2

41:  

Who propounded entrepreneurship as a theory of business?

A.

Daniel Goleman

B.

Joseph A. Schumpeter

C.

Thomas A. Coleman

D.

Warren Buffet

 
 

Option: B

Explanation :

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42:  

Who among the following is not the tirst generation entrepreneur ?

A.

Dhirubhai Ambani

B.

Shiv Nadar

C.

K. Anji Reddy

D.

G.D. Birla

 
 

Option: C

Explanation :

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43:  
Which of the following is not a possible route to market entry for a small business owner/entrepreneur?
A.

Franchise

B.

Corporate Venture

C.

Outright Purchase

D.

Buy-out

 
 

Option: D

Explanation :

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44:  

The number of items which can be exclusively manufactured in the small scale sector are

A.

20 items

B.

35 items

C.

50 items

D.

62 items

 
 

Option: A

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45:  

Which of the following is an external reason for the sickness of a small business?

A.

Choice of an idea

B.

Inadequate finance

C.

volatile business environment

D.

Lack of vertical and horizontal integration

 
 

Option: C

Explanation :

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