Entrepreneurship and Small Business Management - Entrepreneurship Development MCQ
| List-I (Concepts) | List-II (Features) |
| (A) Financial plan | 1. Financial statement |
| (B) Marketing | 2. Quality assurance |
| (C) Development and production | 3. Marketing strategy and resources |
| (D) Objectives | 4. Long term |
| 5. Equity |
CODES
| A | B | C | D | |
| I | 1 | 4 | 2 | 3 |
| II | 1 | 3 | 2 | 4 |
| III | 3 | 1 | 4 | 2 |
| IV | 1 | 2 | 3 | 4 |
| List-I (External Causes for Sickness) | List-II (Features) |
| (A) Personal constraints | 1. Fear of nationalization |
| (B) Marketing constraints | 2. Import-export restrictions |
| (C) Production constraints | 3. Non-availability of skilled labor |
| (D) Finance constraints | 4. Restrain of purchase by bulk purchasers |
CODES
| A | B | C | D | |
| I | 3 | 4 | 2 | 1 |
| II | 3 | 1 | 2 | 4 |
| III | 1 | 2 | 3 | 4 |
| IV | 4 | 3 | 2 | 1 |
- A
The product-based concept of quality focuses on an attribute of the product that is held in high regard
- B
The manufacturing-based quality or process quality concerns the attention to detail in the construction and delivery of the product or service
- C
The transcendent approach to quality is philosophical and asks questions about the nature of things
- D
All of the above
1. Liquidation value is the value of the assets if they had to be sold under pressure.
2. Earnings valuations entail multiplying the earnings of the venture by a price-earnings ratio or dividing the earnings by some capitalization factor.
3. The book value of an asset is the historical cost of the asset less accumulated depreciation.
4. Control issues are negotiable and not solely dependent on the proportion of stock the investors have purchased. All minority stockholders have rights.
5. Social trends refer to the modes and manners in which people live their lives. Lifestyles reflect people's tastes and preferences in an economic sense.
