Entrepreneurship and Small Business Management MCQs and Notes

R

Ram Sharma • 193.86K Points
Coach

Q 1. Intrapreneurship is best described as:

(A) the hiring of former Entrepreneurs.

(B) Entrepreneurial action within an organization.

(C) The process of buying acquiring entrepreneurial firms.

(D) The process of hiring consultants to teach a firm how to be more creative.

G

Gopal Sharma • 38.32K Points
Coach

Q 2. As the venture becomes established and starts growing, which of the following types of experience becomes increasingly important?

(A) Technical

(B) Financing

(C) Managerial

(D) Marketing

V

Vijay Sangwan • 28.62K Points
Instructor II

Q 3. Which among the following aspects affects an entrepreneur's perception of feasibility?

(A) Locus of control

(B) Learning style

(C) Perceived desirability

(D) Self-efficacy

V

Vinay • 28.75K Points
Instructor II

Q 4. Entrepreneurial Opportunities are defined as: 128

(A) situations in which new goods, services, raw materials and organizing methods can be sold at greater than their production cost.

(B) New market entry through entrepreneur action.

(C) The entrepreneur's mental processes in deciding whether or not to act on a potential opportunity.

(D) A feasibility assessment.

A

Admin • 36.93K Points
Coach

Q 5. Bobby believes that what takes place within his new company is mostly the result of fate or factors that are outside of his control. It could be stated that Bobby possesses a/an ______.

(A) innovative spirit

(B) intrapreneurship

(C) internal locus of control

(D) high need for achievement

V

Vikash Gupta • 33.56K Points
Instructor I

Q 6. A/An ______ is best described by stating it is any business that is independently owned and operated and is not dominate in its market.

(A) strategic alliance

(B) corporation

(C) entrepreneurship

(D) proprietorship

A

Admin • 36.93K Points
Coach

Q 7. Which one of the following is NOT an intrapreneurial leadership characteristic?

(A) Understands environment

(B) Encourage the team work

(C) Not flexible

(D) Persistent

A

Admin • 36.93K Points
Coach

Q 8. An entrepreneur is a person who is a:

(A) Risk taker

(B) Initiator

(C) Actor

(D) All of the given options

R

Ranjeet • 34.60K Points
Instructor I

Q 9. In which of the following domain; individuals take decision to help others for achieving their dreams?

(A) Traditional managers

(B) Entrepreneurs

(C) Intrapreneurs

(D) Administrative managers

P

Praveen Singh • 36.81K Points
Coach

Q 10. Which one of the following theory has the attribute of moderate risk taking as a function of skill, not chance?

(A) Need for independence

(B) Need for achievement

(C) Need for affiliation

(D) Need for authority