Entrepreneurship and Small Business Management MCQs and Notes

V

Vikash Gupta • 33.56K Points
Instructor I

Q 61. The firm's goals and competitive advantages can be described by

(A) Mission statement.
(B) Vision statement.
(C) Executive summary.
(D) Elevator pitch.

R

Rakesh Kumar • 28.44K Points
Instructor II

Q 62. What is an ideal length of an elevator pitch?

(A) 20 – 50 words
(B) 250 – 500 words
(C) 60 – 100 words
(D) 5 – 10 words

R

Ram Sharma • 193.86K Points
Coach

Q 63. ______ is not included in the business planning presentation types.

(A) Mission
(B) Elevator pitch
(C) Executive summary
(D) Annual objectives

G

Gopal Sharma • 38.32K Points
Coach

Q 64. All of these are business plan concerns of bankers EXCEPT

(A) Monitoring compliance.
(B) Asset/collateral base.
(C) Cash flow and cash cycle.
(D) Long-term prospects.

V

Vinay • 28.75K Points
Instructor II

Q 65. ______ is NOT a business plan concern of family and friend investors.

(A) Amounts and schedules for returns
(B) Funds use
(C) Competitive advantage
(D) Stability of firm

G

Gopal Sharma • 38.32K Points
Coach

Q 66. ______ is a document designed to detail the major characteristics of a firm.

(A) Mission statement
(B) Business plan
(C) Executive summary
(D) Marketing plan

P

Praveen Singh • 36.81K Points
Coach

Q 67. ______ are three basic forms of franchising.

(A) Sole proprietorship, partnership, and corporation
(B) Product, service, and mix-format
(C) Trade name, product distribution, and business format
(D) Regional, local, and global

V

Vikash Gupta • 33.56K Points
Instructor I

Q 68. Violation of reservation policy is punishable under

(A) Small Industries act
(B) Consumer protection act
(C) I (D & R) Act
(D) None of the above

P

Priyanka Tomar • 35.28K Points
Coach

Q 69. Policy of reservation was primarily initiated in

(A) 1976
(B) 1967
(C) 1997
(D) 1982

V

Vinay • 28.75K Points
Instructor II

Q 70. Kapoor Committee was constituted to assess:

(A) Reservation of items
(B) Investment ceiling
(C) Credit delivery system
(D) Government support system

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